Shinkong Synthetic Fibers Corporation was initially founded by H.S. Wu in 1967, subsequently developing into a joint venture with Toray Industries. Inc. and Mitsubishi Corporation Co., Ltd. The initial capital was NT $160 million, a figure that had increased by the end of 2009 to NT $14.5 billion, making it a category 1 stock company on the TSEC. The total number of employees is currently 2,300 with more than 120,000 shareholders and NT $32.4 billion assets
The company finished construction in May 1970 and began operation immediately after. Continuous gradual expansion has led to today’s three main factories in Taiwan, boasting a total combined area of about 444,000 square meters, and producing 1,900 tons of polyester products per day. Additionally, the company also commands m...
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