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Trades about 7% below its sector, cheaper than its peers on earnings.
Established in 1963 and headquartered in Tainan City, Taiwan, Nan Pao Resins Chemical Co., Ltd. is a major producer and distributor of a diverse range of chemical products. The company's activities encompass the manufacturing, wholesale, and retail of synthetic resins, plastics, various bonding agents, protective coatings based on resins, and coloring agents, with a market reach across Taiwan, Mainland China, and Southeast Asia. Nan Pao offers an extensive product line, including specialized adhesives for the footwear industry, such as cleaning agents, priming solutions, hardening compounds, and general shoe glues. Their adhesive portfolio extends to numerous other applications, serving sectors like textiles, woodworking and furniture, construction, graphic arts, tape and label manufacturing, paper converting, rigid and flexible packaging, leather finishing, and general product assembly, covering pressure-sensitive and nonwoven bonding. The company also supplies thermoplastic (hot melt) adhesives. Furthermore, Nan Pao provides a comprehensive selection of coatings designed for building and construction, flooring and concrete protection, heavy-duty anti-corrosion, industrial uses, and eco-friendly solutions. This includes functional coatings, as well as indoor and outdoor powder coatings, and specialized protective finishes. Complementing these, they supply essential construction materials, such as grouting compounds, waterproofing systems, sealing agents, sound dampeners, and asphalt-based products.
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