Tape Association Chairman: Li Zhi-Xian Takes the Helm
2012-04-10
Reported by Wang Peng-Jie, Central News Agency
Li Zhi-Xian, President of the leading tape manufacturer YC Group, was appointed as the 13th Chairman of the Taiwan Pressure Sensitive Adhesive Tape Industry Association on April 10. He urged more industry peers to join the association and work towards making Taiwan a "tape kingdom."
According to the Central News Agency, the Tape Association has been established for 36 years, with over 60% of manufacturers of trademarks, release liners, and self-adhesive protective films as members. Member companies have investment and manufacturing operations in locations including China, the United States, Singapore, Malaysia, Thailand, Vietnam, the Philippines, and India.
The association held a members' representative meeting and conducted the election of directors and supervisors, with Li Zhi-Xian being elected as the new chairman.
Li, originally from Xiluo, Yunlin County, Taiwan, was born in 1955 and is currently 57 years old. He holds an MBA from Wellington University in the United States and is the President of YC Group, as well as Chairman of YC, ACHEM, and Tianchi Technology.
YC Group's global revenue reaches NT$25 billion, with business interests spanning upstream and downstream tape production, specialty chemicals, real estate development, and cloud computing technology.
Li stated that the technology behind pressure-sensitive tape is profound and has endless applications, research, and market demand. Despite the Taiwanese tape industry's struggle to escape the "traditional industry" stereotype and gain attention from tech-savvy talent and government strategies, Li sees this as an area that can be improved.
He hopes the government will focus on this "technology-based traditional industry" by enhancing investment incentives and research rewards for environmental protection, energy saving, and advanced equipment. He noted that tape used in electronics manufacturing requires not only investment in precision coating machines but also high-grade clean rooms and related equipment.
The Tape Association will host the Global Tape Forum in Taiwan this November, which is a major event for the association this year.
Li acknowledged that while Taiwan's tape industry has been affected by global economic challenges, the Economic Cooperation Framework Agreement (ECFA) allows Taiwanese tape exports to China to benefit from tax exemptions. The supply of raw materials and domestic market in China can also be leveraged.
He pointed out that although Taiwan's labor costs are higher than in China, other industrial development factors still offer advantages. With a strong existing foundation, the tape industry in Taiwan is expected to seize new growth opportunities.
Li called on more industry peers to join the association to help Taiwan, already known as the "plastics kingdom," become a "tape kingdom" as well.
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