Company information
- Ticker
- 1324
- Country
- Taiwan
- Sector
- Materials
- Industry
- Chemicals
GLOBE TAPE Business Summary
Globe Industries Corporation (1324.TW), known locally as Earth (地球), operates a vertically integrated business model focused on the research, manufacturing, and global distribution of pressure-sensitive adhesive tapes. The company generates revenue primarily through three core segments: Polyvinyl Chloride (PVC) tapes for electrical insulation and industrial piping, Oriented Polypropylene (OPP) tapes for high-volume packaging, and specialty tapes including masking, double-sided, and aluminum foil variants for the automotive and electronics sectors. As of 2026, the firm has pivoted toward high-margin sustainability, becoming Taiwan's first tape manufacturer to secure carbon footprint label certifications. In a competitive landscape dominated by global giants 3M Company, Nitto Denko, and Tesa SE, Globe Industries maintains a dominant regional position in Asia by leveraging its extensive 70-country export network and specialized production facilities in Taiwan and Zhuhai, China, competing directly with local peers like Symbio, Inc. and Nan Pao Resins. Originally founded in 1951 by Tien-Soon Chang as the Wu-Cheng Stationary Processing Factory, the company transitioned into a professional tape manufacturer in 1964 under the Globe brand. The current leadership team is headed by Chairman Dezhao Zhang (Chang Te-Chao) and General Manager Huang Lin-Qing, the latter of whom has served as President since 2016 and oversees the company's digital transformation and ESG strategic initiatives. The executive suite is supported by Vice Chairmen Feicheng Ye and Dexu Zhang, alongside Deputy General Manager Jiancheng Wu. The board of directors includes notable independent members such as Zhengzhong Guan and Wenzhen Lai, who provide oversight on corporate governance and financial auditing. This leadership group maintains a legacy of industrial expertise, guiding the firm from its origins in stationery to its current status as a diversified industrial materials leader with a market capitalization of approximately NT$796 million as of March 2026.