According to legend, Irish monks travelling to Mediterranean countries encountered the fundamentals of distilling and introduced the technique on their return.The Irish and Scots have both staked claim to whisky’s origins, but certainly the Scots were the first to produce it in large volumes from the 19th century onwards.Distillation techniques have been taken up around the world, famously in the US and Japan. But now Taiwan is making its mark on the industry.
Craft producers often build a story of their uniqueness or natural origins, whereas larger producers often build on family or other names .The fundamental process of making whisky has not changed for centuries and poses a problem for all producers – the time it takes to mature. For example, both Irish and Scotch whiskies must be aged for at least three years, and many are aged for much longer.
For craft producers and newcomers to the market, this is a serious problem, as adequate financing is needed to keep the business afloat while the whisky matures.The total cost of setting up a craft distillery is in the order of US$3 million to US$5 million and it may take ten years to turn a profit, waiting on that maturing whisky to turn into actual sales and cover costs.
Most of the barrels at Kavalan are made of American oak, as it imparts a more"delicate" flavour to Kavalan’s whisky. But the faster ageing means the whisky is turned into cash faster, and less cash is tied up in inventory.For the country’s two big producers – Kavalan and Taiwan Tobacco & Liquor Corporation – the necessary investment has been readily available. Kavalan Whiskey is part of the unlisted King Car Group, a food and logistics business with an estimated annual turnover of US$500 million to US$1 billion.
Thus TTL already had some distillery operations, with its Nantou distillery converted from producing other spirits to produce its Omar single malt.
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