Company information
- Ticker
- 4716
- Country
- Taiwan
- Sector
- Materials
- Industry
- Chemicals
DAILY Business Summary
Daily Polymer Corp. (4716.TWO) is a Taiwan-based specialty chemical manufacturer that generates revenue through the transaction-based sale of high-performance synthetic resins and advanced electronic materials. The company operates through two primary business segments: the Polymer Division, which produces alkyd, polyacrylate, unsaturated polyester (UP), and polyimide (PI) resins for the coatings, shipbuilding, and construction industries; and the Electronic Materials Division, which specializes in liquid crystals and alignment materials for the global display market. Daily Polymer maintains a significant export presence across Southeast Asia, China, and Japan, positioning itself as a critical upstream supplier in the industrial and consumer electronics supply chains. Its primary direct competitors include Eternal Materials Co., Ltd., Qualipoly Chemical Corp., Headway Advanced Materials Inc., and Yong Shun Chemical Co., Ltd., against whom it competes by leveraging specialized R&D in fine chemicals and niche electronic applications. Founded in 1970 and headquartered in Kaohsiung, the company is currently led by Representative Chairman Yu-Sheng Hung and President Wen-Chung Yang, the latter of whom assumed his role in March 2022. The leadership team includes experienced executives such as Vice President and Financial Officer Han Lin Hsu and Factory Chief Chun-Pin Liu, who oversee the firm’s integrated manufacturing and quality control operations. Daily Polymer’s governance is supported by a board of directors featuring representatives from major stakeholders, including Union Polymer International Investment Corporation, which holds a substantial equity position. The company’s pedigree is rooted in its transition from traditional resin production to high-barrier electronic chemical materials, a strategic shift facilitated by long-term technical collaborations with institutions like the Industrial Technology Research Institute (ITRI).