Taiwan’s FPCC November revenue jumps 21%, petchem sales up 17%

04 December 2012 11:24  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corp (FPCC) reported on Tuesday a 21% year-on-year increase in November revenues at New Taiwan dollar (NT$) 83bn ($2.85bn), with petrochemical sales up by 17%.

The company generated NT$19.9bn in petrochemicals sales last month, accounting for 24% of the total revenues, data posted on FPCC’s website showed.

In January-November 2012, FPCC’s total revenue stood at NT$814.2bn, up by 11% compared with the same period last year.

FPCC is a major petrochemical producer in Taiwan. It operates three crackers in Mailiao with a combined ethylene capacity of 2.93m tonnes/year.

($1 = NT$29.1)

By: Pearl Bantillo
+65 6780 4359

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