Formosa Chemicals & Fibre and Formosa Taffeta Sell Idle Land in Mailiao for a Total of NT$556 Million
Key facts
- Formosa Chemicals & Fibre and Formosa Taffeta Sell Idle Land in Mailiao for a Total of NT$556 Million
- Formosa Chemicals & Fibre Corp. (FCFC) and Formosa Taffeta Co. (FTC) announced today the sale of idle land in Mailiao, Yunlin, to their affiliate, Mailiao Power Corporation, for a total of NT$556 million. This move is primarily to meet the land requirements for Mailiao Power Corporation's solar power plant project.
- Source: PR Times
- Date: May 8, 2026
Direct answer
Formosa Chemicals & Fibre Corp. (FCFC) and Formosa Taffeta Co. (FTC) announced today the sale of idle land in Mailiao, Yunlin, to their affiliate, Mailiao Power Corporation, for a total of NT$556 million. This move is primarily to meet the land requirements for Mailiao Power Corporation's solar power plant project.
- Citation
- Formosa Chemicals & Fibre and Formosa Taffeta Sell Idle Land in Mailiao for a Total of NT$556 Million (May 8, 2026), PR Times
- Source
- PR Times
- Date
- May 8, 2026
Formosa Chemicals & Fibre Corp. (FCFC) and Formosa Taffeta Co. (FTC) announced today the sale of idle land in Mailiao, Yunlin, to their affiliate, Mailiao Power Corporation, for a total of NT$556 million. This move is primarily to meet the land requirements for Mailiao Power Corporation's solar power plant project.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 18:35
- 🔍 Collected: May 8, 2026 at 19:02 (26 min after Published)
- 🤖 AI Analyzed: May 8, 2026 at 21:13 (2h 11m after Collected)
(Central News Agency reporter Tseng Jen-Kai, Taipei, 8th) Formosa Chemicals & Fibre Corp. (FCFC) and Formosa Taffeta Co. (FTC) separately announced today the disposal of idle land in Mailiao, Yunlin, to their affiliate, Mailiao Power Corporation, for a total price of NT$556 million.
FCFC announced today the disposal of 5 plots of idle land in Xucuo Liao Section, Mailiao Township, Yunlin County, to its affiliate, Mailiao Power Corporation, for a total price of NT$237 million, with an estimated disposal profit of NT$184 million.
FCFC stated that this is mainly to cooperate with Mailiao Power Corporation's land demand for setting up a solar power plant.
FTC also held a major information press conference today, announcing that to activate idle land, it plans to sell 4 plots of land in Xucuo Liao Section, Mailiao Township, Yunlin County, at NT$19,000 per ping, for a total price of NT$319 million, to its affiliate, Mailiao Power Corporation.
FTC Vice General Manager Cheng Hung-Ning stated that after deducting acquisition costs and taxes, the estimated disposal profit is approximately NT$267 million. (Editor: Huang Kuo-Lun) 1150508
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FAQ
What are the key facts in this article?
Formosa Chemicals & Fibre Corp. (FCFC) and Formosa Taffeta Co. (FTC) announced today the sale of idle land in Mailiao, Yunlin, to their affiliate, Mailiao Power Corporation, for a total of NT$556 million. This move is primarily to meet the land requirements for Mailiao Power Corporation's solar power plant project.
What is the direct answer?
Formosa Chemicals & Fibre Corp. (FCFC) and Formosa Taffeta Co. (FTC) announced today the sale of idle land in Mailiao, Yunlin, to their affiliate, Mailiao Power Corporation, for a total of NT$556 million. This move is primarily to meet the land requirements for Mailiao Power Corporation's solar power plant project.
What is the source and date?
PR Times: https://www.cna.com.tw/news/afe/202605080272.aspx | May 8, 2026