- Business
- Taiwan Wax Company, Ltd. (1742.TWO) manufactures and sells refined wax products and related finished goods in Taiwan and internationally. The company produces refined paraffin wax with melting points at 120F, 135F, 140F, and 145F; refined semi-microcrystalline wax with melting points at 156F and 165F; refined microcrystalline wax with a melting point at 180F; soft waxes; hard waxes; Vaseline raw materials and products; formulated waxes; and chemical products used in wax manufacturing, which serve applications including candles, damp-proof coatings for cartons, crayons, rubber additives, electronics insulation, metal protective rust wax, stripping wax for castings, printing, transfer printing, explosives, dyes, and cosmetics. It also trades optoelectronic equipment and aquatic products while offering brokerage services. Taiwan Wax Company, Ltd., founded in 1987 and headquartered at No. 1, Zhongzheng Road, Minxiong Industrial District, Chiayi County, Taiwan, became an over-the-counter listed company in 2004 and maintains operations primarily in the domestic market with exports abroad. Recent initiatives include the establishment of a new optical power plant and development of new business projects as part of diversification into photoelectric power generation, alongside announcements of double performance achievements and institutional investor conferences in early 2020.