Formosa Chemicals & Fibre Corporation (TWSE: 1326)

About Formosa Chemicals & Fibre Corporation

Founded in 1965 and headquartered in Taipei, Taiwan, Formosa Chemicals & Fibre Corporation operates as a multifaceted industrial enterprise with a significant presence both domestically and in international markets. Its primary activities encompass the manufacturing and distribution of a diverse range of petrochemicals, including essential compounds like benzene, para-xylene, and styrene monomer, as well as a variety of plastic products such as polystyrene, ABS resin, and polycarbonate. The company is also a major producer in the textile sector, specializing in nylon fibers, rayon staple fibers, and an extensive selection of specialized yarns, from fireproof and mosaic to multi-blended and ring spun varieties. Beyond its core chemical and fiber businesses, Formosa Chemicals & Fibre maintains a broad portfolio of operations. These include comprehensive textile processing services like spinning, dyeing, printing, and finishing, alongside the production of synthetic fabrics, rugs, and carpets. The corporation is involved in investment activities, energy generation through cogeneration and power plants, and it holds interests in real estate development, rental, and sales. Environmental services, such as waste disposal and spent catalyst recycling, also form part of its scope. Furthermore, the company extends into high-tech manufacturing, covering the research, assembly, and testing of integrated circuits, production of synthetic rubber, industrial catalysts, and battery energy storage systems. Its diverse engagements also encompass the wholesale and retail of chemical and plastic raw materials, international trading, manufacturing and sales of cosmetics and ready-to-wear apparel, provision of employment services, and the planning, design, and installation of LED lighting systems.

ISIN

TW0001326007

Founded

1965

Listed since

Dec 20, 1984

Exchange

Taiwan Stock Exchange

Currency

TWD