Formosa Plastics Group's (FPG) four core companies : Formosa Plastics Corp., Nan Ya Plastics Corp., Formosa Chemicals and Fiber Corp., and Formosa Petrochemical Corp. have together generated a turnover of NT$1.35 trillion (US$41.49 bln) in 2007. This is the highest turnover recorded in the group's 50-year history, representing 29.69% growth as against last year. The major factors contributing to this growth are high utilization rate of Formosa Petrochemical's naphtha crackers and increasing prices of the groups’ end products in line with by rising global crude oil prices.
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Tuesday, January 08, 2008
Formosa Plastics Group's core companies generate record turnover in 50 year...
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