|Bid||119.50 x 0|
|Ask||120.00 x 0|
|Day's Range||119.50 - 121.00|
|52 Week Range||102.00 - 131.00|
|PE Ratio (TTM)||15.07|
|Earnings Date||Jul 30, 2018 - Aug 3, 2018|
|Forward Dividend & Yield||6.30 (5.34%)|
|1y Target Est||112.71|
At least some buyers of Iranian supplies in the world’s biggest oil market are considering acquiescing to U.S. President Donald Trump’s demands. As the American administration piles pressure on its allies to entirely halt purchases of Iranian supplies, Japan’s Fuji Oil Co. and Taiwan’s Formosa Petrochemical Corp. are considering ending imports from the OPEC member -- though they are yet to make a final decision. South Korea has already put some imports on hold while Emirates National Oil Co. in the U.A.E. is trying alternatives to cargoes from the Islamic Republic.
Rising supplies of naphtha from the western hemisphere to Asia are seen eroding the petroleum product's spot premium which hit a near four-year highs last month. Around 1.4 million tonnes of the fuel, which is used in the petrochemical industry and to also to blend with petrol, are expected to land in Asia in July, the highest monthly level since February, according to three traders who track the fuel. The extra supplies have reversed an upswing in spot premiums paid for naphtha.
Formosa Petrochemical Corp has elected to build a $9.4 billion chemical manufuring complex ins St James Parish, Louisiana
DONALDSONVILLE, La. (AP) — A company based in Taiwan plans to build a $9.4 billion chemical manufacturing complex on a 2,400-acre (970-hectare) site in Louisiana, officials announced Monday.
April 10 (Reuters) - Formosa Petrochemical Corp: * SAYS MARCH SALES UP 6.4 PERCENT Y/Y * SAYS Q1 PRE-TAX PROFIT AT T$22.08 BILLION ($756.03 million), NET PROFIT T$18.3 BILLION Source text for Eikon: Further ...
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Moody's Investors Service has revised to positive from stable the ratings outlook of the four companies that together comprise the Formosa group, namely Formosa Plastics Corporation, Nan Ya Plastics Corporation, ...
Taiwan's Formosa Petrochemical Corp plans to run its Mailiao refinery at near full capacity in January and February.
Dec 8 (Reuters) - Formosa Petrochemical Corp: * SAYS IT OBTAINS PRODUCTION MACHINERY WORTH T$824.2 MILLION ($27.48 million) Source text for Eikon: Further company coverage: ($1 = 29.9940 Taiwan dollars) ...
Announcement: Moody's: Four Formosa-related companies' improved debt leverage supports their Baa1 ratings. Global Credit Research- 17 Aug 2017. Hong Kong, August 17, 2017-- Moody's Investors Service says ...