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Formosa Plastics units' fourth-quarter net rises on China demand

from Bloomberg

Formosa Plastics Corp. and other units of Taiwan's largest diversified company had gains in fourth-quarter net income as China's expanding economy boosted demand for chemicals and plastics. Net income at Formosa Plastics Corp., Taiwan's biggest maker of polyvinyl chloride, rose 66 percent in the three months to Dec. 31 to $437 million. more

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