Formosan Union Chemical Corp
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Formosan Union Chemical Corp - Company
Capsule
Reference Code BR1120CC
Published Date: April 2011
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Formosan Union Chemical Corp - Company Capsule Page 1
Formosan Union Chemical Corp
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Formosan Union Chemical Corp - Company Overview
Formosan Union Chemical Corp. (FUCC) is a Taiwan based chemicals manufacturing company. The company is
principally engaged in developing, manufacturing, and selling a variety of chemicals that include Alkyl benzene, Nonyl
phenol, and hydrogenated petroleum resin to its clients across various locations in the country. In addition, it offers
hydrogenated C9 hydrocarbon, dodecyl benzene sulfonic acid nonyl phenol, linear & branched alkyl benzene, and related
products. These products find their application as a raw materials used for detergents, ethylene-vinyl acetate polymer
EVA, thermal plastic rubber TPR series hot melt adhesives, surfactants and rubber anti-oxidant agents. FUCC is
headquartered in Taipei, Taiwan.
Financial Performance
The company reported revenue of TWD 8004.20 million during the fiscal year ended December 2009. The company's
revenue decline at a compounded rate of 2.97% during the period 2007-2009 with a year on year growth of 19.33% over
fiscal year 2008. During the fiscal year 2009, its operating margin was 6.04% as against an operating margin of 4.01% in
fiscal year 2008. During the fiscal year 2009, the company registered a net margin of 4.12% as against a net margin of
3.23% in the fiscal year 2008
Formosan Union Chemical Corp - Key Facts
Formosan Union Chemical Corp, Key Facts
14th Floor, Taipei, , , Taiwan Ticker Symbol, Stock
Corporate Address: 1709 (Taiwan Stock Exchange)
Exchange
Telephone + 886 2 25071234 No. of Employees 403
Fax + 886 2 25071664 Financial Year End December
URL www.fucc.com.tw Revenue (in TWD Million) 9,922.55
Industry Chemicals Revenue (in USD Million) 316.21
Locations Taiwan
Source: Annual Report, Company Website, Primary and Secondary Research
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Formosan Union Chemical Corp - Company Capsule Page 2
Formosan Union Chemical Corp
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Formosan Union Chemical Corp - Major Products and Services
Formosan Union Chemical Corp is a manufacturer and trader of various chemicals. The key products offered by the
company include the following:
Formosan Union Chemical Corp, Major Products and Services
Products:
Chemicals:
Alkyl Benzene
Normal Olefin
Nonyl Phenol
Hydrogenated Petroleum Resin
Linear Alkyl Benzene
Branched Alkyl Benzene
Linear Alkyl Benzene Sulfonic Acid
Dodecyl Benzene Sulfonic Acid Nonyl Phenol
Hydrogenated C9 Hydrocarbon Resin
Heavy Linear Alkyl Benzene
Heavy Branched Alkyl Benzene
Light Branched Alkyl Benzene
Source: Annual Report, Company Website, Primary and Secondary Research
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Formosan Union Chemical Corp
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Formosan Union Chemical Corp – Key Competitors
The following companies are the major competitors of Formosan Union Chemical Corp:
UPC Technology Corporation
USI Corporation
Ho Tung Chemical Corp., Ltd.
Taiwan Prosperity Chemical Corporation
Access Co., Ltd.
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Formosan Union Chemical Corp
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Formosan Union Chemical Corp - Key Employees
Formosan Union Chemical Corp, Key Employees
Name Job Title Board Level Since Age
Xun Chen Chairman Non Executive Board 2008
Chuanshi Cai General Manager Senior Management
Shengshun Huang Director Non Executive Board
Zhiqun Guo Director Non Executive Board
Kunlie Yang Director Non Executive Board
Zhenzhi Guo Director Non Executive Board
Jincai Guo Director Non Executive Board
Defeng Chen Director Non Executive Board
Zhimao Guo Director Non Executive Board
Yixue Zheng Director Non Executive Board
Ronghui Xu Director Non Executive Board
Zhilong Lin Director Non Executive Board
Shengcai Huang Director Non Executive Board
Panhuan Zhang Director Non Executive Board
Pingfu Ji Director Non Executive Board
Jiaan Shi Director Non Executive Board
Source: Annual Report, Company Website, Primary and Secondary Research
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Formosan Union Chemical Corp - Company Capsule Page 5
Formosan Union Chemical Corp
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Formosan Union Chemical Corp - Locations and Subsidiaries
Head Office
Formosan Union Chemical Corp
14th Floor
Taipei
Taiwan
Tel: + 886 2 25071234
Fax: + 886 2 25071664
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Formosan Union Chemical Corp - Company Capsule Page 6
Formosan Union Chemical Corp
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Formosan Union Chemical Corp - Financial Ratios
Financial Ratios - Capital Market Ratios
Formosan Union Chemical Corp, Ratios based on current share price
Key Ratios 10-Sep-2010
P/E (Price/Earnings) Ratio 17.7
EV/EBITDA (Enterprise Value/Earnings Before Interest, Taxes, Depreciation and Amortization) 12.91
Enterprise Value/Sales 0.84
Enterprise Value/Operating Profit