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...A version of this article was first published by Nikkei Asia on December 8 2021. ©2021 Nikkei Inc....
...“Singapore Inc is critical. We are only here because of Singapore. Without the connection to Singapore, we couldn’t have gotten money from South Korea.”...
...Executives from four of Formosa Plastics Groups’ listed companies — Formosa Plastics, Nan Ya Plastics, Formosa Petrochemical and Formosa Chemicals & Fibre — have all seen revenues decline recently as the...
...A version of this article was first published by the Nikkei Asian Review on February 5. ©2018 Nikkei Inc. All rights reserved....
...Website | Subscribe. ©2016 Nikkei Inc. All rights reserved....
...The weak gas prices created by the shale boom have given US-based petrochemical producers a huge cost advantage over their Asian and European rivals, such as Germany’s BASF and Taiwan’s Formosa Petrochemical...
...However, he adds, by the end of the decade it is likely that those projects and possibly others from Shell, Formosa Plastics of Taiwan and Aither Chemicals of the US will be on stream....
...Qualcomm said it was making a radio frequency amplifier for mobile phones based around silicon rather than IQE’s epitaxy wafers, currently found in most chips....
...In November, the largest investment yet by a Chinese company in a Taiwanese one was unveiled, when Sanan Optoelectronics announced plans to buy an $81m stake in Formosa Epitaxy, an LED maker, although the...
...Shao-Chung, president of Want Want Chinatimes Group; Jeffrey Koo Jr, whose family runs Chinatrust Financial Holding; Lee Shih-tsung, chairman of Lung Yen Life Service Corp; and William Wong, chairman of Formosa...
...In the same period, Ross helped direct research into “epitaxy” – growing the crystals used to make silicon semiconductor wafers....
...significant acquisitions – a 10 per cent stake in Solar Junction of the US, in a deal that gave the Welsh company a foothold in concentrated photovoltaic solar panels; and the takeover of RF Micro Devices, the epitaxy...
...From its humble beginnings as a tech start-up in the late 1980s, IQE is now the world’s biggest outsourcer of the compound epitaxy wafers by sales....
...Royal Dutch Shell, Dow Chemical, ExxonMobil and Formosa Plastics have also been making progress with plans for new crackers: Shell in Pennsylvania and Dow, Exxon and Formosa in Texas....
...On its own, the Taiwanese manufacturer of Dynamic Random Access Memory chips has lost money in 17 of the past 18 quarters, and has just tapped its parent, Formosa Plastics, for its third capital infusion...
...Stripping out the Formosa Group effect, Taiwan’s export prospects look much the same as South Korea’s....
...Besides slower exports for technology companies, Taiwan’s economy was also affected by the forced closure of Formosa Group’s massive refineries after a string of fires and industrial accidents had nearby...
...Formosa Petrochemical remained under pressure, in line with worries for the global economic outlook....
...Other chief executives including Wang Wen-Yun, chief executive of the Formosa Group, and Samuel Yin, chairman of the Ruentex group, have also spoken in favour of a second term for Mr Ma, the leader of the...
...They include South Korean companies such as Hyundai Heavy Industries and Kia Motors, Taiwanese ones such as Nan Ya Plastics and Formosa Chemicals & Fibre, and Australia’s Newcrest and Origin Energy....
...Taipei-listed Formosa International will put up a small amount of “seed money” for the fund, he said. Mr Pan said that in Europe and the US, he favoured acquiring existing hotels....
...In Taipei, Formosa Petrochemical declined 1.8 per cent to a two-month low of T$74.60 after a huge fire shut down its local refinery complex. The weighted index slipped 0.5 per cent to 7,748.01....
...Citi’s coupon rate for the Formosa bond is understood to be less than if it had been issued in the US, according to people familiar with the deal....
...The banking sub-index rose 2.2 per cent, with Chinatrust Financial rising 1.1 per cent to T$18.2, while Formosa Plastics – set to benefit from lower tariffs – climbed 2 per cent to T$67.50....
...Of the 10 children of Mr Wang, the founder and chairman of Formosa Plastics, Taiwan’s leading petrochemicals group, Ms Wang was not initially the likeliest to have a career in business....
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