- Tuntex Distinct Corp.,
a core business unit of Tuntex group, initially launched on Dec. 4,
1972 began the manufacture of developing polyester series products
to this date, with its operations expanded into the real estate properties
market in 1980.
- The paid-up capital
valued NT$15.5 billion as of 2003.
- Tuntex Distinct Corp.'s
chemical fiber plant is located in Hsinchih Township, Tainan County,
boasting a daily production output of 1,240 tons.
- The firm went public in 1989 listed under
the construction stock, and as the chemical fiber business has accounted
for 65% of the firm's total revenues over the recent years, the firm's
stocks have been reclassified under the textile stock as of 1997.
The chemical fiber division
Simplified Engineering Process
and Largest Production Capacity
fiber is the core business of Tuntex Group. The plant operates at
a daily level of 1,240 tons, which already benefits from economies of
scale. It has the world's largest single production line with a daily
level of 450 metric tons. For many years, the Group has made great effort
to improve engineering process of chemical fiber products. In addition
to producing high-value added mainstream products, the company accomplished
the development of engineering process of 3-Reactor. It is more cost-effective
and easy to operate than the traditional 5-Reactor.
In view of the insufficient electricity supply
on the island, Tuntex Distinct Corp. invested in a steam and electricity
co-generation plant in 1985. Another two plants were established in
1992 and 1997, respectively. The total power supply generates 125MW
and it is now second to Formosa Plastic Corp.
In 1996, Tuntex Distinct Corp. established a
technology cooperation with the Japanese company, Hitachi, to build
up a trail-run PTA (Pure Terephthalic Acid) plant with an annual capacity
of 70,000 tons in a bid to develop new technology for the production
of IPA. The plant construction was completed in 1998. The acquisition
of PTA know-how will create substantial profit base for the company.
After having accumulated many years of experience
in plant expansion, in 1987 a turnkey polyester fiber plant was exported
to the MAP-TA-PHUT industrial park in southern Thailand with a space
of 300,000 square metres and an annual production yield of 105,000 metric
tons. Due to good sales performance, Tuntex (Thailand) Public Company
Limited became listed on the Thailand stock exchange in 1993. It is
the first Taiwan company in the chemical fibers industry to become listed
on the overseas market. In 1995, a polyester plant with an improved
annual capacity of 126,000 tons was established. This is the largest
chemical fiber plant in Thailand. A turnkey chemical fiber plant was
opened in Xiang-Lu (Xiaman) of Mainland China in 1993, with a space
of over 60-hectare and an annual capacity of 210,000 metric tons. The
mass production commenced in 1995.
Taiwan has outperformed other countries in the
integration of chemical fibers industry. Tuntex Group has successfully
developed vertical integration from the petrochemical industry to the
textiles industry, with the advantage of self-supplied raw materials
and economies of scale.
Furthermore, the Group has become more independent
on technology development and the product quality has met international
standard. The chemical fibers divisions in Taiwan and Xiang-Lu (Xiaman)
Industries Ltd. were given ISO accreditation
The Group will accelerate the globalization
process in the future. The product lines and export/import sales percentage
will be set according to different geographic areas and market demands
in a bid to maximize overall profits. It is anticipated that Tuntex
Group will play a leading role in the international arena.
The real estate development division
Taiwan's Paramount Skyline
Distinct Corporation (TDC) entered the real estate business in 1980. With
twenty-years experience in real estate development, Tuntex Group has built
numerous landmark buildings in Taiwan, including the City Garden Plaza
on An Ho Rd., in Taipei (high-priced real property in urban area) and
Oriental Technopolises in Hsichih (the new landmark building), and 85-storey
T&C Tower in Kaohsiung, highest skyscraper in Taiwan's architectural history.
These buildings not only laid the new foundations in Taiwan's construction
industry, but also created diversified values. In recent years, Tuntex
Group has transformed its business into real estate and property businesses
to cope with the reengineering of construction market in Taiwan.
Group's construction projects include office buildings, recreational
and residential buildings, hotels, commercial centers, shopping malls,
plant, residential communities, etc. The construction projects are built
with benefits of diversified functions and high convenience.
recently completed 85-storey T&C Tower is ranked No. 5 in the world
with height of 348 meters. This structure not only marked the new era
of skyscraper in Taiwan, but also became the new landmark building in
southeastern Asia. In addition to diversified functions of entertainment,
shopping, hotel, sightseeing, T&C Tower brings crowds of people for
business opportunities, provides offices for business operation and
panoramic view, the T&C tower is a paragon of multi-functional skyscraper.
satisfy the needs of business for high-efficiency operations, Tuntex
Group built the Oriental Technopolises, a commercial building which
provides diversified and practical functions including exhibit centers,
commercial centers planet, office, etc. This building of 430,000 square
metres space is the best showcase for the powers of leading enterprises
with advantage of cost efficiency. Oriental Technopolises became the
priority options for the head offices of Acer Group and Wei Chuan Group,
and other international enterprises.
addition to its success in each real estate development projects, Tuntex
Group's earlier construction projects, such as Chinese Emperor's Plaza,
designed by the guru of architect Mr. C.Y. Lee, is a work of art exhibiting
the beauty of Chinese architectures. Chinese Emperor's Plaza was built
with radiant brick walls and elaborate pavilions, featuring fascinating
garden. To date, Chinese Emperor's Plaza remains a classic and legend
in the architectural history of Taiwan.