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Formosa Plastics chief warns of prolonged supply glut from China, accelerates five-pronged transformation

Angel Liu, Taipei

Nov 10, 2025, 12:43 0

Formosa Plastics Group president Wu Chia-chau. Credit: DIGITIMES

Formosa Plastics Group (FPG) president Chia-chau Wu said China's rapid buildout of large-scale petrochemical plants has caused a lasting supply-demand imbalance that may take years to correct, with recovery expected by 2027. He added that electronic materials...

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