• Thu
  • Apr 17, 2014
  • Updated: 1:49pm

Polyester

Far Eastern looks west for growth

Taiwanese conglomerate Far Eastern Group is eyeing the development of petrochemical plants in the United States, fuelled by cheap energy as the US exploits its shale gas reserves, company's chairman and chief executive Douglas Tong Hsu says.

Thursday, 18 April, 2013, 5:33am

Spotlight on recycling

Newcomer Teijin Hong Kong brings a new dimension of environmental awareness to a fair that is placing heavy emphasis on eco-friendly products this year.

10 Mar 2009 - 12:00am

Yizheng returns to the black but misses forecasts

Sinopec Yizheng Chemical Fibre, the world's sixth-largest polyester maker by capacity, returned to the black last year from heavy losses a year earlier, helped by the absence of provisions.

2 Apr 2007 - 12:00am

Turning Japanese

Although made in Spain, the Kyoto collection from Fabrics Etc (11/F, Asia Standard Tower, 59 Queen's Road Central, tel: 2810 7360) is distinctly Japanese in flavour, with delicate florals (below), garden scenes reminiscent of traditional brush-and-ink paintings and elegant stripes.

30 May 2004 - 12:00am

Dress code for the future

Welcome to the future. Forget Lycra, nylon and polyester, this sci-fi material modelled by Polytechnic University postdoctoral student Debbie Xiuying Jiang, 30, is what we could all be wearing in the years to come if the university's success in pioneering nano-metallised fabrics is anything to go by.

6 Dec 2003 - 12:00am

POLYESTER MAKER LIFTS PRODUCTION CAPACITY

Far Eastern Polychem Industries has signed an agreement with associates of its controlling shareholder, Far East Texile, to jointly develop a new production plant near the company's existing polyester production facility in Pudong, Shanghai. It will invest about US$11 million for the joint venture, which will be funded out of its general working capital.

9 May 2003 - 12:00am

POLYCHEM PROFITS FALL

Far Eastern Polychem Industries posted a 59.79 per cent year-on-year fall in net profit to HK$82.52 million, despite a 29.58 per cent growth in turnover to HK$1.91 billion. The company blamed the result on an oversupply of polyester and a rise in raw material costs.

15 Mar 2003 - 12:00am

Polychem earnings down 39pc

Growth Enterprise Market-listed mainland polyester manufacturer Far Eastern Polychem Industries saw its first-half net profit tumble 39 per cent to HK$76.56 million despite a 36 per cent growth in turnover to HK$904.68 million.

10 Aug 2002 - 12:00am

Sinopec unit in grim profit warning

Sinopec Yizheng Chemical Fibre, a subsidiary of China's No 2 oil company China Petroleum & Chemical Corp (Sinopec), last night issued a warning saying its profit for the year to December 31 last year was expected to plunge by more than 50 per cent compared with 2000. The company said polyester product prices had been sluggish throughout the year, which had eroded margins.

25 Jan 2002 - 12:00am

Yizheng trims full-year loss

Stabilising polyester prices helped Yizheng Chemical Fibre pull back from a disastrous first half to post a better than expected full-year net loss of 174.72 million yuan (about HK$162.62 million).

27 Mar 1999 - 12:00am

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