Sinon Corporation Spearheading progress in Taiwan's agricultural industry

Since the 'Taiwan Miracle' in the late twentieth century, Taiwan's rapid industrialisation and globalisation have continued to shape the island's upwards trajectory on the world stage

Taiwan ranked 5th in the world for its foreign exchange reserves in 2021, holding USD 548.4 billion, according to the Taiwan Stock Exchange (TWSE), and has positioned itself as a central hub for East Asia's extensive shipping and logistics network, attracting international investors through a well-established banking sector and world-leading regulatory system.

One of the top beneficiaries of Taiwan's O economic miracle has been its agricultural industry, characterised by high yields, fertiliser, and advanced technology. In 2021, Taiwan's Council of Agriculture (COA) highlighted biotech agriculture as one of three priority areas for its 'Smart Agriculture 4.0' project and its phalaenopsis industry as having a high growth potential within European markets and emerging markets such as Brazil. Still, according to the Food and Fertilizer Technology for the Asia and Pacific Region (FFTC-AP), not enough small-scaled farmers in Taiwan can deploy smart agricultural techniques or benefit from the COA's agenda.

Founded in 1955, Sinon Corporation is Asia's leading distributor of agrochemicals, fertilisers, seeds, and agricultural equipment and a household name in Taiwan through its Taiwan supermarket chain. Sinon has 4,000 employees and has partnered with the world's leading multinationals to bring high-quality products to farmers globally and in Taiwan.