Kaohsiung Approves Salad Oil Resale; Taiwan Sugar Vows to Stop External Crude Oil Purchases

Taiwan Sugar Corporation's (TSC) salad oil has received approval from the Kaohsiung City Government's Health Bureau to be relisted for sale, following an inquiry into problematic oils. TSC affirmed that its soybean salad oil has passed 32 inspections and is safe for consumption.

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After review, it meets the requirements and is approved for resale.

The company stated it received official notification from the Health Bureau on the afternoon of August 12, confirming the product's compliance with regulations. TSC will prioritize fulfilling prior supply contracts, with its own retail stores and gas stations restocking the product later that day. Coordination with other retail channels for restocking is underway.

TSC reiterated that the crude oil purchased from Fwusow Industry Co. earlier this year was not part of the reported issues. The company noted that while domestic inspection standards for such products are not established, TSC applied its own higher standards through its procurement contracts. TSC emphasized its commitment to food safety and pledged to enhance its oversight in the future.

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The company's soybean salad oil has undergone 32 inspections and its quality is absolutely fine. We thank the Kaohsiung Health Bureau for completing the inspection and agreeing to relist Taiwan Sugar's product.

Looking ahead, TSC announced it will no longer purchase crude oil from external suppliers in the second half of the year. Instead, the company will import soybeans directly for processing at its own facilities, adhering to its established Standard Operating Procedures (SOP) to ensure product safety and consumer trust. TSC estimates a monthly production capacity of up to 1,000 metric tons of salad oil and aims to stabilize market supply and offer affordable prices, especially with upcoming holidays.

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In the second half of this year, we will no longer purchase crude oil from external sources. We will import soybeans to our own company's factory for oil production.