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Formosa Plastics cut October 2025 revenue due to global oversupply, but remains optimistic on AI-driven material demand.
Formosa Plastics Group reported lower revenue in October 2025 amid ongoing global oversupply from China’s petrochemical expansion, prompting a strategic shift toward sustainability, advanced materials, and new markets.
Despite declines, the company remains optimistic, citing strong AI-driven demand for semiconductor and data center materials.
Meanwhile, Taiwan’s auto parts sector sees stable recycled aluminum shipments and growth in EV components and additive manufacturing, supported by strong export performance and rising global demand.
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Formosa Plastics redujo sus ingresos en octubre de 2025 debido al exceso de oferta global, pero se mantiene optimista sobre la demanda de materiales impulsados por la IA.