Taiwan Styrene Monomer Corporation
1310.TW
Taiwan Stock Exchange10.40
TWD
-0.65
- -
Taiwan Styrene Monomer Corporation
1310.TW
(Taiwan Stock Exchange)
Recent
price
10.40
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Taiwan Styrene Monomer Corporation is a Taiwan-based company primarily engaged in the manufacturing and sales of styrene monomer and related petrochemical products. Its core product portfolio includes styrene monomer, para-diethyl benzene, toluene, ethyl benzene, and hydrogen. These products serve as essential raw materials for the production of polystyrene, acrylonitrile-butadiene-styrene (ABS) resins, and synthetic rubber used across industries such as electrical appliances, machinery, electronics, automobiles, and packaging. The company also operates segments in investment and piping engineering services, and provides rental services for residential buildings and industrial plants as well as hotel operations. Additionally, it offers chemical and plastic raw materials, electric components manufacturing and sales, and consulting services in education, information, software, and data storage. Founded in 1979 and headquartered in Taipei, Taiwan, Taiwan Styrene Monomer Corporation operates mainly in the Asian and European markets. The company supplies manufacturers who produce polystyrene, ABS resins, and synthetic rubber, critical materials for various industrial applications. Recently, Taiwan Styrene Monomer undertook a strategic operational maintenance by temporarily shutting down its styrene production line in Linyuan, Kaohsiung, for scheduled repairs and upgrades to maintain production efficiency and safety. This maintenance, completed in early 2023, was designed to sustain operational excellence and ensure reliable supply capabilities in the petrochemical sector. The company also conducted an equity buyback of 7 million shares, reflecting its capital management strategy. Taiwan Styrene Monomer continues to diversify its product offerings and strengthen its market position through sustained operational improvements and strategic initiatives. Taiwan Styrene Monomer Corporation’s operations are critical to the supply chains of polystyrene and synthetic rubber industries in Taiwan and beyond, positioning it as a key player in the regional petrochemical market. Its broad product range and associated services support end-markets in manufacturing, automotive, electronics, and packaging sectors. The company maintains a commitment to operational reliability and market responsiveness, leveraging its longstanding industry presence and technical expertise. Taiwan Styrene Monomer's subsidiaries and related services extend its footprint across various industrial segments, supporting its diversified business model and strategic growth ambitions. This comprehensive product and service array, combined with recent operational enhancements and financial management activities, underscores Taiwan Styrene Monomer Corporation’s role as a significant contributor to the petrochemical industry, maintaining leadership in both domestic and international markets.