denied at the time that it had violated the act.
Shares of FCFC
common stock outstanding at the time of the merger were converted into the right to receive merger consideration paid in cash.
Lin De-yu, director of the county government's Department of Information, called on the FCFC
labor union to handle the issue peacefully and rationally.
China's credit-tightening measure, the European debt crisis and the heavy floods in Thailand have made FPC, Nan Ya and FCFC
take a conservative attitude toward their operations in the fourth quarter of this year.
mainly rolls out petrochemicals and chemical-fibers as PTA (purified terephthalic acid) and PS (polystyrene), with FPC mainly producing petrochemicals and plastics as PP (polypropylene), PVC (polyvinyl chloride) and AE (acrylic ester).
was the group's most profitable firm by posting NT$3.
23% from the preceding month, with FCFC
In addition to PTA and EG, FCFC
is also enjoying hot sales of acetone, accounting for 34% of the company's total sales.
can usually meet its sales projection, market insiders are upbeat about Taiwan's outlook on the chemical-fiber sector in 2011.
Nan Ya saw a 149% year-on-year growth in 2010 earnings and FCFC
and FPC posted 61.
Of them, FPC, Nan Ya, FCFC
, FPCC each has resolved to release 1.
803 billion because of smooth resumption of operations of its ethylene plant, which will benefit FPC, Nan Ya and FCFC
as they have cross shareholdings.