Formosa Plastics Group's 'Four Treasures' April Shipments Down, Prices Up; Combined Revenue NT$139.6 Billion, Up 26% YoY
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Formosa Plastics Group's 'Four Treasures' (Formosa Plastics, Nan Ya Plastics, Formosa Chemicals & Fibre, Formosa Petrochemical) announced their April results, with combined revenue reaching NT$139.63 billion, a 26.2% increase year-on-year. The US-Iran conflict disrupted global petrochemical supply chains, leading to a 'volume down, price up' situation for all products. Nan Ya Plastics saw a 45-month high in revenue driven by strong electronic materials and EG businesses.