Fwusow Industry Co., Ltd. | APEA - Asia Pacific Enterprise Awards Asia Pacific Enterprise Awards

FAST ENTERPRISE CATEGORY

Fwusow Industry Co., Ltd.

Information about the Company
Fwusow Industry Co., Ltd. (Fwusow Industry) was established in 1920 and became a publicly traded company in 1990. The business started with a wooden built oil press to extract peanut oil. Over the past one hundred years, the scope of the business portfolio diversified to include cooking oil, grain products, pet food, animal feeds, agricultural materials, meat, eggs, and seafood.

Fwusow Industry enters the fourth industrial revolution by adopting artificial intelligence (AI) to develop smart factories and is hoping to cut costs through automation by boosting its manufacturing capabilities and offering safe and trustworthy products to consumers.

Moreover, Fwusow Industry’s mission is to provide safe and healthy food for all. It envisions expanding the scope of its circular agri-food economy model by providing eco-friendly products and a sustainable green business for many generations to come.

Corporate Culture & Company Activities
Fwusow Industry has four interconnected circular loops which allow the company to practice circular agri-food economy uniquely. The Livestock and Poultry circular loop uses soybean meal along with corn to manufacture animal feed. This, in turn, leads to contract growers using this feed to raise pigs and broilers. Another example is that the Organic Fertilizer circular loop uses spent mushroom compost and chicken manure collected (with microbes and ferment additives) to produce organic compost and fertilizer.

In the Cooking Oil circular loop, the Fwusow Industry purchases sesame and peanuts from the contract farmers to produce sesame oil and peanut oil to promote eco-friendly farming. Once the oil extraction is done, the oil meal is used in the manufacturing of animal feed, thus completing the loop.

The Pet Food circular loop began with a collaboration with Taiwan Agriculture and Food Agency. In 2013, Fwusow Industry started to purchase locally grown non-genetically modified corn for its pet food production. This is considered to be the company’s act of due diligence to reduce carbon emissions from the transportation perspective. Moreover, these corn growers also use the company’s organic fertilizer as part of this circular loop.

All in all, Fwusow Industry’s challenges lie with the promotion of organic fertilizer as farmers are cost-driven and want to see prompt results. Through various training workshops and seminars, these associated farmers are now more accepting of the use of organic fertilizer as the awareness of soil stability rises.
Achievements and Impact
In the 1990s, when the concept of circular economy was just introduced, Fwusow Industry started to manufacture organic fertilizer. To reinforce and implement the concept of “extending the useful life of resources”, the company turns its manure by-products into fertilizer and utilizes biological technology to develop microbial agents to increase soil stability and encourage biodiversity. In a way, reducing environmental contamination increases the value of agricultural products.

From an environmentally sustainable perspective, Fwusow Industry procures locally grown crops as raw material for production; it also reduces the greenhouse gas emissions generated from the transportation of imported crops.

Future Direction
Beginning a new phase of transformation in 2022, Fwusow Industry has a NTD 1 billion dollar project that spans over the next three years. It plans to remodel its older factory plants and upgrade the machinery with smart manufacturing in mind. Energy conservation, resource preservation, circular economy, and digital transformation are the key elements of this project to ensure a more sustainable, efficient, and holistic work process.

FAST ENTERPRISE CATEGORY

Fwusow Industry Co., Ltd.

Information about the Company
Fwusow Industry Co., Ltd. (Fwusow Industry) was established in 1920 and became a publicly traded company in 1990. The business started with a wooden built oil press to extract peanut oil. Over the past one hundred years, the scope of the business portfolio diversified to include cooking oil, grain products, pet food, animal feeds, agricultural materials, meat, eggs, and seafood.

Fwusow Industry enters the fourth industrial revolution by adopting artificial intelligence (AI) to develop smart factories and is hoping to cut costs through automation by boosting its manufacturing capabilities and offering safe and trustworthy products to consumers.

Moreover, Fwusow Industry’s mission is to provide safe and healthy food for all. It envisions expanding the scope of its circular agri-food economy model by providing eco-friendly products and a sustainable green business for many generations to come.

Corporate Culture & Company Activities
Fwusow Industry has four interconnected circular loops which allow the company to practice circular agri-food economy uniquely. The Livestock and Poultry circular loop uses soybean meal along with corn to manufacture animal feed. This, in turn, leads to contract growers using this feed to raise pigs and broilers. Another example is that the Organic Fertilizer circular loop uses spent mushroom compost and chicken manure collected (with microbes and ferment additives) to produce organic compost and fertilizer.

In the Cooking Oil circular loop, the Fwusow Industry purchases sesame and peanuts from the contract farmers to produce sesame oil and peanut oil to promote eco-friendly farming. Once the oil extraction is done, the oil meal is used in the manufacturing of animal feed, thus completing the loop.

The Pet Food circular loop began with a collaboration with Taiwan Agriculture and Food Agency. In 2013, Fwusow Industry started to purchase locally grown non-genetically modified corn for its pet food production. This is considered to be the company’s act of due diligence to reduce carbon emissions from the transportation perspective. Moreover, these corn growers also use the company’s organic fertilizer as part of this circular loop.

All in all, Fwusow Industry’s challenges lie with the promotion of organic fertilizer as farmers are cost-driven and want to see prompt results. Through various training workshops and seminars, these associated farmers are now more accepting of the use of organic fertilizer as the awareness of soil stability rises.
Achievements and Impact
In the 1990s, when the concept of circular economy was just introduced, Fwusow Industry started to manufacture organic fertilizer. To reinforce and implement the concept of “extending the useful life of resources”, the company turns its manure by-products into fertilizer and utilizes biological technology to develop microbial agents to increase soil stability and encourage biodiversity. In a way, reducing environmental contamination increases the value of agricultural products.

From an environmentally sustainable perspective, Fwusow Industry procures locally grown crops as raw material for production; it also reduces the greenhouse gas emissions generated from the transportation of imported crops.

Future Direction
Beginning a new phase of transformation in 2022, Fwusow Industry has a NTD 1 billion dollar project that spans over the next three years. It plans to remodel its older factory plants and upgrade the machinery with smart manufacturing in mind. Energy conservation, resource preservation, circular economy, and digital transformation are the key elements of this project to ensure a more sustainable, efficient, and holistic work process.