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| Our
company, "Formosa Mercantile Corp."
was founded by Mr. Jesse Chiang and Mr. Emil
Wang. It operated as an Importer/Exporter/Distributor
of Animal/Vegetable Fats/ Oils and Feed Grains.
We also had a branch office in Miao Li, which
specialized in Citronella Oil for exportation.
Our company had a market share of 80% for
the exportation of this particular oil in
Taiwan. |
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| Our
company had a joint venture with "Pacific
Vegetable Oil Corporation," USA. It later
sold its share to "Jacob Stern and Sons
Inc.," USA, who perpetuated a joint venture
with us to establish the firm "Formosa
Bulk Terminal Co., Ltd.", and to set
up two shore tanks at Wharf 15 in Keelung;
each of the tanks had a capacity of 500 MT,
and was employed exclusively for the storage
and receiving of Animal/Vegetable Fats/Oils
in bulk. This was the first shore terminal
for this purpose in Taiwan. "Formosa
Bulk Terminal Co., Ltd." had a 20-year
lease with the Government for using the aforementioned
wharf in Keelung. At the expiration of the
contract in 1981, the terminal was reverted
to the Government and the company's name was
modified to "FMC International Corp." |
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Mr.
Emil Wang was appointed as Managing Director of
this company. |
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| By
the end of 1976, the expansion of the Taichung
Harbor had been completed and our company
engaged in a joint venture with "Namchow
Chemical Industrial Co., Ltd.," whereupon
we formed the company "Lyon Terminal
Co., Ltd." to build 18 shore terminal
tanks with a total capacity of 8,500 MT between
Wharves 3 & 4 at the Taichung Harbor.
It was set up for the purpose of not only
facilitating the importation of Animal/Vegetable
Fats/Oils, but also the importation and exportation
of chemical products. "Lyon Terminal
Co., Ltd." had a 10-year lease with the
Government for these tanks until 1985, whereupon
the lease expired and the terminal reverted
back to the Government. |
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Mr.
Slim Chou was appointed as Managing Director of
"FMC International Corp." |
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In
November, "FMC International Corp." moved to 11F., No866-1, ZhongZheng Rd., Zonghe City, Taipei County 23586, Taiwan R.O.C. |
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As of May, 2019, what was originally Agricom and FMC, became simply Agricom; in other words, FMC was aquired by Agricom. |
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