- 2018/06CTCI Awarded LNG Receiving Terminal Contract in ThailandTaipei, TAIWAN: CTCI CORPORATION, in Joint Venture with Saipem, has been awarded a new contract of Nong Fab LNG Receiving Terminal located within Map Ta Phut Industrial Estate in Rayong Province of Thailand by PTT LNG Company Limited, a subsidiary of PTT Public Company Limited.
With CTCI’s solid track record and focus in Thailand’s EPC market over the decades, the JV beats other international EPC bidders to acquire the contract with the value nearly USD 925 million, hitting a new record for CTCI in Thailand’s EPC project contracting market. This contract award has laid a foundation for an advantageous Southeast Asia market outlook, while also fueled the momentum for Taiwan Government’s New Southbound Policy.
The scope of Nong Fab LNG Receiving Terminal includes engineering, procurement, construction and commissioning of two 250,000m3 storage tanks, a 7.5MMTPA re-gasification facility, a long trestle marine jetty, and an eco-friendly Administration Building.
- 2018/06Continuing to Support EPA’s Beach Cleaning Campaign, CTCI Teams Up to Guard Taiwan’s CoastlineIn response to the EPA’s island-wide beach cleaning and beach adopting campaign, CTCI has made commitment to contribute its share to be a guiding force for Taiwan’s coastline and has planned a beach cleaning campaign at Yangchouzi coastline, Tamsui, New Taipei City. On June 9, CTCI held the 2nd beach cleaning activity, while the 1st session of which had been held in 2017. With CTCI’s participation as an enterprise, it is hoped that the public may be encouraged to join us to preserve the picturesque coastline of Taiwan.
It was a fair sunny day when the activity was held, and nearly 60 CTCI colleagues, family, and friends participated in beach cleaning with great passion. Along with any other participants, the CEO of Group Shared Services Mr. Ming-Cheng Hsiao attended the event to cheer colleagues up and personally toiled under the sun to pick up trash at the beach. The beach adopted by CTCI is 1 km in length, and the trash collected include waste and floating garbage like styrofoam, bottle glass, plastic bottles, fishing net, etc. The organizer Brand Management Department then selected the winning groups with the “Golden Weight Award”, “Golden Volume Award”, and “Golden Color Award” based on the weight, volume, and type of trash collected by each group. When seeing the cleaned beach, the participants were thrilled with a feeling of achievement and decided to sign up for the next session of this meaningful campaign.
CTCI believes that continuous supporting the beach adopting project is a vital part of building a sustainable home for all. The next session is scheduled to be held on September 29, and we invite more colleagues and family member to join us and join hands to contribute a share to the sustainability of the marine ecology.
- 2018/06CTCI Wins Regas Package for LNG Receiving Terminal Project at Dhamra Odisha from Adani GroupCTCI, Taiwan’s largest EPC lump sum contractor has recently been awarded a Regas Package for LNG Receiving Terminal Project by India-based Adani Group. The project will be jointly handled by the India-based CINDA Engineering & Construction Pvt. Ltd., and the parent company CTCI Corp. While this is an inaugural cooperation between the two parties, this has made CTCI the contractor with the highest market share in India’s LNG receiving terminal construction market.
The project is located at the Dhamra Port, Odisha in the east coast of India and is scheduled to be completed within 3 years. Upon completion, a capacity of producing 5 million tonnes of natural gas per annum will be made available, which will contribute to local economic development, while also ensuring cleaner fuel to refineries, fertilisers, industries in the region along with development of City Gas Distribution networks and thus help reach the Green India Mission launched by the India Government.
The Adani Group is a multinational conglomerate company based in India, and one of India’s Top 5 leading business entities. The Group’s diverse businesses include energy, resources, logistics, and agribusiness, among others, and it is known as King of Ports in India. The project is located within one of the 10 ports owned by the Adani Group.
CTCI has long been developing the India market and has established the CINDA Engineering & Construction Pvt. Ltd. in 2008 for localized operations. It has previously acquired Kochi LNG Receiving Terminal Expansion Project and Dahej LNG Receiving Terminal Phase IIIB-1 Expansion Project by Petronet LNG Limited, India. In other business lines, including petrochemical, LNG receiving terminals, and industrial plants, CTCI has also built a strong foundation, winning state level awards for outstanding project executions multiple times. This contract award not only broadens CTCI’s market reach, but with the equipment required in the project, Taiwan’s supply chain may be able to penetrate into the India market, which will also avail the New Southbound policy of the Taiwan Government.
- 2018/04GDDC will Build Taipei’s Largest Solar Power Plant on the Roof of the Beitou DepotG.D. Development Corporation (GDDC), a subsidiary of industry-leading resource cycling services provider ECOVE, announced on Apr. the 13th that it obtained the bid of the solar power plant at the Beitou Depot.
GDDC will complete a total capacity of 3.8MW photovoltaic power facilities, the largest solar power plant in Taipei City, and generate about 4,300MWh green power which could supply for 1,100 families yearly and cut down 2,200 metric tons of carbon emission annually.
GDDC, founded in 2011, is a joint venture between ECOVE and Gintech Energy Corporation with extensive experience in the investment, development, construction, and operation of solar power facilities at Taiwan High Speed Rail station, Kaohsiung MRT station, Kaohsiung Harbor, and aviation stations in Taiwan. In Nov. 2017, GDDC signed the contract of solar power plant at Beitou Depot with Taipei Metro and would be responsible for the overall planning, investment, construction and operation. The solar power plant will be built in June this year and completed before the end of the year.
- 2018/03CTCI Targets Offshore Wind Power Business Opportunities to Make Green Energy Shines for TaiwanCTCI Group is the largest EPC turnkey contractor in Taiwan. It has extensive experience in domestic and international turnkey projects. Major projects include CPC Refinery, Liquefied Natural Gas Station, High Speed Rail, and MRT. As the leading company of Taiwan's engineering contracting industry, CTCI also responds to the government's green power policy to contribute to the sustainable development of Taiwan's environment while pursuing the growth of the company. Therefore, it will not be absent for the offshore wind power business opportunities. Recently CTCI has signed a Memorandum of Understanding (MOU) with Germany-based wpd AG energy group. CTCI hopes to make green energy shine for Taiwan using its most reliable engineering technology.
Wpd is a wind power and solar optoelectronics developer and operator. It is headquartered in Bremen, Germany, and has operating locations in 18 countries. Since its establishment over 20 years ago, it has installed nearly 2,200 wind turbines and has a total capacity of more than 4,400 MW. In 2016, wpd acquired Taiwan's infraVest Group, becoming the largest private renewable energy operator which operates more than 380 MW on-shore wind power and solar power. It has also planned offshore wind farm sites, including 708MW offshore of Yunlin and 363MW off the coast of Taoyuan.
Offshore wind power is a crucial key to Taiwan’s energy transformation. CTCI will actively compete for related business by utilizing its competitive strength in engineering design and management. In early 2018, CTCI Group's CTCI Machinery Corporation has received German TÜV Group PED (EU Pressure Equipment Directive), EN1090 (EU Steel Structure Certification), and ISO3834 (Welding Quality Management System Certification). CTCI Machinery Corp is the first Taiwan company to get certification from both the US and EU. This is a plus to offshore wind power and underwater infrastructure engineering services.
At present, there are only about 1,000 days left to reach the 520MW policy target by the end of 2020. All developers are fully committed and strive to complete the first potential wind farm in Taiwan by 2020. CTCI will also uphold the brand spirit of "The Most Reliable" and actively pursue business opportunities to provide green energy construction for Taiwan.
- 2018/03CTCI Partners with Global Suppliers to March towards SustainabilityAs the largest domestic turnkey contractor, CTCI has won international recognition for its brilliant corporate social responsibility obligation performances over the years. CTCI has held a "Towards Sustainability - Better Together" 2018 CTCI Supplier Meeting on March 22, 2018, in hopes to collaborate with its supplier partners to fulfill corporate social responsibility and exert their collective global influences. CTCI also shared and promoted its business sustainability philosophy and achievements in order to build consensus, grow together, and create innovative opportunities in terms of environment, economic, and social sustainability development orientations.
A total of 24 suppliers from Eurasian region including Italy, Spain, China, Taiwan, India, Japan, South Korea, Singapore, Hong Kong were invited to participate, and a total of 44 high-level executives of these suppliers have attended this meeting. Todd Chen, President of EPC Operations, Ming-Cheng Hsiao, President of Group Shared Services, and Ting-Chuang Li, Senior Manager of the Procurement Division have represented the company to welcome the global suppliers during the event and shared the sustainable development and business outlooks of CTCI. Meanwhile, two heavyweight scholars/experts, Dr. Eugene Chien, Chairman of the Taiwan Institute for Sustainable Energy (TAISE) and Dr. Yang Ku, CEO of TAISE, were invited to give keynote speeches on the topics of "International Development Trends and Targets for Sustainable Development" and "Sustainable Supply Chain management," respectively. Their speeches explored the key connections and impacts from the implementation of the United Nations Sustainable Development Goals (SDGs) toward enterprise sustainable management, social responsibility investment, sustainable supply chain management, etc. The goal of the meeting was to enable participants to have a clearer knowledge and understanding of the sustainable enterprise operations and supplier management practices, and enable everyone to cooperate more closely.
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. CTCI also awarded medals to manufacturers that have supplied excellent products in order to show recognition and gratitude for their support. The objective is to inspire more vendors to create intimate partnership opportunities with CTCI on a win-win basis.
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 addition to being the first company to have its CSR reports to receive third-party verification in Taiwan, CTCI has also become the first in Taiwan to be selected by the Dow Jones Sustainability Indices (DJSI) for three years in a row since 2015, and the only Taiwanese company selected for the engineering industry category. In addition to establishing sustainable supplier chain development strategies, CTCI has also counseled and assisted suppliers to enhance their international capabilities. CTCI has also enhanced their 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.
- 2018/02ECOVE Invited to Attend the EAEO Forum to Deliver a Speech on Experiences in Municipal Solid Waste Management in TaiwanLooking around the world, the treatment of municipal solid waste is one of the trickiest problems that the government must deal with. If the government does not manage it properly, it will cause public health and environmental issues.
ECOVE, an affiliate of CTCI, is a global engineering services provider that specializes in EfW, waste management, solar power and circular economy business. In the 1980s and 1990s, waste crisis in Taiwan occurred because of limited space to bury garbage and waste. Founded during Taiwan's waste crisis, ECOVE quickly became a leader in EfW, waste management and resource recovery. Not satisfied with merely recovering energy from disposed resources, ECOVE kept improving its operations to recover as much energy as possible. ECOVE's successful experience in the treatment of garbage and wastes was appreciated by the European-Arab Environment Organization (EAEO) and has been invited to the Egyptian Environment Forum to deliver a speech.
EAEO, founded at Switzerland in 2006, is a non-governmental organization that keeps promoting the concept of sustainable development in Europe and Arab countries. It held “the First Arab Economic Forum for Eco-tourism and Protected Areas in Egypt”, which advocated the concept of eco-tourism and conservation of natural resources, has attracted numerous scholars, experts, enterprises and institutions from Saudi Arabia, Egypt, and Jordan.
On behalf of company, Richard Huang, ECOVE sales manager, made a speech on "experience in treatment of municipal solid waste in Taiwan" and introduced the company's successful projects and techniques in the field of circular economy. Huang's speech drew a lively discussion, during which he interacted with participants who recognized that Taiwan's experience in treatment of municipal solid waste could be apply in other developing countries.
As a leader in Taiwan's resource recycling industry, ECOVE, committed to actively participating in national/regional agendas and policies, is willing to share with peers and other countries in the world the successful experience in municipal solid waste management.
- 2018/02CTCI Group Donated NT$2 Million to Extend a Helping Hand to Hualien Earthquake VictimsA magnitude 6.0 earthquake struck City of Hualien late February 6, 2018, claiming lives and damaging buildings in and around Hualien. Expressing its grief towards this calamity, CTCI Group takes the initiative to express concern by donating NT$2 million to the relief account of local government authority, to extend a helping hand and help the victims get through the tough times and rebuild their homes soon.
- 2018/01CTCI Education Foundation Launches "2018 Taiwan in My Eyes - 120h"--
Sustainable Development through the Eyes of Students from 22 CountriesThe first session of "2018 Taiwan in My Eyes - 120h" is a joint effort from CTCI EF and TAISE. The opening ceremony was held at CTCI headquarters on January 22, where Group Chairmen John T. Yu and CTCI EF Chairman Eugene Chien presented team flags to 12 university delegations from the island. 22 nationalities were represented, including 12 ROC nationals and 36 foreign students. Through their vision, inspiration and creativity, they shared Taiwan's experience in sustainable development on social media in 120 hours using different languages. A diverse, beautiful and insightful Taiwan is presented to the rest of the world.
17 UN sustainable development goals have been incorporated into "Taiwan in My Eyes - 120h". In addition, five major sites have been identified based on five themes (construction engineering, communications commission development, sustainable air navigation and weather services, environmental education, technological innovation and transformation). The sites include CTCI, FarEasTone, Eva Air, CTCI ECOVE Miaoli Incinerator Plant, Tainan Science Park Bureau, among others. The first stop is CTCI headquarters. where chairman John T. Yu highlights CTCI's rise from a domestic company to Global Top 100 after 40 years of hard work. It is also the only Taiwanese engineering company to be included in the DJSI three years running. Besides leading efforts in sustainable engineering domestically and internationally, CTCI has been actively engaged in the resource cycling industry. To fulfill corporate social responsibility, CTCI EF was also created in 2016 with the aim of cultivating young talents, improving education and creating lifelong learning environments. This is the perfect example of CTCI's desire to increase social influence and improve national competitiveness.
"Taiwan in My Eyes - 120h" is an international educational program launched by CTCI EF in the previous year. Through explorations, observations and field trips in Taiwan, foreign students will gain a better understanding of sustainable development and education on the island.
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