Media Center

News Releases

  • 2019/08
    Taiwan: “2019 Youth Sustainability Leadership Program” Held by CTCI EF, Center for Corporate Sustainability & Taiwan Institute for Sustainability Foundation--Opening Up New Opportunities for Sustainability
    “2019 Youth Sustainability Leadership Program” organized by CTCI EF, Center for Corporate Sustainability (CCS) & Taiwan Institute for Sustainability Foundation (TAISE) was held during July 30 to August 2. Totally 36 students from 27 colleges/universities in Taiwan participated in this training program for four days and three nights. The program aims to put forward proposals for the UN’s 2030 agenda for Sustainable Development and its 17 Sustainable Development Goals (SDGs). CTCI GSS CEO Ming-Cheng Hsiao and CTCI EF&TAISE Chairman Eugene Chien, ambassador-at-large, were invited to attend the opening and gave a welcoming address to the students, expecting them to exert influence as the younger generation, opening up new opportunities for sustainability globally. At the closing ceremony, Eugene Chien, ambassador-at-large conferred “Youth Sustainability Leadership Scholarship” to teams demonstrating outstanding performance.

    This is the third term for this program, and to enable students to better understand the current international sustainability issues and SDGs, apart from training courses, for the first time, an “Innovative Proposals Development” course--a group competition for proposals on SDGs, was organized. The course combines a book published this year by CTCI EF, “UN’s Sustainable Development Goals—Philosophy and Practice for Sustainable Industries”, which explores four sustainability topics, food & agriculture, energy, city & transportation, as well as health & welfare. Hopefully, this would help strengthen the students’ leadership, encourage them to utilize what they have learned, plus innovative thinking, and contribute a share to promote sustainability globally.

  • 2019/07
    USA: CTCI Secures GCGV 1.1 MTA MEG EPC Project of ExxonMobil, SABIC with McDermott
    CTCI, Taiwan’s leading EPC contractor, has secured Gulf Coast Growth Ventures (GCGV) Monoethylene Glycol (MEG) EPC Project in the United States by forming a Joint Venture, CTCI McDermott Integrated (CMI), with McDermott. The world-scale downstream module project sets a new record in contract value CTCI secures in the U.S. hydrocarbon market, and is CTCI’s first project to fully utilize its modularization technology in the U.S. EPC market.

    The project owner is a Joint Venture between ExxonMobil and Saudi Basic Industries Corporation (SABIC). The MEG Project is located in San Patricio County, Texas, which enjoys ready access to rail and deep water port facilities. With the existing infrastructure and proximity to raw materials, this has created a positive business climate to make good use of the shale gas development in the U.S. and booming local petrochemical industry. GCGV acquired environmental permits in June, 2019. The completion of the Project, anticipated by 2022, is expected to bring production of 1.1 MTA monoethylene glycol (MEG) annually to satisfy the growing demands for MEG.

    CTCI has accumulated experience in the hydrocarbon business since 1979 and has executed high-end EPC projects in the petrochemical processing, chemical, and LNG markets around the world. “With this Project, CTCI extends its service upward to front-end engineering design.” said John T. Yu, Group Chairman of CTCI. “CTCI leverages its equipment modularization experience to that of the whole plant, a milestone for our modularization technology. We are committed to providing comprehensive engineering services to our Client, staying true to our brand spirit of being ‘The Most Reliable.’”

  • 2019/07
    Taiwan: “2019 Taiwan in My Eyes--120h”—Summer Action Held by CTCI EF Concluded with Success: Let the World See Efforts by Taiwan Business to Realize SDGs
    A nationwide campaign ”2019 Taiwan in My Eyes 120h—Summer Action” was co-organized by CTCI Education Foundation (CTCI EF) and Center for Corporate Sustainability (CCS) which attracted 28 students from 12 countries in 6 universities that form 7 teams.

    The event concluded on July 19 at CTCI headquarters, on which a Results Presentation event and award ceremony was held. Students shared in Chinese and English their observations and reflections during the 5-day, 120h exploration trip across Taiwan visiting enterprises across sectors with exemplary performance in promoting United Nations Sustainable Development Goals (SDGs). The students also record what they see in social media to share with their peers, voicing Taiwan’s SDG performance worldwide. At the event, CTCI EF and CCS Chairman Eugene Chien conferred “CTCI Exchange Scholarships” to winning teams to recognize their efforts to enhance Taiwan’s visibility in sustainability development and explore the diversity of Taiwan.

  • 2019/07
    Taiwan: "2019 Taiwan in My Eyes--120h" Event: Multi-national Students Voice to the World the Sustainable Operations of Taiwan
    A nationwide campaign "2019 Taiwan in My Eyes 120h—Summer Action" co-organized by CTCI Education Foundation and Center for Corporate Sustainability was launched on July 1 at CTCI headquarters. Participants are composed of 7 native Taiwanese and 21 foreign students from 12 countries in 6 universities. The event is focused on the exploration of Sustainable Development Goals of United Nations. CTCI Group Chairman John T. Yu & CTCI EF and TAISE Chairman Eugene Chien both were invited to attend the opening and gave a welcoming address to the students and wished them to grasp this opportunity to observe/share Taiwan’s sustainability practices with peers worldwide within the 5-day, 120h campaign via social media like Facebook.

    During the five days, students are invited to visit several benchmark enterprises to see Taiwan's international engineering expertise, sustainable practices of energy transition, ecological footprint of textile manufacturing, waste resource cycling, and innovative technology development in central Taiwan. It is expected that trough the on-site visit, students will observe, exchange ideas, discuss and record what they see with their peers and most importantly, effectively promoting Taiwan's strength for sustainable development.

  • 2019/06
    Taiwan: ECOVE Solar Energy Corporation, a CTCI Company, Builds Luzhu Photovoltaic Plant, Generating Green Power and Supplying for 561 Households Yearly
    On June 25, ECOVE Solar Energy Corporation (ECOVE SEC), a company of CTCI Group Resource Cycling Business, announced that it has completed a photovoltaic project at Taoyuan Metro Luzhu Depot generating 2.04 million kWh power which could supply for 561 households and cut down 1,079 metric tons of carbon emission annually, equivalent to the amount of carbon dioxide absorbed by 4.1 Da'an Forest Parks in Taipei. With the benefits of power generation and carbon reduction, the plant will be an exemplary photovoltaic park in Taoyuan City.

    ECOVE SEC possesses extensive experience of investment, development, construction, and operation of solar power plants in Taiwan as well as US market. So far, the Company has completed projects which generate a total of 135.14 million kWh power and cuts down 73,218 metric tons of carbon emission, which could help ease the power strain during peak hours and make a contribution to reduce greenhouse gas emissions.

    Taoyuan Metro Corp. believes that solar power is a non-polluting industry with high utilization efficiency. It selected Luzhu Depot and Chingpu Depot to install solar modules on the roof. After a rigorous selection process, ECOVE obtained development rights of Luzhu Photovoltaic Plant in 2018 and takes responsibility for the overall planning, investment, construction and operation of the photovoltaic facilities.

    In addition, ECOVE SEC also won development rights of Qingpu Photovoltaic Plant which will be completed in June of 2020, generating approximately 3.78 million kWh green power which could supply for 1,040 households and cut down 2,000 metric tons of carbon emission annually, equivalent to the amount of carbon dioxide absorbed by 7.6 Da'an Parks in Taipei.

    In addition to Luzhu and Chingpu photovoltaic projects, ECOVE SEC has long been engaged in cooperation with local governments and major public transportation institutions, such as Taoyuan Metro Corp., Kaohsiung Rapid Transit Corp., Taiwan High Speed Rail Company, Hualien County Gov't, Civil Aviation Administration, and Taiwan Port Corp. to develop investment in photovoltaic power system. With the abundant experience, ECOVE will continue to support renewable energy projects with actions and establish a new model for power industry in green energy construction in Taiwan.

  • 2019/06
    Taiwan: ECOVE Solar Energy Corporation, a CTCI Company, Builds Taiwan's First and Largest Rooftop Photovoltaic Facilities at a Purification Plant
    On June 25, ECOVE Solar Energy Corporation, a company of CTCI Group Resource Cycling Business, announced that in response to the Government’s promotion for renewable energy it has completed a photovoltaic project at Taipei City Changxing Water Purification Plant, the first photovoltaic construction built on the roof of water purification plant. The photovoltaic facilities are expected to generate 2.13 million kWh power, cutting down about 1,180 metric tons of carbon emission yearly. With the benefits of power generation, suppression of algae growth, dust prevention, and carbon reduction, the plant will be an exemplary photovoltaic park in Taipei City.

    ECOVE Solar Energy Corporation possesses extensive experience of investment, development, construction, and operation of solar power plants in Taiwan as well as USA markets. So far, the Company has completed projects which generates a total of 135.14 million kWh power and cuts down 73,218 metric tons of carbon emission, which could help relieve the voltage used during peak hours and make a contribution to reduce greenhouse gas emissions.

    In response to the Taipei City Photovoltaic Plan, the Taipei Water Supply Division attracted investment in the project of Changxing Water Purification Plant. After a rigorous selection process, ECOVE obtained development rights and is responsible for the overall planning, investment, construction and operation of the photovoltaic facilities.
    For the reason that Taipei City takes up less lands and the sunshine radiation of which is less than in the south, ECOVE adopted the rooftop way to build Changxing plant. ECOVE laid a total of 5,936 solar modules with a total area of 11,483 square meters on the roof of the clean pools. According to 1,250 square meters of one standard swimming pool of the Olympic Games, the proportion of the photovoltaic plant is equivalent to the size of more than 9 swimming pools, the largest in the industry.

    After the facilities start running, the Changxing photovoltaic plant generates 2.13 million kWh power which could supply for 610 households and cuts down 1,180 metric tons of carbon emission annually, equivalent to the amount of carbon dioxide absorbed by three Da'an Forest Parks in Taipei. Moreover, with the vast landscape combined with the Taipei 101 building and its multi-purpose uses such as energy development, water purification as well as environmental landscape, the photovoltaic plant is expected to become a new landmark in Taipei city.

    In addition to Changxing photovoltaic project, ECOVE has long been engaged in cooperation with local governments and major public transportation institutions, such as Taoyuan Metro Corp., Kaohsiung Rapid Transit Corp., Taiwan High Speed Rail Company, Hualien County Gov't, Civil Aviation Administration, and Taiwan Port Corp. to develop investment in photovoltaic power system. With the abundant experience, ECOVE will continue to support renewable energy projects with actions and establish a new model for power industry in green energy construction in Taiwan.

  • 2019/05
    Taiwan: The 2019 Annual General Shareholders’ Meeting of CTCI Corporation & The 15th Meeting of the 14th Term Board of Directors
    CTCI Corporation held its Annual General Shareholders’ Meeting on May 29th, 2019 at International Conference Hall, Mellow Fields Hotel. During the meeting, the motions, including 2018 business report, financial statements, distribution of fiscal year 2018 earnings, amendments to “Regulations Governing the Acquisition and Disposal of Assets”, “Regulations Governing Making of Endorsements/ Guarantees”, “Regulations Governing Loaning of Funds” were all carried.

    According to the Business Report, the consolidated sales revenues amounted to NT$64,069,542 thousand in 2018, decreased by 10.53% from the year 2017. The consolidated net income after tax reached NT$1,827,537 thousand, decreased by 34.86% compared with the year 2017. In 2018, total new contract awarded to CTCI group was about NT$101,705,907 thousand. Major projects awarded are Taiwan CPC No. 3 LNG Receiving Terminal Tank, Taipei MCT Wanda Line System E&M Phase 1 Project, Taichung Power Plant Coal Handling System Improvement Project, Taoyuan City Biomass Energy Center BOT Project, Taiwan KCG 33,000 CMD Linhai WWRU BTO Project, Taiwan CGTD Tank Farm, GSPC Gulei EVA BEPC Project, Thailand PTTLNG Nong Fab LNG Receiving Terminal, and India DLTPL Dhamra LNG Receiving Terminal., etc. The decreased consolidated sales revenue is mainly due to the comparatively fewer new contracts awarded in 2017; having new contract awarded over NTD100 billion in 2018, sales revenue is expected to rebound in 2019 accordingly. In addition, cash dividend payable to shareholders of NT$1,721,210,023 was approved in the Shareholders’ Meeting (TWD 2.255 per share based on 763,273,848 common outstanding shares).

    Meanwhile, the ex-dividend trading date and the record date for dividend were determined to be on July 25th, 2019 and August 1st, 2019, respectively, in the Board Meeting held the same day.

  • 2019/05
    Taiwan: The 2019 General Shareholders Meeting of CTCI Advanced Systems Inc. & The 15th Meeting of the Board of Directors for the 11th Term
    The 2019 Annual General Shareholders’ Meeting of CTCI Advanced Systems Inc. (CTCI ASI) was held at Taipei Computer Association Executive Club Room 501, May 29, 2019. During the meeting, the motions, including 2018 business report, financial statements, distribution of fiscal year 2018 earnings, amendments to “Regulations Governing the Acquisition and Disposal of Assets”, “Regulations Governing Making of Endorsements/ Guarantees”, “Regulations Governing Loaning of Funds” were all carried.

    According to the business report released, the consolidated sales revenues of CTCI ASI in 2018 is NT$1,407,451 thousand; the net Income reaches NT$76,235 thousand; total new contract awarded to CTCI ASI was about NT$1,028,327 thousand.

    Major projects awarded are CPC Taichung LNG Terminal SSL System, RAPID P1 RFCC Instrument Project, Taipei MRT Wanda Zhonghe Shulin Line Electromechanical Systems Phase 1 Project - Communication System Engineering, Formosa Plastics Louisana Engineering Design and Drawing/Document Management Software System,OPTC Petrochemical Line 3 Plant Logistics Management Intelligent System Construction Service,CTCI SPF system Application Development and SPM Report Development Service Work, Mr. Energy Management System application at TSMC 11 Fabs, and Chung Hung Steel plant Cold Rolling Mill Plant First Line Power System Improvement project. In addition, cash dividend payable to shareholders of NT$65,227,711 was approved in the Shareholders’ Meeting (NT$2.7767 per share based on 23,491,500 common outstanding shares).

    Meanwhile, the ex-dividend trading date and the record date for dividend were determined to be on July 25th, 2019 and August 1st, 2019, respectively, in the Board Meeting held the same day.

  • 2019/05
    Taiwan: The 2019 General Shareholders Meeting of ECOVE Environment Corporation & The 14th Meeting of the 7th Term of the Board of Directors
    ECOVE Environment Corporation held its annual General Shareholders Meeting on 30th May, 2019 in Room 505, Mellow Fields Hotel. During the meeting, the motions, including ”2018 business report”, “financial statements ”, ”Distribution of fiscal year 2018 earnings ”, amendment of ”Regulations Governing the Acquisition and Disposal of Assets”, “Regulations Governing Loaning of Funds” and “Regulations Governing Making of Endorsements/Guarantees” were all carried.

    According to the Business Report, the consolidated revenues amounted to NT$4,847,096 thousand in 2018, increased by NT$367,509 thousand from the year 2017. The consolidated net profit after tax reached NT$806,912 thousand, increased by NT$45,573 thousand compared with the year 2017. The major reason causing the revenue increase in 2018 is acquirement of the rectification projects of the Gaonan plant and Kanding plant by ECOVE Environment Services Corporation, an ECOVE subsidiary; the newly merged subsidiary, ECOVE Solar Energy Corporation, has also contributed to NT$83,629 thousands to consolidated revenue in the third quarter of 2018. In addition, cash dividend payable to shareholders of NT$726,077,701 was approved in the Shareholders Meeting (TW$10.82 per share based on 67,105,148 common outstanding shares).

    Meanwhile, the ex-dividend trading date and the record date for dividend were determined to be on July 25th, 2019 and August 1st, 2019, respectively, in the Board Meeting held the same day.

  • 2019/04
    Taiwan: To Fuel Global Business Growth, CTCI 2nd HQ to Start Construction
    CTCI, the largest domestic EPC turnkey contractor, has developed into a "Taiwan's No. 1 and Global 100" international engineering service company after 40 years of operation and active development. With the vigorous development of the business, the scale of CTCI has expanded rapidly. In 2009, CTCI laid the foundation of the first headquarters building in Tianmu area, Shilin District. Ten years later, the second headquarters building (2nd HQ) of CTCI is going to be built in Beitou-Shilin Technology Park. On April 23, the groundbreaking ceremony of the 2nd HQ was held, and the theme of the ceremony was "CTCI 40 Years, A High-Rise HQ2." CTCI invited the former Vice President of R.O.C. Mr. Vincent Siew and CTCI's board of directors, retired chiefs, and senior executives. A total of approximately 150 VIPs attended the ceremony and wished CTCI to maintain the spirit of "Based in Taiwan, Look into the World" in order to achieve wonderful and everlasting results and create another brilliant 40 years, and the world shall witness Taiwan's engineering strength.

    Mr. Vincent Siew, former Vice President of R.O.C., Dr. Wen-Yen Pan, Chairman of CTCI Foundation, and Mr. J. T. Lin, former President of CTCI were invited to give speeches at the groundbreaking ceremony. All of them acknowledged and praised CTCI's contribution to Taiwan's economic development and global engineering construction. CTCI not only has set a new paradigm for the industry but has also made Taiwan's engineering brand shine in the global market. CTCI's care and cultivation toward the employees, as well as the maintenance of the "people-oriented" spirit is precisely the keys to making CTCI's achievements sustainable.

    During the ceremony, Mr. John T. Yu, Group Chairman of CTCI, stated that the Group started from a local company with only 800 employees, but now has grown into an international enterprise with more than 40 subsidiaries and more than 7,000 professional engineers globally. In addition, CTCI set a new record high in the total amount of new contract and backlog of contracts in 2018. This is the fruitful result of the efforts of every CTCI employee after decades of dedication and hard work. In order to provide a better working environment for our colleagues and to respond to the development of the intelligent solutions of the Group, the 2nd HQ, currently being built by the CTCI team, combines intelligent solutions and advanced green energy technology. It is expected to be the new office space for Intelligent Solution and Resource Cycling business groups and the CTCI Education Foundation after its completion in 2021. The 2nd HQ will be the architectural model of smart innovation and the new local landmark and will benefit CTCI's global businesses even more.

  • 2019/04
    Taiwan: Reaching New Milestone in Taiwanese Offshore Wind Farm: CTCI Undertakes Offshore Wind Turbine Substructure Transition Piece Project
    CTCI MAC, a subsidiary of CTCI, the largest EPC turnkey contractor in Taiwan, has successfully contracted Germany-based wpd AG for “Offshore Wind Farm Yunlin, Offshore Wind Turbine Substructure -- Transition Pieces" project. This will be the first Taiwanese offshore wind power project with transition pieces completely produced and manufactured in Taiwan. Not only does this mark CTCI's official entry into offshore wind power business, but it also sets a new record high for CTCI MAC in terms of contract value. The installation of the foundations in the wind farm is expected to be accomplished in Q3 2020. The wind farm with a total of 640 MW in generation capacity is expected to be fully operational by mid of 2021. In addition to reducing carbon emissions, it also sets a new milestone for offshore wind farms in Taiwan, creating a new page for the green economy.

    A total of 80 offshore wind turbines are planned at the offshore wind farm in Yunlin. In accordance with Taiwan's offshore wind power localization policy, 40 turbine foundations will be manufactured by domestic manufacturers. CTCI MAC has 40 years of experience in manufacturing pressure vessels and has obtained both European certifications EN 1090 (EU Steel Structure Certification) and ISO 3834 (Welding Quality Management System Certification) since November of 2017. CTCI MAC has demonstrated professional production and management capabilities in details pertaining to production planning, quality control, HSE (Safety, Health, Environmental protection) and shipping, and was further acknowledged by the project owner wpd and became the preferred partner. CTCI MAC has already set up CTCI MAC Ta-Lin Shop in Kaohsiung's Nansing Free Trade Zone to facilitate the transportation of the 40 transition pieces (TP) from Kaohsiung Port to the outer edge of Yunlin once they have been manufactured.

    German wpd AG is a worldwide developer and operator in wind power on- and offshore as well as solar power. It is headquartered in Bremen, Germany, and is currently the largest private renewable energy operator in Taiwan. CTCI has signed a Memorandum of Understanding (MOU) with wpd in 2018 followed by a delivery contract in March, with focus on jointly promoting the localization of offshore wind energy. This is the first collaboration project between the two parties. According to the central government's offshore wind energy development plan, the capacity from offshore wind turbine installations is expected to reach 5.5 GW by 2025, of which up to 3 GW are to be generated by wind turbines with a significant number of components manufactured in Taiwan. This will lead to an enormous business opportunity in the supply chain. CTCI, upholding its brand spirit as "The Most Reliable", promises to make a contribution in promoting the localization of Taiwan's offshore wind power, making green energy shine for Taiwan with its "Most Reliable” engineering services.

  • 2019/03
    Taiwan: CTCI 40 Years, Partner for Sustainability:
    2019 CTCI Global Supplier Meeting Concluded with Success
    At its 40th anniversary since establishment, CTCI has made considerable contribution in engineering developments both at home and abroad and won international recognition for its brilliant corporate social responsibility obligation performances over the years. In hopes to collaborate with its supplier partners to fulfill corporate social responsibility and exert their collective global influences, CTCI held a "CTCI 40 Years, Partner for Sustainability" 2019 CTCI Supplier Meeting on March 28, 2019. Via this meeting, CTCI expects to build consensus, grow together, and create innovative opportunities in terms of environment, economic, and social sustainability development orientations with its suppliers.

    A total of 70 suppliers from 19 countries, which are Taiwan, China, Thailand, Japan, Singapore, the U.S., South Korea, Germany, Malaysia, the Philippines, Saudi Arabia, India, the U.K., Belgium, Finland, France, Spain, Switzerland, and Australia, were invited to participate, with 113 high-level executives of these suppliers attending the meeting. CTCI Group Vice Chairman Michael Yang, President of EPC Operations Todd Chen, and Vice President of the Procurement Division Ting-Chuang Li represented the company to welcome global suppliers at the event. During the meeting, CTCI specifically described its policies on quality management, safety, health and environment policies, procurement operation procedures, and supplier management, as well as providing its future business outlooks. Also, memorial trophies were conferred to outstanding suppliers to recognize their efforts and support, aiming to build consensus and create intimate partnership opportunities.

    As a member of the global village, CTCI has continued to fulfill its corporate social responsibility while pursuing enterprise growth in hopes to achieve corporate social responsibility with its partners together. In the future, in addition to establishing sustainable supplier chain development strategies, CTCI will continue to counsel and assist suppliers to enhance their international capabilities. Meanwhile, it will also enhance awareness and corporate social responsibility executions via continuous sharing and advocacy. The goal is to enable the global suppliers and CTCI to grow together, and jointly move towards the path of sustainability.

  • 2019/01
    Taiwan: “2019 Taiwan in My Eyes--120h” Event Starts at CTCI HQ: Students from 22 Countries Voice to the World the Sustainable Operations of Taiwan
    A nationwide campaign ”2019 Taiwan in My Eyes-- Sustainability Tactics” co-organized by CTCI Education Foundation and Center for Corporate Sustainability was launched on January 21 at CTCI headquarters. The event is focused on the exploration of Sustainable Development Goals of United Nations. CTCI Group Chairman John T. Yu & CTCI EF and TAISE Chairman Eugene Chien both were invited to attend the opening and gave a welcoming address to the students at the opening and wished them to grasp this opportunity to observe/share Taiwan’s sustainability practices with peers worldwide within the 5-day, 120h campaign.

    This campaign has been held for the 4th time and the response is incredible. For the recent session, participants are composed of 12 native Taiwanese and 36 foreign students from 22 countries in 11 universities. Aside from self-selected sites visits to explore Taiwan’s sustainability dimensions, during the five days, students also visit several benchmark enterprises to see Taiwan’s international engineering expertise/track record, sustainable practices of semiconductor industry, ecological education, transformation of the hydrocarbon industry, and innovative technology development in central Taiwan. It is expected that trough the on-site visit, students will observe, exchange ideas, discuss and record what they see in social media with their peers and most importantly, effectively promoting SDGs education worldwide.