FORMOSA CHEMICALS & FIBRE CORP.

Founded in 1965, Formosa Chemicals & Fibre Corporation, a subsidiary of Formosa Plastics Group, is one of the largest textile manufacturers in Taiwan. We at the Textile Division has the following businesses and capacity:Yarn: We have 80,000-spindle spinning frames at our Hsin Kang plant that produces 5,600 bales of rayon yarn, cotton yarn, blended yarn and acrylic yarn per month.Staple (short-fiber) fabric: We have 364 air- jet looms, 70 Sulzer looms and 57 water jet looms, which totally produce 3.2 million yards of rayon, E/R blended cloth, E/C blended cloth, cotton fabric, PU fabric, interwoven fabric and tarpaulin. Filament (long-fiber) fabric: The dyeing and finishing facilities at our Changhwa plant produce 1.6 million of dyed plain woven and crepe woven products per month.In the efforts to better our performance, we work on diversifying our products and adding special yarn to our product lines. Our sales people pay attention to the market trend closely and gather business intelligence diligently. We also hold regular R&D meetings to address problems in production and sales, speed up the R&D work to shorten the cycle of new product development, step up the marketing efforts, and actively look for new materials to develop new yarn products. In the enhancement of quality and technology, we work on improving the quality of yarn for interwoven fabric, knitting fabric, dyed cotton yarn and checkered fabric. We rebuilt the carding machine to give automatic feeder the functions of starting roller and density control.In the area of woven fabric, we focus on boosting the sales of dyed fabric and enhancing marketing management by actively participating in trade shows to gain greater exposure and market share in the area of brand customers. We also promote the sales of functional fabrics, including flame resistant fabric, antiseptic fabric and anti-UV fabric.

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