MIRA
INFORM REPORT
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Report Date : |
05.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
NAN YA PLASTICS CORPORATION |
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Registered Office : |
35-1 Chung Shan 3rd Rd Chienchen Dist , Kaohsiung City 806 |
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Country : |
Taiwan |
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Financials (as on) : |
2007 |
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Date of Incorporation : |
22.08.1958 |
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Com. Reg. No.: |
75370905 |
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Legal Form : |
Public Listed Company |
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Line of Business : |
Import of raw materials. Production of plastics and other related
products incorporating some of the raw materials imported. |
RATING &
COMMENTS
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MIRA’s Rating : |
Aa |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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Maximum Credit Limit : |
USD 10,000,000 |
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Status : |
Excellent |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Name & address
NAN YA PLASTICS
CORP
35-1 CHUNG SHAN 3RD RD CHIENCHEN DIST
KAOHSIUNG CITY 806, TAIWAN
TEL: 886-7-3331101 FAX:
886-7-3308862
EXECUTIVE SUMMARY
INCORPORATION DATE :
AUGUST 22, 1958
REGISTRATION NO. :
75370905
LEGAL FORM :
PUBLIC LISTED COMPANY
CHIEF EXECUTIVE :
MR. CHIN-JEN WU (PRESIDENT)
STAFF STRENGTH :
12,657
CAPITAL :
US$ 2,694,391,667
BUSINESS LINE :
MANUFACTURER
TURNOVER :
NTD 228,699,995,000 (AS OF 2007)
EQUITIES :
NTD 288,508,056,000 (AS OF 2007)
PAYMENT :
EXCELLENT
RECOMM. CREDIT RANGE : UP TO
USD 10,000,000
MARKET CONDITION :
COMPETITIVE
FINANCIAL CONDITION :
STRONG
OPERATIONAL TREND : STEADY
GENERAL REPUTATION : WELL
KNOWN
EXCHANGE RATE :
TWD 30.46414 = US$1
Adopted
abbreviations
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
M - million
TWD –Taiwan New Dollars
*Company History*
===============
5 November, 1957 - Became
listed on Taiwan Stock Exchange.
1969 -
R&D Center founded as "Research Institute"
1972 -
Became listed on Taiwan Stock Exchange.
1979 - R&D Center renamed
as "Inspection Center"
1981 -
Established Engineering Division
1983 -
R&D Center renamed as "Department of Inspection"
1992 - Jointly established
FORMOSA PETROCHEMICAL CORP by FORMOSA PLASTIC CORP, NAN YA PLASTIC CORP and
FORMOSA CHEMICALS & FIBER CORP to plan, design, construct and operate a
sizeable portion of the huge expansion project of No. 6 Naphtha Cracking
Project.
1993 - R&D Center
reorganized and named "Research and Development Center of NAN YA PLASTICS
CO" for expanding and enhancing the function of research
November l993 - Decided to produce 64 megabyte DRAM
(dynamic random access memory). It was stated that talks had been held with the
world's top 10 semiconductor manufacturers on the acquisition of the necessary
technology.
May 1994 - Signed
16M DRAM technology transfer agreement with OKI.
1996 - Planned to invest USD34 million in setting up
plastic-tape factory in Jiangsu province, China.
February 1999 - New
Ethylene Glycol (EG) Plant was completed.
2002 - Completed the expansion
projects for bathroom doors and PVC granule in Nantong and Chongqing, and embarked
on the construction of BOPP film plants in Nantong and Huizhou.
May 2004 - Reported that it will allocate
USD305 million to USD460 million to build new plants in Taiwan, China and
Vietnam.
21 May, 2004 - Reported that it will invest USD200
million into USA company, BLUE PHOTONICS INC.
*Company Registration*
==================
License number : 75370905
Date issued : 22 August, 1958
Issuing authority : Ministry of Economic Affairs (MOEA)
Previous Registration Details
---------------------------------------
(1)
License number : 84897162
Date issued : 3 October
1994
Issuing authority : Ministry of Economic Affairs (MOEA)
Type of license : Mailiao Branch license
(2)
License number : 84709751
Date issued : 17 March
1994
Issuing authority : Ministry
of Economic Affairs (MOEA)
Type of license : Hsinkang Branch license
(3)
License number : 20754420
Date issued : 27 June
1966
Issuing authority : Ministry of Economic
Affairs (MOEA)
Type of license : Hsinkang Branch license
*Licenses & Permits*
================
(1)
License number : 9960121600
Date issued : 1
November 1969
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(2)
License number : 9960104200
Date issued : 2 May
1973
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(3)
License number : 9960102700
Date issued : 15 May
1978
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(4)
License number : 9962192501
Date issued : 15
January 1986
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory license
(5)
License number : 9966214600
Date issued : 19 April
1995
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(6)
License number : 9960103701
Date issued : 9
November 1987
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(7)
License number : 9962182300
Date issued : 1
December 1989
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(8)
License number : 9965471700
Date issued : 18
September 1989
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(9)
License number : 9965314700
Date issued : 12
February 1999
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(10)
License number : 9965439801
Date issued : 25 March
2003
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory license
(11)
License number : 6400000222
Date issued : 1 January
1969
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(12)
License number : 9960103701
Date issued : 9
November 1987
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(13)
License number : 9960104001
Date issued : 28
January 1972
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory license
(14)
License number : 9965471800
Date issued : 20 June
1980
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
(15)
License number : 9966140900
Date issued : 31
December 1990
Issuing authority : Industrial Development Bureau, MOEA
Type of license : Factory
license
*Capital Details*
=============
Initial authorized capital : NTD 4,000,000.00
Authorized capital increases as follows :
Date
Amount (NTD)
-------
----------------------
March 2000
48,054,312,650.00
August 2000
52,323,646,720.00, fully paid
August 2001
58,079,247,860.00
September 2002
62,144,795,210.00, fully paid
August 2003
65,873,482,920.00, fully paid
July 2004
69,825,891,900.00, fully paid
July 2005
74,015,445,410.00, fully paid
August 2006
76,235,908,770.00, fully paid
August 2007
81,235,908,770.00
Initial paid-up capital: N/A
Paid-up capital increases as follows:
Date
Amount (NTD)
-------
----------------------
March 2000
47,566,951,560.00
August 2001 58,076,247,860.00
(1)
Market Capitalization : NTD142,645.97 million
Year
: 1995
(2)
Market Capitalization : USD
6,932.9 million
Year
: 2000
*Office & Facilities*
================
Size : 39,471 sq. meters
(Approx)
Facilities : Modern
Location : Kaohsiung City
Type of building : Commercial and industrial building
Property status : Owned by NAN YA PLASTICS CORP
Comments : Serves as office, factory and
warehouse.
Previous Contact Details
---------------------------------
Address : Rm 602, 54
Minshen East Rd Section 4, Taipei, Taiwan, 105
Tel no. :2-27178233
Fax no. 2-27178537
E-mail address
:lcdsales@npc.com.tw, 29010@npc.com.tw
Note :
We were unable to find any reference of the supplied address on any
local. The above address as reflected on our report was confirmed to be its
current registered/operating address.
*Factories, Size & Locations*
======================
Maintains 38 factories around the island to produce its various products
which includes the following:
- PA plant
- 2-EH plant
- BPA plant
- AA plant
- SM plant
- ABS plant
- MA plant
- UP plant
Area:
NAN YA's land area :849,648
pings
building area 242,769 pings
Type of manufacturing :
Up-stream
Production Capacity : NTD
4,448,346,000 per month
More than 32 products
*Corporate & Organization Structure*
=============================
A large specialized company operated and managed by an experienced team
of professionals.
Organizational Chart
----------------------------
|----- Plastic 1st Division
|
|----- Plastic 2nd Division
|
|----- Plastic 3rd
Division
|
|----- Plastic 4th Division
Chairman
|
|
|----- Door & Windows Division
| |
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|----- Electronic Materials Division
|
|
President-----------------------------------------------------|-----
Polyester Fiber Division
| |
| |----- Dyeing &
Finishing Division
President's |
Office |----- Plasticizer Division
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|----- Switchgear Division
|
|----- Engineering Division
|
|-----
Environmental Engineering Center
|
|----- R & D
Center
R&D Center Organizational Chart
---------------------------------------------
|----- Department
of Administration
|
|----- Department of Instrument Analysis
|
|----- Department of Polymer
R&D CENTER |
NAN YA -------------------------------|-----
Department of Specialty Chemicals
PLASTICS CORP |
|----- Department of Composites
|
|----- Department of Opto-Electronics
|
|----- Department of
Inspection & Testing
*Industry Ranking*
================
Ranked as Top 1000 largest companies in Asia.
Detail as follows:
Year Rank
------- --------
2002 7
2003 8
2004 8
2005 9
2006 11
- World's largest
manufacturer of processed PVC products, and third world's largest polyester
fiber producer
- 1997's Taiwan's
second largest manufacturer of printed circuit boards with sales of NTD 7.2
billion
- Considered as one of the biggest plastic and fiber manufacturer in
Taiwan.
- Generally regarded as one of the Top 1000 Companies in manufacturing
industry of Taiwan.
*Auditors*
=========
- KPMG
*Accountants*
============
- KPMG Taiwan
*Registrar*
=========
- NAN YA PLASTICS
www.npc.com.tw
The design is professional and the content is well organized. At present it is in
both Chinese and English versions.
E-mail: nanya@npc.com.tw
For the past two years there is no record of litigation.
*Major Shareholders*
===============
Total number of shareholders: N/A
Total number of shares: N/A
Shareholders Country Number
Amount %
Mr. Cheng-hsiung Chiu Taiwan n/a n/a n/a
Mr. Hsin-yi Lin Taiwan
n/a
n/a n/a
Mr. Yung-san Lee Taiwan
n/a
n/a n/a
Ms. Kuei-yun Wang Taiwan n/a n/a n/a
FORMOSA PLASTICS CORP Taiwan 752,833,671.00
n/a n/a
FORMOSA CHEMICALS & FIBRE CORP
Taiwan 397,324,920.00
n/a n/a
FORMOSA PETROCHEMICAL CORP Taiwan 172,280,867.00 n/a n/a
FU LIN DEVELOPMENT CO LTD Taiwan 1,680,120.00
n/a n/a
MERLE CO LTD Taiwan
1,215,173.00 n/a n/a
Mr. Chen-ling Lin Taiwan
1,017,088.00 n/a n/a
Mr. Wen-yuan Wang Taiwan 604,467.00
n/a n/a
Ms. Chen-ching Fu Taiwan 260,895.00 n/a
n/a
Mr. Ming-jen Chou Taiwan
181,432.00 n/a n/a
Mr. Chia-chao Wu Taiwan
75,969.00 n/a n/a
Mr. Chin-jen Wu Taiwan
64,802.00 n/a n/a
Mr. Pen-yuan Chang Taiwan 41,534.00
n/a n/a
Mr. Chao-lin Yang Taiwan
24,477.00 n/a n/a
Management: Mr. Ming-chung Yeh,
Manager
Mr. Mao-lin Tsai, Manager
Mr. Chiu-hwa Wu, Accountant
Name Nationality
Job Description Dept. / Division
Mr. Ming-chung Yeh Taiwanese
Manager Account
Mr. Mao-lin Tsai Taiwanese
Manager Finance
Mr. Chiu-hwa Wu Taiwanese
Accountant -
Mr. Tzu-hui Lee Taiwanese
Accountant -
Mr. Tai-hsiung Lin Taiwanese
Assist. General Manager -
Mr. Cheng-hsiung Tseng Taiwanese
Assist. Manager -
Mr. Feng-chin Lin Taiwanese
Assist. Manager -
Mr. Jih-chun Chien Taiwanese
Assist. Manager -
Mr. Ming-jen Chou Taiwanese
Assist. Manager -
Ms. Yuan-shan Liu Taiwanese
Assist. Manager -
Mr. Chia-chao Wu Taiwanese
General Manager -
Mr. Hsin-fa Chang Taiwanese
Manager -
Mr. Mao-yang Lin Taiwanese
Manager -
Mr. Sung-yueh Hsieh Taiwanese
Manager -
Mr. Wen-yi Tseng Taiwanese
Manager -
Ms. Kuei-yun Wang Taiwanese Manager -
Mr. Chin-jen Wu Taiwanese President -
Mr. Yung-ching Wang Taiwanese
President -
Mr. Chen-ling Lin Taiwanese Vice General Manager
-
*Main Products & Services*
======================
Specializing in two main areas of work:
1. Import of raw materials.
2. Production of plastics and other related products incorporating some
of the raw materials imported.
3. Selling to both domestic and international markets of products
produced by the firm.
Products also include the following:
- Bisphenol A epoxy resins
- Brominated epoxy resins
- Composite epoxy material copper clad laminate
- DHP
- DINA
- Di-n-octyltin mercaptide
- DPDP
- EAc recovered
- Engineering plastic raw materials
- Gas insulated ultra-high precision control devices
- 2-ethylhexyl alcohol
- Novalac epoxy resins
- Reinforced nylon 46 resin
- Plasticizer 711P
- Plasticizer 810P
- Plasticizer 911P
- Polyester/nylon 6 microfiber
- Triisononyl trimellitate
Sales breakdown as per products :
----------------------------------------------
Product
Percentage
----------
------------------
Plastic products
36
Fiber products 30
Electronic products
20
Others
14
Products: 4-hyrodxyphenyl
ABS fittings
AC motors
Abs pipes
Acetic acid
salts
*Brand*
======
NAN YA
*Payment Terms*
==============
Sales
-------
Local : Cash
30-60 days credit
Export : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
Purchases
--------------
Local : Cash
30-60 days credit
Import : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
*Production Capacity*
==================
Item Current
Capacity (2007)
Current Capacity (2006)
-------
--------------------------------- ---------------------------------
Flexible PVS Sheeting 97,019 tons 101,296 tons
PVC rigid film and sheet 112,545 tons 129,960
tons
PVC pipes 109,285 tons 114,257
tons
Wrap film products 105,521 tons 98,218
tons
PU synthetic leather 10,589 yards 10,413
yards
Bispherol A 392,196
tons 347,467
tons
Butylene glycol 57,683 tons 38,954
tons
TDL
32,867 tons 29,740 tons
Plastic doors and windows 17,174 tons 17,839
tons
Copper clad Laminute 35,077 pieces 33,211 pieces
Epoxy resin 208,132
tons 203,654
tons
Glass fiber cloth 272,510 yards 271,408 yards
Copper foil 30,706
tons 29,097
tons
Polyester fiber 537,707 tons 549,275
tons
Polyester film 57,010
tons 48,014 tons
Ethylene glycol 1,250,323 tons 761,911
tons
DOP
393,223 tons 332,885 tons
Phthalic Anhydride 217,957 tons 189,168
tons
*Long & Short Term Investments*
===========================
Type of investment: Sixth Naptha Project
Investment amount: NTD 27,760,000,000
*Detailed Product Specifications*
==========================
- Plastic products (60% of
products): plastic leather goods, flexible PVC sheeting, rigid PVC film, rigid PVC
pipes, Injected products, plasticizer, and extruded products, etc.
- Fiber products (28%):
polyester fibre, dyed and finished clothe processing, etc.
- Electronic products (4%):
printed wiring board and copper clad laminates and machinery processing.
- Others (8%)
*Quality Certification*
=================
Obtained the following certifications:
(1)
Type of certification: ISO 9002
Year of certification: 1995
Granted the ISO 9002 certificate to the following division:
- Shing Kang Rigid PVC Film Plant 1 2nd Division
- FRP Plant 4th Division
- Glass Fabric Plant 4th Division
- Linko 2nd Plant 4th Division
- Shulin 1st Plant 4th Division
- Shulin 2nd Plant 4th Division
- Shulin 3rdPlant 4th Division
- Shulin 4th Plant 4th Division
- Chyan-Jenn Plant
- Copper Foil Plant
- Engineering Division Chiayi Yi Engineering Department
- Engineering Division Machinery 1st Plant
- Linko Plant Engineering
Division
- Plastics Plant Engineering
Division
- FDF Division Plant No 1
- FDF Division Plant No 2
- FDF Division Plant No 3
- Jenwu (2nd/rd/4th) Plant
- Kaohsiung Plant
- Mingchi Plant
- PFG Plant
- Linyuan 1st Plant Plasticizer Division
- Chiayi 3rd Plant Plastics 1st Division
- Linko 1st Plant Plastics 1st Division
- Polyester Film Plant Polyester Fiber Division
- Stable Fiber 1st Plant Polyester Fiber Division
- Polyester Fibber Division Polyester Texture Plant
- Spinning & Texturing Plant 1
- Spinning & Texturing Plant 2
- Spinning & Texturing Plant 3
- Fibber Division Staple Fibre Plant 2
- Polyester Filament Yarn Plant
- Spinning Plant 4 Polyester Fiber Division
(2)
Type of certification : ISO
9002 (Chiayi Plant Engineering Division)
Year of certification : 1995
Certification item :
Machinery
(3)
Type of certification : ISO
9002 (Hsinkang Plant Plastics 4th Division)
Year of certification : 1995
Certification item :
Information , Chemical, Rubber and Plastic Products, Hardware Products and
Building Materials
(4)
Type of certification : ISO
9002 (Jenwu Plant Engineering Division)
Year of certification : 1995
Certification item :
Hardware Products and Building Materials
(5)
Type of certification : ISO
9002 (Jenwu Plant Plastics 1st Division)
Year of certification : 1995
Certification item : Rubber
and Plastic Products, Leather Products
(6)
Type of certification : ISO
9002 (Kung San Plant Polyester Fiber Division/Linko Plant Plastics 4th
Division)
Year of certification : 1995
Certification item :
Rubber and Plastic Products
(7)
Type of certification : ISO
9002 (Shulin Plant 4th Division)
Year of certification : 1995
Certification item :
Hardware products & Building Materials, Textile & Garments, Chemical
& Leather Products & Electric Engineering Equipment
(8)
Type of certification : ISO
9001 (Chiayi Plant Engineering Division)
Year of certification : 1995
Certification item :
Machinery
(9)
Type of certification : ISO
9001 (Jenwu Plant Engineering Division)
Year of certification : 1995
Certification item :
Machinery, Medical Equipment, Optical Instruments and Measuring Instruments
(10)
Type of certification : ISO
9001 (Hsinkang Plant Engineering Division)
Year of certification : 1995
Certification item :
Electric-Engineering Equipment
Granted the ISO 9001 certificate to the following division :
- Jenwu Machinery 2nd Engineering Division
- Switch Gear Plant Engineering Division
- Roll & Mould Plant
(11)
Type of certification : ISO 9002
(Hsinkang Plant Plastics 2nd Division/Chiayi Plant Plastics 1st Division,
Kaohsiung Plant Plastic 1st Division/Mingchi Plant Plastic 1st Division, Jenwu
Plant Plastics 2nd Division
Year of certification : 1994
Certification item :
Rubber and Plastic Products
(12)
Type of certification : ISO
9002 (Hsinkang Plant Window and door Frame Division)
Year of certification : 1994
Certification item :
Hardware Products and Building Materials
(13)
Type of certification : ISO
9002 (Jinghsing Plant PCB Division)
Year of certification : 1994
Certification item :
Information Products
(14)
Type of certification : ISO
9002 (Jenwu Plant Plastics 3rd Division)
Year of certification : 1993
Certification item :
Chemical Products
(15)
Type of certification : N/A
Issuing authority :
UNDERWRITERS LABORATORIES INC (UL)
Date of certification : April
2001
Certification item :
Resin coated copper foil
(16)
Type of certification : ISO
14001
Details :
Certification for all factories
*Exhibition Participation*
===================
Participated in the following local exhibitions:
(1)
Exhibition fair : TAIPEI INT'L ELECTRONICS
SPRING SHOW
Date attended : 25-29 March,
1999
Location : Taipei World
Trade Center - Exhibition Hall
(2)
Exhibition fair : Taipei
International Electronics Show
Date attended : 25-28 October,
1999
Location : Taipei
World Trade Center - Exhibition Hall
(3)
Exhibition fair : Taipei
International Plastic & Rubber Industry Show
Date attended : 30 September - 4 October, 1999
Location : Taipei World
Trade Center - Exhibition Hall
(4)
Exhibition fair : Taipei
International Optoelectronics Show (TaipeiOpto 2003)
Date attended : 18 - 22 April,
2003
Location : Taipei World
Trade Center - Exhibition Hall
*Associations*
============
Member of the following associations:
- Taiwan Electrical & Electronic Manufacturers' Association (TEEMA)
- Taiwan Regional Association of Synthetic Leather
- Taiwan Association of Machinery Industry
- Taiwan Die & Mold Industry Association
*Projects*
========
Commencement date : October 1998
Type of project : Naptha Cracker Project
Project partner :
FORMOSA PLASTIC Group
*Competitors*
===========
The following locally based firms supply similar range of services :
- CHUN YU PLASTIC ENTERPRISE CO LTD
- KAISERS INT'L CORP
- SINCERE WORLD CO LTD
- VEDDER INDUSTRIAL CO LTD
- PAO YAN TSAE YIH CO LTD
- FAR EASTERN TEXTILE LTD
- SHINKONG SYNTHETIC FIBERS CORP
- USI CORP
- FORMOSA PLASTICS CORP
- CHINA GENERAL PLASTICS CORP
- TAIWAN STYRENE MONOMER CORP
- JVAN AN INT'L CO
- LEE CHANG YUNG CHEMICAL INDUSTRY CORP
- DAIGIN CHEMICAL CO LTD
- GLOBE INDUSTRIES CORP
- ACHEM TECHNOLOGY CORP
- UNION MATERIAL TECHNOLOGY CORP
- TAIWAN HOPAX CHEMICALS MFG CO LTD
- DIAMOND HOSIERY & THREAD CO LTD
- UNITED INDUSTRIAL GASES CO LTD
*Domestic Raw Materials Suppliers*
============================
Major local suppliers include :
(1)
Supplier's name : FORMOSA
PLASTICS CORP
Monthly purchase : NTD40,000
Material/components Quantity
supplied
-----------------------------
-------------------------
Plastic Powder
384,315
Chemical raw materials
49,388
Filler 49,665
Epichlorohydrin
47,537
Plastic Modifier
22,393
(2)
Supplier's name : LIDYE
CHEMICAL CO LTD
Material/components : PU
leather
Quantity supplied : Approximately equal 2 to 4 tons
Monthly purchase : NTD200,000
(3)
Supplier's name : YE I
MACHINERY FACTORY CO LTD
Material/components : Plastic
machinery
(4)
Supplier's name : LOGAN
CORP
Material/components : Paper
Products
(5)
Supplier's name : LEE
YEUN INDUSTRIAL CO LTD
Material/components : U-Flexo
Single-color press machine
*Domestic Customers*
==================
Major local customers include :
(1)
Customer's/Client's name : CHUN MEI PETROLEUM CO LTD
Product/Buying :
Plastic products worth NTD 118,922
(2)
Customer's/Client's name : FORMOSA PLASTIC CO LTD
Product/Buying :
Plastic products worth NTD 9,477,750,000
(3)
Customer's/Client's name : LEI YUEH ENTERPRISE CO LTD
Product/Buying :
PVC plastics
(4)
Customer's/Client's name : ORIENT FIRST INDUSTRY CO LTD
Product/Buying : Copper clad laminates
Annual sales
: NTD 40,000,000
(5)
Customer's/Client's name :
KINGMORES ENTERPRISE CO LTD
Product/Buying
: Dyeing fabrics
Annual Sales
: NTD4 million
(6)
Customer's/Client's name : RAINPORT PLASTIC CO LTD
Product/Buying :
PVC Cloth
(7)
Customer's/Client's name : KUOHOMLI INDUSTRIAL LTD
Product/Buying :
Plastic & PVC resin
(8)
Customer's/Client's name : YA HSIN INDUSTRIAL CO LTD
Product/Buying :
PC board laminates
(9)
Customer's/Client's name : ETERNAL CHEMICAL CO LTD
Product/Buying :
Purified anhydride, epoxy
(10)
Customer's/Client's name : FORMOSA CHEMICALS & FIBRE CORP
Product/Buying :
Plastic products worth NTD 16,679,466,000
(11)
Customer's/Client's name : FORMOSA PETROCHEMICAL CORP
Product/Buying :
PVC plastics worth NTD 7,815,210,000
*Domestic Agents & Distributors*
===========================
- LIANG-WOEI FIBRE CO LTD
- J CYPRESS CO LTD
*Local Distribution Network*
=======================
An estimated 25% of the annual turnover is attributed to local sales
through downstream manufacturers.
*Export Markets*
==============
An estimated 75% of the annual turnover is attributed to overseas
market.
At the time of performing this report, the 2007 export figures had not
yet been released by the Ministry of Economic Affairs which monitors exports
and imports.
Country % of Exports
-----------
----------------
USA 80
Others 20
Export Market Percentage:
Product: POLYESTER FIBRES
Region % of
Exports
-----------
-----------------
Asia
69.00
Others
20.00
Europe 8.00
Australia
3.00
*International Trade Ranking*
========================
The firm has been ranked among Taiwan's Top Importer/Exporter based on
the standard measured by the Board of Foreign Trade (BOFT)
Details of rank are as follows :
Year Rank
----- --------
2001 12
2002 16
2003 11
2004 12
2005 12
2006 14
*LOCAL BRANCHES & MANAGEMENT*
=================================
Branch : NAN YA PLASTICS CORP - KAOHSIUNG HSIEN
Branch Address : 101 Shuei Kuan Rd Jenwu Hsiang, Kaohsiung Hsien 814
Branch Tel : [+886] 7-3711411
Branch Fax : [+886] 7-3712149
Branch : NAN YA PLASTICS CORP - SHULIN CHEN
Branch Address : 55 Wie Wang St Shulin City, Taipei Hsien 238
Branch Tel : [+886] 2-26806311
Branch Fax : [+886] 2-26684725
Branch : NAN YA PLASTICS CORP - LINYUAN HSIANG
Branch Address : Lin Yuan Industrial Park 1-1 Ind 2nd Rd Linyuan Hsiang,
Kaohsiung Hsien 832
Branch Tel : [+886] 7-6414416
Branch : NAN YA PLASTICS CORP - TAIPAO CITY
Branch Address : 201 Pai Kang Rd Section 2 Nan Hsin Village Taipao City,
Chiayi Hsien 612
Branch Tel : [+886] 5-2373711
Branch Fax : [+886] 5-2377846
Branch : NAN YA PLASTICS CORP - TAIPEI HSIEN
Branch Address : 100 Nan Nin Rd Ta Ko Village Linkou Hsiang, Taipei
Hsien 244
Branch Tel : [+886] 2-29019141
Branch Fax : [+886] 2-29071647
Branch Email : 2d020@npc.com.tw
Branch Management
Name Job Description Nationality
Mr. Yun-chin Wang Manager Taiwanese
Branch : NAN YA PLASTICS CORP - HSINKANG HSIANG
Branch Address : 2 Chung Yang Industrial Park Hsinkang Hsiang, Chiayi
Hsien 616
Branch Tel : [+886] 5-3772111
Branch Fax : [+886] 5-3772050
Branch : NAN YA PLASTICS CORP - MAILIAO HSIANG
Branch Address : Formosa Industrial Park 1, 31-200 Hsu Tso Mailiao
Hsiang, Yunlin Hsien 638
Branch Tel : [+886] 5-6913385
Branch Fax : [+886] 5-6818237
Branch : NAN YA PLASTICS CORP - LUCHU HSIANG
Branch Address : 336 Nan Kan Rd Section 1 Luchu Hsiang, Taoyuan Hsien
338
Branch Tel : [+886] 3-3221279
Branch : NAN YA PLASTICS CORP - KUEISHAN HSIANG
Branch Address : 6 Wen Ming Rd Kueishan Hsiang, Taoyuan Hsien 333
Branch Tel : [+886] 3-3718331
Branch : NAN YA PLASTICS CORP - SHULIN CITY
Branch Address : 57 Wei Wang St Shulin City, Taipei Hsien 238
Branch Tel : [+886] 2-26806311
Branch Fax : [+886] 2-26684725
Branch : NAN YA PLASTICS CORP - CHIAYI HSIEN
Branch Address : 20 Hou Tso Hsinkang Hsiang, Chiayi Hsien 616
Branch Tel : [+886] 5-3772111
Branch Fax : [+886] 5-3772050
Branch : NAN YA PLASTICS CORP - TAIPEI CITY
Branch Address : 13Fl Formosa Plastics Bldg - Annex 201 Tun Hua North Rd
Sungshan Dist, Taipei City, 105
Branch Tel : [+886] 2-27178305
Branch Fax : [+886] 2-27136421
*(Subsidiaries , Joint-ventures & Affiliates)
=====================================
Company Name : BLUE PHOTONICS INC
Address : 679 Brea Canyon Rd Walnut 91789 California USA
Country : USA
Relationship : Minor Investments
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Electronic Products & Components
Company Name : CHINA NANTONG HUAFENG CO LTD
Address : 12 Haobei Lu Chongchuan Dist Nantong 226001 China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Leather Goods, Tanned & Imitation
Company Name : FANS HANG ENTERPRISE CO LTD
Country : Taiwan
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Plastics & Products
Company Name : FIRST INT'L COMPUTER INC
Address : 1-9Fl, 300 Yang Kuang St Neihu Dist Taipei City 114 Taiwan
Country : Taiwan
Relationship : Affiliate
Legal Form : Public Company
Company Type : Manufacturer
Industry : Computer & Information Products
Company Name : FORMOSA AUTOMOBILE CORP
Address : 11Fl Formosa Plastics Bldg 201 Tun Hua North Rd Sungshan Dist
Taipei City 105 Taiwan
Country : Taiwan
Relationship : Joint-Venture
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Motor Vehicles, Parts & Accessories
Company Name : FORMOSA CHEMICALS & FIBRE CORP
Address : Formosa Plastics Bldg 201 Tun Hua North Rd Sungshan Dist
Taipei City 105 Taiwan
Country : Taiwan
Relationship : Affiliate
Legal Form : Public Listed Company
Company Type : Manufacturer
Industry : Chemicals
Company Name : FORMOSA HEAVY INDUSTRIES CORP
Address : 4Fl Formosa Plastics Bldg 201-20 Tun Hua North Rd Sungshan
Dist Taipei City 105 Taiwan
Country : Taiwan
Relationship : Joint-Venture
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Machinery
Company Name : FORMOSA INVESTMENTS CO LTD
Country : Taiwan
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Service
Industry : Financial
Services - General
Company Name : FORMOSA PETROCHEMICAL CORP
Address :Rm 99, 4Fl Formosa Plastics Bldg 201 Tun Hua North Rd Sungshan
Dist Taipei City 105 Taiwan
Country : Taiwan
Relationship : Affiliate
Legal Form : Public Listed Company
Company Type : Manufacturer
Industry : Petrochemicals
Company Name : FORMOSA PLASTICS CORP
Address : Rm 201 Formosa Plastics Bldg 201 Tun Hua North Rd Sungshan
Dist Taipei City 105 Taiwan
Country : Taiwan
Relationship : Affiliate
Legal Form : Public Listed Company
Company Type : Manufacturer
Industry : Plastics & Products
Company Name : HUA YA (XIAMEN) PLASTICS CO LTD
Address : Xinyang Industrial Zone Xiamen Hai Cang Xiamen 361022 Fujian
China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Plastics & Products
Company Name : INDONESIA NANYA INDAH PLASTIC CORP PT
Address : Jalan Hanomon Dalam No 1 Krapyak Semarang Central Java
Indonesia
Country : Indonesia
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Plastics & Products
Company Name : MAI-LIAO POWER CORP
Address : 42 Beau Fu Rd Mailiao Hsiang 638 Yunlin Hsien Taiwan
Country : Taiwan
Relationship : Minor Investments
Legal Form : Public Company
Company Type : Importer
Industry : Electrical Equipment & Appliances
Company Name : MAILIAO HARBOR ADMINISTRATION CORP
Address : 4Fl Formosa Plastics Bldg - Annex 201 Tun Hua North Rd
Sungshan Dist Taipei City 105 Taiwan
Country : Taiwan
Relationship : Minor Investments
Legal Form : Private company with limited liability
Company Type : Service
Industry : Professional Services
Company Name : NAN CHUNG PETROCHEMICAL CORP
Address : Formosa Plastics Bldg 201 Tun Hua North Rd Taiwan
Country : Taiwan
Relationship : Subsidiary
Legal Form : Public Company
Company Type : Trader
Industry : Petrochemicals
Company Name : NAN YA CO-GENERATION PLANT (KUNSHAN) CO LTD
Address : Kunshan Economic & Technological Development Zone 201
Changjiang Rd South Kunshan 215300 Jiangsu China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Service
Industry : Energy, Power & Utilities
Company Name : NAN YA ELECTRIC (NANTONG) CO LTD
Address : Chongchuan Economic Development Zone 101 Outer Ring Rd East
Nantong 226008 Jiangsu China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : NAN YA ELECTRONIC MATERIALS (KUNSHAN) CO LTD
Address : Kunshan Development Zone 201 Changjiang South Rd Kunshan
215300 Jiangsu China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Electronic Products & Components
Company Name : NAN YA EPOXY RESIN (KUNSHAN) CO LTD
Address : Kunshan Economic & Technological Development Zone 201
Changjiang Rd South Kunshan 215300 Jiangsu China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Plastics & Products
Company Name : NAN YA FOOD & INDUSTRIAL WRAP
Country : Philippines
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Packaging
Company Name : NAN YA PHOTONICS CORP
Address : 2Fl Formosa Plastics Bldg 201-27 Tun Hua North Rd Sungshan
Dist Taipei City 105 Taiwan
Country : Taiwan
Relationship : Joint-Venture
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Electronic Products & Components
Company Name : NAN YA PLASTICS (HONG KONG) CORP LTD
Address : 7Fl Citicorp Centre 18 Whitfield Rd Causeway Bay Hong Kong
Hong Kong
Country : Hong Kong
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Plastics & Products
Company Name : NAN YA PLASTICS (HUIZHOU) CO LTD
Address : Yongshi Blvd Shiwan Town Boluo County Huizhou 516127 Guangdong
China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Plastics & Products
Company Name : NAN YA PLASTICS (NAN TONG) CORP
Address : 101 Outer Ring East Rd, Chongchuan Economic Development Zone
(East Zone) Nantong 226008 Jiangsu China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Plastics & Products
Company Name : NAN YA PLASTICS CONSTRUCTION MATERIALS (GUANGZHOU) CO LTD
Address : Jiaoxin Village, Shijing Town Guangzhou 510430 Guangdong China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Plastics & Products
Company Name : NAN YA PLASTICS CONSTRUCTION MATERIALS (NANTONG) CO LTD
Address : Chongchuan Economic Development Zone 101 Outer Ring Rd Nantong
226008 Jiangsu China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Plastics & Products
Company Name : NAN YA PLASTICS CORP
Address : Jianxin Village, Shijng Town Baiyun Dist Guangzhou 510430
Guangdong China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Plastics & Products
Company Name : NAN YA PLASTICS CORP AMERICAN
Country : USA
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Plastics & Products
Company Name : NAN YA PLASTICS CORP USA
Address : 140 East Beulah Rd Lake City 29560 South Carolina USA
Country : USA
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Plastics & Products
Company Name : NAN YA PRINTED CIRCUIT BOARD CORP
Address : 3Fl, 201-36 Tun Hua North Rd Sungshan Dist Taipei City 105
Taiwan
Country : Taiwan
Relationship : Subsidiary
Legal Form : State-owned Enterprise
Company Type : Manufacturer
Industry : Electronic Products & Components
Company Name : NAN YA RIGID FILM (GUANG ZHOU) CO LTD
Address : Jiaoxin Village, Shijing Town Guangzhou 510430 Guangdong China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Plastics & Products
Company Name : NAN YA TECHNOLOGY CORP
Address : Hwaya Technology Park 669 Fu Hsing 3rd Rd Kueishan Hsiang 333
Taoyuan Hsien Taiwan
Country : Taiwan
Relationship : Subsidiary
Legal Form : Public Listed Company
Company Type : Manufacturer
Industry : Electronic Products & Components
Company Name : NANTONG HUAFU PLASTICS CO LTD
Address : 12 Haobei Rroad Nantong 226001 Jiangsu China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Plastics & Products
Company Name : PFG FIBER GLASS CORP
Address : Rm 216, 5Fl Formosa Plastics Bldg - Annex 201 Tun Hua North Rd
Sungshan Dist Taipei City 105 Taiwan
Country : Taiwan
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Glass Products
Company Name : SUPERIOR WORLD WIDE TRADING CO LTD
Country : Hong Kong
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Plastics & Products
Company Name : WEN FUNG INDUSTRIAL CO LTD
Address : 116 Nan Lin Rd Ta Ko Village Taishan Hsiang 243 Taipei Hsien
Taiwan
Country : Taiwan
Relationship : Joint-Venture
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Plastics & Products
*Subsidiaries, Joint-ventures & Affiliates*
===============================
Joint-ventures
--------------------
(1)
FORMOSA HEAVY INDUSTRIES CORP
This is a joint-venture between the following companies :
- FORMOSA PETROCHEMICAL CORP
- NAN YA PLASTICS CORP
- FORMOSA PLASTICS CORP
(2)
WEN FUNG INDUSTRIAL CO LTD
This is a joint-venture between the following companies :
- NAN YA PLASTICS CORP
- Others
(3)
FORMOSA AUTOMOBILE CORP
This is a joint venture between the following companies :
- NAN YA PLASTICS CORP
- FORMOSA PLASTICS GROUP
(4)
NAN YA PHOTONICS CORP
This is a joint venture between the following companies :
- BLUE PHOTONICS INC
- NAN YA PLASTICS CORP
Maintains the following:
- PVC sheeting and rigid PVC film plants in USA
- Polyester fiber plant in South Carolina
*Branches*
=========
(1) Formosa Plastics Bldg - Annex
Size : 108,000
sq. feet per floor
Facilities : Modern
Location : Commercial
Center of Taipei City
Type of building : 13-storey Commercial building
Property status : Owned by
FORMOSA Group
Other Contact Details
-----------------------------
Tel no. : 2-27122211
Fax no. : 2-27178533
(2)
R&D Center
-----------------
Ground area : 1,157 sq.
meters
Type of building : 2-storey
building
Other fax no :
2-29021243
Other Contact Details
-----------------------------
Location : Shulin City
Tel no : 2-26814311
Fax no : 2-26806712
Breakdown of employees:
No of employees Division
-----------------------
-------------
46 Research &
Development
39 Inspection & Testing
*Strategic Partners & Alliances*
=========================
Group name : FORMOSA PLASTICS GROUP
Group members : NAN YA
PLASTICS CORP
FORMOSA CHEMICALS & FIBRE CORP
CYMA
PLYWOOD & LUMBER CO LTD
FORMOSA PLASTICS MARINE CORP
SUNRISE PLYWOOD CORP
SUNNYWOOD PRODUCT (USA) CORP
CABIUM BUSINESS GROUP (USA)
TAI SHIH TEXTILE INDUSTRIAL CORP
FORMOSA PLASTICIZER CORP
YUNG CHIA CHEMICAL INDUSTRIAL CORP
FORMOSA TAFFETA CO LTD
TAIRAY GARMENTS MFG CO
WENG FUNG INDUSTRIAL CO LTD
FEDERAL TEXTILE INDUSTRIAL CORP
TAH SHIN SPINNING CORP
FORMOSA SCOVILL CORP
FORMOSA PLASTICS TRANSPORT CO LTD
FAIRWAY CORP
MING CHI INSTITURE OF TECHNOLOGY
CHANG GUNG MEMORIAL HOSPITAL
FORMOSA PLASTICS (USA) CORP
NAN
YA PLASTICS (USA) CORP
JM
MFG CO - USA
NAN
YA INDAH PLASTICS CORP - Indonesia
*OVERSEAS AGENTS AND DISTRIBUTORS*
====================================
Agent : CHEMIPLAS (NZ) LTD
Country of Origin : New Zealand
Product Description : Pvc sheets
Brand : Nan Ya
Year : 1991
Agent : HARIS AL AFAQ LLC
Country of Origin : United Arab Emirates
Product Description : Polyester resins
Brand : NAN YA
Year : 2000
Agent : FU YUAN ENTERPRISE PTE LTD
Country of Origin : Singapore
Product Description : Plastics
Brand : Nan Ya
Year : 2000
Agent : TCL MARKETING LTD
Country of Origin : New Zealand
Product Description : PVC film
Brand : NAN YA
Year : 2001
Agent : TCL MARKETING LTD
Country of Origin : New Zealand
Product Description : PVC films
Brand : Nan Ya
Year : 2001
PAYMENT RATING : 1 OBTAINED SCORES :
93
|
Implication |
Implications |
|
|
1 |
Scores 85–100 |
Excellent |
|
2 |
Scores 75 – 84 |
Above Average |
|
3 |
Scores 50 – 74 |
Average |
|
4 |
Scores 35 – 49 |
Fair |
|
5 |
Scores 15 – 34 |
Below Average |
|
6 |
Scores 01 – 14 |
Poor |
|
NR |
No Data |
No Data |
The rating indicates the
payment pattern of SC based upon our Payment Database, comments from suppliers of
SC, information from banks (if available), as well as industrial sources.
Dealings on open terms may be possible for LARGE
amounts depending on individual judgement experience.
Balance Sheet
Currency : NTD
Denomination : In Thousand
2006 2007
-------------
-------------
Current Assets 92,648,385 120,654,855
Funds & long-term
investments
197,769,855 211,611,016
Property 78,461,479 79,212,229
Other Assets 4,586,139 5,727,531
Total Assets Before 374,403,565 417,955,143
Current Liabilities (Before) 52,332,697 55,800,532
(After) 90,647,459 107,105,588
Long-term Liabilities 59,146,864 56,527,592
Other Liabilities 14,958,302 17,118,963
Total Liabilities (Before) 126,437,863 129,447,087
(After)
164,752,625 180,752,143
Common stock 76,235,909 76,235,909
Capital Reserve 24,548,943 25,940,089
Retained Earnings
(Before)
122,870,181 143,602,061
(After)
84,555,419 92,297,005
Total Shareholder's
Equity (Before) 247,965,702 288,508,056
(After)
209,650,940 237,203,000
Income Statement
Currency : NTD
Denomination : In Thousand
2006 2007
-------------
-------------
Operating revenue
181,652,407 228,699,995
Gross Profit 29,134,402 49,859,142
Operating Income
17,574,588 36,743,637
Non-operating income
37,472,512 33,489,210
Non-operating expense 2,988,911 2,923,173
Net Income 47,501,265 59,046,642
Earnings (losses) per
share (After)
6.23 7.75
*Financial Ratios*
==============
2006 2007
-------------
-------------
Ratio of liabilities
to Assets % 33.77 30.97
Ratio of long-term capital
to fixed Assets % 3 91.42 435.58
Current ratio % 1 77.04 216.23
Quick ratio % 115.02 166.55
Interest coverage 20.34 25.51
Turnover of receivable (times) 7.19 7.81
Average collection period
of receivable
51 47.00
Turnover of inventories (times) 5.69 6.51
Turnover of expense (times) 13.73 12.54
Average days of sales 64 56.00
Turnover of fixed assets (times) 2.32 2.89
Turnover of total assets (times) 0.49 0.55
Return on total assets % 12.69 14.13
Operating Income 23.05 48.20
Net Income before tax 68.29 88.29
Profit margin % 26.15 25.82
Retroactive 6.23 7.75
Cash flows ratio % 71.56 126.01
Cash flows adequacy % 101.06 113.26
Cash reinvestment ratio % 2.42 6.98
Degree of operating leverage 1.19 1.15
Degree of financial leverage 1.15
1.07
*Financial Structure*
=================
Sales breakdown as per product (%) :
1994 1995 1996
1997
------ ------ ------ ------
Plastics 56.5 48.3 46.1 44.5
Polyesters 29.1 33.2 28.6 27.4
Electronics 9.7 15.0 17.0 22.1
Others 4.7 3.5 8.3 6.0
*Assets*
========
Type of asset: Machinery/Equipment
Value : NTD
17,000,000,000.00
*Financial History*
===============
August 1998 - Announced that its pre-tax profit
tumbled 28.1 percent in the first half as demand from Asia fell and its own interest burden increased on the bank
of a weakening local currency. The
company's pre-tax profit for the six months to June fell to NTD 3.1 billion (USD89 million) from NTD4.31
billion a year ago. The company slashed
its projections of 1998 yearend pretax profit by 19% to NTD9.37 billion.
January - September 1999 - Sales totaled NTD68.256
billion, down 2.7 percent from NTD70.120 for the same period of last year
September
1999 - Sales increased 0.1 percent to
NTD7.687 billion compared to September last year with NTD7.683 billion.
- Sales for this month were down
0.1 percent compared to last month.
*Financial Summary (Currency: U.S. $'s)
===============================
Year Sales Assets Net Income
1998 $3,396,022,444.44 $6,324,885,740.74 $406,579,444.44
1999 $3,154,566,200.00 $7,036,917,866.67 $399,708,233.33
2000 $3,357,014,961.12 $7,088,507,589.42 $654,515,645.41
2001 $2,768,445,937.32 $7,093,485,693.56 $228,130,266.98
2002 $2,978,797,614.26 $7,270,585,053.18 $396,565,536.07
2003 $3,680,573,731.26 $7,797,025,547.87 $495,386,505.19
2004 $4,986,040,060.15 $9,350,384,390.98 $1,308,006,857.14
2005 $5,292,580,284.36 $10,219,543,380.73 $1,262,467,077.41
*Int´l Trade Activity (Currency: U.S. $'s)
===============================
Year Imports Exports Total
2001 $416,416,489.00 $1,011,755,954.00 $1,428,172,443.00
2002 $363,476,428.00 $1,120,080,011.99 $1,483,556,439.99
2003 $365,156,937.00 $1,470,950,626.01 $1,836,107,563.01
2004 $460,150,375.94 $2,155,488,721.80 $2,615,639,097.74
2005 $542,180,094.79 $2,467,298,578.20 $3,009,478,672.99
2006 $470,072,551.39 $2,660,217,654.17 $3,130,290,205.56
SC is considered large-sized in its line with a long development history.
Credit dealings with SC in favorable terms can be considered.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 2076 Vegetable
oils and byproducts, except corn, cottonseed, and soybean
Exporting 2211 Broad
woven fabrics, cotton
Exporting 2261 Finish
Cotton Fabrics
Exporting 2299 Textile
goods,
Exporting 2399 Fabricated
textile products,
Exporting 2992 Lubricating
oils & greases
Exporting 3081 Plastics
film, strips, and sheets, unsupported
Exporting 3351 Copper,
rolled or drawn
Exporting 3354 Aluminum
extruded products, rolled or drawn
Exporting 3366 Copper
Foundries
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service
Description
Exporting 1518000000 Animal or vegetable fats & oils/their fractions, boiled,
oxidized, etc; inedible mixtures or preparations of animal or vegetable fats
and oils
Exporting 2836500000 Calcium carbonate
Exporting 2905140010 2-methylpropan-1-ol (isobutyl alcohol)
Exporting 2905160010 2-ethylhexan-1-ol (octyl alcohol)
Exporting 2905310000 Ethylene glycol (ethanediol)
Exporting 2907230000 4,4'-isopropylidenediphenol (bisphenol a, diphenylolpropane)
and its salts
Exporting 2909410000 2,2-oxydiethanol (diethylene glycol, digol)
Exporting 2909490000 Ether-alcohols and their halogenated, sulfonated, nitrated or
nitrosated derivatives not elsewhere specified or included
Exporting 2910900000 Epoxides, epoxyalcohols, epoxyphenols and epoxyethers, with a
three-membered ring, and their halogenated, sulfonated, nitrated or nitrosated
derivs
Exporting 2917200000 Cyclanic, cyclenic or cycloterpenic polycarboxylic acids, their
anhydrides, halides, peroxides, peroxyacids and their derivatives
DETAILED PRODUCT
CLASSIFICATION & ACTIVITY
Activity Product/Service Description
Exporter EG (ethylene
glycol)
Exporter 4-hyrodxyphenyl
Exporter Ether
alcohol
Exporter Cyclanic
Exporter Chemical
sensitized emulsions
Exporter Dry plates
Exporter Rubber-based
adhesives
Exporter Stamping
foils
Exporter Pigment
concentrate dispersion
Exporter Tetrahydrofuran
INTERNATIONAL
TRADE: ACTIVITY & MARKETS
Exporting to Algeria
Exporting to Angola
Exporting to Argentina
Exporting to Asia
Exporting to Australia
Exporting to Austria
Exporting to Bahrain
Exporting to Bangladesh
Exporting to Belgium
Exporting to Brazil
Exporting to Brunei
Exporting to Bulgaria
Exporting to Cambodia
Exporting to Canada
Exporting to Chile
Exporting to China
Exporting to Colombia
Exporting to Costa Rica
Exporting to Croatia
Exporting to Cyprus
Exporting to Czech Republic
Exporting to Denmark
Exporting to Dominican Republic
Exporting to Ecuador
Exporting to Egypt
Exporting to El Salvador
Exporting to Estonia
Exporting to Ethiopia
Exporting to Europe
Exporting to Fiji
Exporting to Finland
Exporting to France
Exporting to Georgia
Exporting to Germany
Exporting to Greece
Exporting to Guam
Exporting to Guatemala
Exporting to Hong Kong
Exporting to India
Exporting to Indonesia
Exporting to Iran
Exporting to Ireland
Exporting to Israel
Exporting to Italy
Exporting to Japan
Exporting to Jordan
Exporting to Kenya
Exporting to Kuwait
Exporting to Latvia
Exporting to Lebanon
Exporting to Libya
Exporting to Lithuania
Exporting to Luxembourg
Exporting to Macau
Exporting to Malaysia
Exporting to Malta
Exporting to Mexico
Exporting to Middle East
Exporting to Mongolia
Exporting to Morocco
Exporting to Mozambique
Exporting to Myanmar
Exporting to Netherlands
Exporting to New Zealand
Exporting to Nigeria
Exporting to North America
Exporting to North Korea
Exporting to Norway
Exporting to Oceania
Exporting to Oman
Exporting to Pakistan
Exporting to Papua New Guinea
Exporting to Paraguay
Exporting to Peru
Exporting to Philippines
Exporting to Poland
Exporting to Portugal
Exporting to Qatar
Exporting to Romania
Exporting to Russia
Exporting to Saudi Arabia
Exporting to Singapore
Exporting to Slovenia
Exporting to South Africa
Exporting to South Korea
Exporting to Spain
Exporting to Sri Lanka
Exporting to Sweden
Exporting to Switzerland
Exporting to Syria
Exporting to Thailand
Exporting to Tunisia
Exporting to Turkey
Exporting to USA
Exporting to Ukraine
Exporting to United Arab Emirates
Exporting to United Kingdom
Exporting to Uruguay
Exporting to Venezuela
Exporting to Vietnam
Exporting to Yemen (Sanna)
Importing from Asia
Importing from Australia
Importing from Austria
Importing from Bangladesh
Importing from Belarus
Importing from Belgium
Importing from Brazil
Importing from Canada
Importing from China
Importing from Colombia
Importing from Czech Republic
Importing from Denmark
Importing from Egypt
Importing from Europe
Importing from Finland
Importing from France
Importing from Georgia
Importing from Germany
Importing from Hong Kong
Importing from Hungary
Importing from India
Importing from Indonesia
Importing from Iran
Importing from Ireland
Importing from Israel
Importing from Italy
Importing from Japan
Importing from Jordan
Importing from Lithuania
Importing from Luxembourg
Importing from Macau
Importing from Malaysia
Importing from Mexico
Importing from Netherlands
Importing from Philippines
Importing from Puerto Rico
Importing from Romania
Importing from Samoa
Importing from Saudi Arabia
Importing from Singapore
Importing from South Africa
Importing from South Korea
Importing from Spain
Importing from Sweden
Importing from Switzerland
Importing from Thailand
Importing from Turkey
Importing from USA
Importing from Ukraine
Importing from United Kingdom
Importing from Venezuela
Importing from Vietnam
Importing from Virgin Islands (British)
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.43.21 |
|
UK Pound |
1 |
Rs.85.72 |
|
Euro |
1 |
Rs.67.92 |
RATING
EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)