Nan Ya Plastics Corporation http://www.alacrastore.com/company-snapshot/Nan_Ya_Plastics_Corporation-1024376 Saturday, July 26, 2008 8:04:32 AM 1024376 Nan Ya Plastics Corporation en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/bir/1207687bir/1207687normNan Ya Plastics Corp.TaiwanManufacturing: Manufacture of plastic products, polyester yarn, chemical products and printed circuit boards.308322822821308130823261303131123252113261133261219IL13034/29/2008 6:25:07 AM1207687Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/spcred/598146spcred/598146normThe latest Full Report from S&P8/27/2007 4:31:47 AMFull Report400global598146TaiwanCommodity ChemicalsAsiaEmerging MarketsGlobal IssuersCorporationsChemicalsHigh TechnologyFull ReportLow-cost structure and high operating efficiency Strong market position Highly integrated production within the Formosa Plastics group Satisfactory cash-flow-protection measures Highly competitive, capital intensive, and cyclical nature of the plastics industry Asset concentration Somewhat aggressive investment strategy The rating on Nan Ya Plastics Corp. (Nan Ya Plastics) reflects the company's leading position in the plastics, polyester fiber, and electronic materials industries, as well as its intermediate financial profile. The rating also factor in Nan Ya Plastics' status as a core member of the Formosa Plastics group, which affords the company highly-integrated production, a low-cost structure, and good financial flexibility. Counterbalancing factors include the highly cyclical and competitive nature of the plastics, polyester fiber, and electronic materials industries, as well asTWN15101010 151010 1510 15Nan Ya Plastics Corp.360931ASIAEMERGING1303@TTFULLTWN45203010 452030 4520 45Nan Ya Printed Circuit Board Corp.367054ASIAEMERGING8046@TTGLOBISSCORPChemicalsHighCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/598147spcred/598147normThe latest Summary from S&P8/27/2007 4:31:47 AMSummary175global598147TaiwanCommodity ChemicalsAsiaEmerging MarketsGlobal IssuersCorporationsChemicalsSummaryThe rating on Nan Ya Plastics Corp. (Nan Ya Plastics) reflects the company's leading position in the plastics, polyester fiber, and electronic materials industries, as well as its intermediate financial profile. The rating also factor in Nan Ya Plastics' status as a core member of the Formosa Plastics group, which affords the company highly-integrated production, a low-cost structure, and good financial flexibility. Counterbalancing factors include the highly cyclical and competitive nature of the plastics, polyester fiber, and electronic materials industries, as well as Nan Ya Plastics' asset concentration, and its investments in the high-risk dynamic random access memory (DRAM) industry through Nanya Technology Corp. (Nanya Technology) and Inotera Memories Inc. (Inotera Memories, which is a joint venture between Nanya TechnologyTWN15101010 151010 1510 15Nan Ya Plastics Corp.360931ASIAEMERGING1303@TTSUMMARYGLOBISSCORPChemicalsCredit & Investment ResearchS&P Credit Research