SBI Business Summary

SBI (Shuang-Bang Industrial Corp.) is a Taiwan-based specialty chemicals manufacturer that generates revenue primarily through the production and sale of polyurethane (PU) resins and thermoplastic polyurethane (TPU) materials. The company’s operations are divided into four primary segments: Coating and Lamination, Polymer, TPU, and Sports. Its product line includes synthetic resins for footwear, cross-linkers for synthetic leather, and high-performance TPU films utilized in medical, apparel, and outdoor sports equipment. SBI’s business model relies on a B2B transaction-based approach, supplying raw materials and semi-finished components to global supply chains for major athletic brands. Direct competitors include Huikwang Corporation (6508), Taiwan Hopax (6509), and Evermore Chemical (1735). Relative to these peers, SBI occupies a specialized niche in the high-end footwear and functional textile markets, focusing on moisture-permeable and high-durability chemical solutions. The leadership team is headed by Chairman Chang Chong-Tang (張崇棠), who has provided strategic direction for the company for over three decades and was re-elected to his post in mid-2024. General Manager Hsu Yu-Chuan (許瑜娟) oversees the company’s operational execution and serves as the primary spokesperson, while Financial Director Lin Min-Chu (林敏珠) manages the group’s fiscal strategy and investor relations. Founded in 1989 and headquartered in Nantou, Taiwan, the company’s executive pedigree is rooted in industrial chemical engineering and large-scale manufacturing management. SBI’s board of directors includes key institutional representation from entities such as Jiacheng Industrial, and the company has maintained a consistent leadership core since its 2011 listing on the Taipei Exchange (TPEx).