Most of AmCham Taipei’s member companies in the medical device field are sales and marketing arms of the world’s major multinational, especially American, brands. The profiles below introduce two member companies that are exceptions in that their forte is manufacturing, with Taiwan as their main base. As private companies they don’t disclose their financial information,…
The Taiwan Precision Medicine Initiative offers the opportunity to dramatically improve the nation’s medical landscape and advance the lucrative biomedical sector with an ambitious DNA mapping project. “The best doctor cures the illness that is still obscure, the good doctor cures the illness that is about to break out, and the ordinary doctor treats the…
Taiwan and other regional players are finding it difficult to compete on the same scale as China when it comes to hosting clinical trials. Over the years, Taiwan has developed a strong reputation in the field of healthcare. It is now looking to leverage its advantages to position itself as a regional biomedical hub and…
The Taiwanese have learned the value of “Reduce” and “Reuse” in dealing with the trash households produce. Each night at a designated time in Taipei neighborhoods, a bright yellow garbage truck makes an appearance, its arrival signaled by a sound system playing a familiar tune such as Beethoven’s Für Elise. Trailing close behind are one…
Given the right government policy and smart marketing by local manufacturers, Taiwan’s love affair with scooters could help the environment. It’s a daily commute for tens of thousands of people, but it has also become an annual pilgrimage for electric motorcycle owners. In what is known as the “motorcycle waterfall,” scooters jostle for position like…
What used to be known as the “Petrochemical Kingdom” is now leading the fight against the production and use of plastics, or coming up with clever alternatives There was a time not so long ago when simply having a shower would typically release hundreds of thousands of plastic microbeads down the drain. Eventually they would…
Chemical manufacturers in Taiwan are concerned that new rules requiring the disclosure of hazardous substances in their products could compromise confidential business information (CBI). In November 2018, the Ministry of Labor (MOL) published an amendment to the Regulations for the Labeling and Hazard Communication of Hazardous Chemicals that requires disclosure of the substance’s Chemical Abstract…
Despite global economic headwinds, some makers in the sub-sector are continuing to perform well. Taiwan has been steadily moving into specialty chemicals in a bid to move up the global industry value chain. Specialty chemicals are sold based on their function or performance instead of composition. They often are designed to impact one specific aspect…
Given environmental pressures and limited scale, the sector sees just two options: move into specialty chemicals or invest overseas. Despite environmental and other challenges, Taiwan’s chemical sector continues to thrive. In 2018, the industry was forecast to grow by 4.88% – the highest growth rate of any industry in Taiwan – to reach NT$4.68 trillion…
The state-owned company looks to invest in high-value-added chemicals and green projects at home while exploring upstream opportunities overseas. The CPC Corp. was established in Shanghai as the Chinese Petroleum Corp. in 1946 and relocated to Taiwan three years later. The state-owned firm plays a crucial role in ensuring Taiwan’s energy security, and is also…
