China Man-Made Fiber Corporation (TWSE: 1718)

About China Man-Made Fiber Corporation

Established in 1955 and based in Taipei City, Taiwan, China Man-Made Fiber Corporation primarily focuses on the production and distribution of various man-made fibers, cellophane, and a wide array of chemicals and their essential raw materials. While its main market is Taiwan, the company also actively exports its products internationally. The company's extensive product line includes fundamental chemicals such as mono-, di-, and triethylene glycols, ethylene oxide (EO), and nonyl-phenol. In the polyester segment, they manufacture chips, partially oriented yarns (POY), spin drawn yarns (SDY), and drawn textured yarns (DTY). Additionally, they develop and supply a broad range of specialized additives and compounds, including numerous polyethylene glycol (PEG) and alkyl ether derivatives, castor oil EO addenda, PEG propanamine, PEG and fatty acid esters, alongside other formulations like trimethylolpropane EO, polyol EO/PO compounds, spinning and lubricating oils, plastic slip agents, cosmetic and cleaning agent esters, and bath softeners. Beyond its core fiber and chemical manufacturing, the corporation boasts a remarkably diverse business portfolio. This encompasses the production of machinery, various industrial gases (such like oxygen, nitrogen, argon, carbon dioxide, and compressed air), cosmetics, cleaning appliances, and food items. They also generate and supply steam, as well as industrial and commercial electricity through cogeneration. The company's activities extend into the real estate sector, involving the leasing and sale of residential and commercial properties. In retail and distribution, it manages supermarkets, trades a variety of fresh and dried foods (including vegetables, fish, and seasonings), operates gas stations, and oversees beverage distribution and warehousing. Furthermore, China Man-Made Fiber Corporation is active in the hospitality industry, managing restaurants and offering short-term accommodation services. Its comprehensive financial services division provides a full spectrum of products, covering deposits, lending, foreign exchange, wealth management, corporate banking, electronic finance, trust services, investment products, insurance, and securities brokerage. Lastly, the company offers specialized agency, distribution, and contract bidding services for the installation of cogeneration and pollution control equipment.

ISIN

TW0001718005

Founded

1955

Listed since

Dec 1, 1963

Exchange

Taiwan Stock Exchange

Currency

TWD