Formosa Chemicals & Fibre Corp - Company Profile
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Formosa Chemicals & Fibre Corp (FCFC) manufactures petrochemical and plastic products. It manufactures and sells petrochemical products, rayon stable fiber, and nylon fiber. End-user markets, wide range of product offerings, and a focus on R&D are its major strengths, even as huge debt could be a cause for concern. Nevertheless, a positive outlook for propylene, global chemical market and global plastics market outlook could present adequate growth opportunities for the company. However, stringent regulations, intense competition, and raw material procurement risks could affect its operations.
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