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1709TAIMarket closedOpens 9:00am SGT

Formosan Union Chemical Corp.

NT$48.40Last updated
+NT$4.40 (10.00%)Past day
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Formosan Union Chemical Corp. (TAI: 1709) is trading at NT$48.40, about ₹146 at today's TWD/INR rate, as of 30 Sep 2026, 1:30 AM ET, up 10.00% today. Formosan Union Chemical is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.

Quote

Open:NT$44.10
Previous close:NT$44.00
Volume:46.86M

Today's low

NT$44.00

Today's high

NT$48.40

52 week low

NT$16.20

52 week high

NT$50.50

1709 opened at NT$44.10, closed previously at NT$44.00, and has traded between NT$16.20 and NT$50.50 over the past 52 weeks.

About

Formosan Union Chemical Corp. (FUCC), established in 1973 and headquartered in Taipei, Taiwan, operates as a key producer and supplier of chemical products throughout the region. The company's core chemical offerings include: Alkyl benzene, which serves as a primary ingredient in the production of detergents. Nonyl phenol, a fundamental raw material essential for manufacturing surfactants, various rubbers, plastic anti-oxidant agents, and other specialty chemicals. Hydrogenated hydrocarbon resin, utilized as a base material in the creation of ethylene-vinyl acetate polymer (EVA) and thermal plastic rubber (TPR) series hot melt adhesives. FuSyn-22, a synthetic alkylate that functions as either a main base oil or a blend component across diverse synthetic automotive and industrial applications. Beyond these primary offerings, FUCC engages in a broad spectrum of activities. It is involved in the manufacturing, processing, and trade of a wide array of chemicals, including various resins (such as hydrocarbon, polyester polyol, melamine, urea, alkyd, acetate, and butyric acid), aromatics solvent oil, alkyl benzene, and sulfonic acid. The company also produces and wholesales petrochemical raw materials, synthetic resins, rubber and plastic compounds, and other specialized chemicals. Furthermore, Formosan Union Chemical Corp. diversifies its manufacturing into agricultural goods like sugar and pesticides, as well as industrial products such as batteries, electronic components, and equipment for power generation, transmission, and distribution. Its extensive operations also encompass the buying and selling of electronic materials, providing thermal energy, and the wholesale distribution of cleaning products, electrical appliances, and machinery. FUCC also delivers various services, including machinery and equipment installation, distribution of liquefied petroleum gas (LPG), petrochemical engineering planning and design, and cylinder maintenance and inspection.

Country
TW
CEO
Chun-Cheng Lin
Exchange listed on
TAI
Industry
Chemicals - Specialty
Base currency
TWD
Full Time Employees
427
Sector
Basic Materials
IPO date
02/07/1986

Key statistics

Avg. volume

10.43M

Market cap

NT$23.09B

P/E Ratio

24.20

Price-to-sales ratio

2.48

Enterprise value

NT$9.08B

Free cash flow yield

6.26%

Debt-to-equity ratio

0.11

Return on equity

6.55%

ROIC

4.52%

Beta

0.30

Dividend yield

2.07%

Last dividend

NT$1.00

Financial overview

Revenue

NT$9.01B

Earnings per share

NT$1.23

Free cash flow

NT$496.68M

Net profit margin

10.30%

Gross margin

21.51%

EBITDA

NT$872.04M

Revenue growth

-12.57%

Similar securities

This is not an investment recommendation

Formosan Union Chemical for Indian investors

Formosan Union Chemical is listed on the Taiwan Stock Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.

Taxes on Formosan Union Chemical for Indian residents

Trading and limits

Trading hours
9:00 am – 1:30 pm SGT
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. Formosan Union Chemical’s current yield is 2.07%.Dividend tax explained

FAQs

Can I buy Formosan Union Chemical on Paasa?

Formosan Union Chemical (1709) has been listed on the Taiwan Stock Exchange since 1986, in the Chemicals - Specialty industry. Formosan Union Chemical is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.

How much does one Formosan Union Chemical share cost in rupees?

One Formosan Union Chemical share is NT$48.40 — about ₹146 at a TWD/INR rate of 3.02 on 29 Sep 2026. Both the Formosan Union Chemical price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for investing abroad from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.

How are gains on Formosan Union Chemical shares taxed in India?

Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the TWD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Formosan Union Chemical price.

Does Formosan Union Chemical pay a dividend, and how is it taxed in India?

Yes. Formosan Union Chemical pays a dividend and the current yield is 2.07%; the last declared dividend was NT$1.00 per share, about ₹3.02. Dividends are taxed at your slab rate in India.

When does TAI trade, in Indian time?

The Taiwan Stock Exchange trades 6:30 am – 11:00 am IST in Indian time.

Do I have to declare Formosan Union Chemical shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.

Does the rupee rate affect what I make on Formosan Union Chemical?

Yes. Formosan Union Chemical is priced in TWD, so your rupee outcome combines the TWD move with the TWD/INR move between the day you remit and the day you convert back.