Report
EUR 13.72 For Business Accounts Only

With a more favourable environment, FORMOSA CHEMS.& FIBRE improves to Slightly Positive

FORMOSA CHEMS.& FIBRE (TW), a company active in the Commodity Chemicals industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date September 7, 2021, the closing price was TWD 82.70 and its potential was estimated at TWD 91.54.
Underlying
Formosa Chemicals & Fibre Corporation

Formosa Chemicals & Fibre is engaged in the manufacture and sales of petrochemical products including purified terephthalic acid, polystyrene, butadiene, stryene monomer ("SM"), SM polymer, benzene, toulene, p-xylene, o-xylene, nylon fiber and rayon staple fiber. Through its subsidiaries, Co. is also engaged in the manufacture and sales of rayon-grade wood pulp, machinery for chemical fibers, other industrial-grade chemical products and processed goods; spinning, weaving, dyeing and finishing of chemical fibers; water treatment; cable and machine installation; and import and export of aforementioned products and materials.

Provider
TheScreener
TheScreener

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