2015CPC Corporation, Taiwan - page 25

at more than 600 directly-operated filling stations and stores. "Mirage" lubricants are marketed through garages and
motorcycle repair shops.
CPC's main strategies for overseas markets include long-term cultivation of its brands and distribution channels,
development of multilateral trade and overseas agents, horizontal alliances and development of localized products.
CPC has thus far established sales locations in China, the Philippines, Indonesia, Vietnam, Myanmar, India, and
The Gambia and is continuing its expansion. In the future, we will rely on multilateral trade and overseas agents to
develop international lubricants sales and we plan to increase our overseas sales locations as we push forward with
our investment project in Vietnam.
Solvents and chemicals: Developing biotech products and expanding
export channels
In Taiwan's domestic market for solvents and chemicals, CPC holds 70%-80% in solvents, 25%-35% in toluene, 35%-45%
in xylene, 60%-70% in methanol, roughly 60%-65% in asphalt and around 55% in sulfur.
CPC's Solvents & Chemicals Business Division aims to achieve its operating objectives by vigorous action to provide
efficient customer service, expand exports to promising markets such as Vietnam and China, enhance product quality
and image, improve processes, cut costs and innovate with both products and services. In addition, the Division is
making an extensive effort to market CPC's biotech products. Its biotech R&D team is building on past successes
with microbial fermentation technology by adopting modern biotechnology processes and an innovative integrated
methodology, branching out into such areas as biotech raw materials, functional health and nutritional products and
green biotech, to develop reasonably-priced, high-quality products.
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