Growth in Asian Pacific markets like Taiwan is part of the company's strategic aspirations to expand direct market access for its member-owners and to meet growing customer demand, the announcement said.
"Taiwan is an important, strategic demand base for corn, wheat, soybeans and dried distillers grains," said Rick Browne, CHS senior vice president, Asia-Pacific region. "CHS has done business in Taiwan for many years, and there is a strong customer acceptance of our farmer-owned business model. This office will allow us to better serve more Taiwanese customers, which adds value for our member-owners' investments."
Bruce Huang will manage the Taipei office. He will be responsible for further building CHS market access, customer relationships and overall office management. Huang previously held positions with Cargill in Taiwan and China.
CHS also has international marketing offices in Argentina, Brazil, Paraguay, Canada, China, Hong Kong, Korea, Hungary, Jordan, Romania, Russia, Bulgaria, Serbia, Singapore, Spain, Switzerland and the Ukraine.
CHS supplies energy, crop nutrients, grain marketing services, livestock feed, food and food ingredients, along with business solutions such as insurance, financial and risk management services.