2022 ASI Top 20: Nan Pao Resins Chemical Co., Ltd.

The ASI Top 20 incorporates financial data and additional details from multiple sources. (Image courtesy of gremlin via gettyimages.com.)
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, Taiwanwww.nanpao.com
CEO: Elic Hsu
Sources: company website, press release
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