Consolidated revenue for Nan Pao grew 15.6% in 2021, reaching nearly NT$18 billion (approximately $607.4 million). Adhesives accounted for 72% of that revenue, or about NT$12.9 billion (~ $437.3 million).

Nan Pao produces footwear and specialty adhesives, as well as hot-melt adhesives, among other products. The company reports that it invests 2-3% of revenue in R&D.

No. 16 | Nan Pao Resins Chemical Co., Ltd.

Tainan City, Taiwan

CEO: Elic Hsu
Sources: company website, press release