Formosa Plastics Corp

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Formosa Plastics Corp (1301) Price Performance

Formosa Plastics Corp (1301) trades on TW in TWD. The company is classified in the Basic Materials sector under the Specialty Chemicals industry. The stock currently trades at TWD51.80, down 3.00% from the previous close.

Over the past year, 1301 has traded between a low of TWD33.20 and a high of TWD54.50. The stock has gained 45.3% over this period. It is currently 56.0% above its 52-week low.

Formosa Plastics Corp has a market capitalization of $346.93B and a dividend yield of 0.96%.

About Formosa Plastics Corp

Formosa Plastics Corporation engages in the manufacture and sale of plastic raw materials, chemical fibers, and related petrochemical industrial products in Taiwan, China, and internationally. It operates through Plastic, Polyolefin, Polypropylene, Tairylan, Chemical, and Other segments. The company offers plastic raw materials, such as polyvinyl chloride, high-density polyethylene, linear low-density polyethylene, ethylene vinyl acetate copolymer, polyethylene wax, polypropylene, polyacetal, and composite granules; and carbon fiber products. It also provides chemical products, including liquid alkali, solid alkali, liquid and vinyl chlorine, dichloroethane, acrylonitrile, acetonitrile, methyl methacrylate, methacrylic acid, methyl tertiary butyl ether, acrylate, superabsorbent resin, and n-butanol products; and antibacterial superabsorbent resin. In addition, the company offers other materials comprising PEEK carbon fiber composites, processing aids, impact-resistant modifier, Haibo, chlorinated solvents purifying hydrogen, lithium-ion battery electrolyte, lime, calcium carbonate powder, and hydrochloric acid; and programmable automation consisting of process computer DCS system, warehouse logistics control system, RTPMS real-time production management system, safety control system, and LIMS laboratory information management systems. Its products are applied in daily necessities, outdoor sports, mechanical engineering, building materials and coatings, 3C home appliances, civil engineering agriculture and animal husbandry, and other applications. The company was incorporated in 1954 and is based in Kaohsiung, Taiwan.