Develop a new product mix focusing on high value-added specialty products with
enhanced profit margins
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- Capture opportunities arising from growing market demand
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- Drive up return and profit growth
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Expand and integrate production facilities
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- Maximise efficiency and reduce cost
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Maintain solid relationship with existing customers and adopt proactive strategies
to strengthen after-sales services
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- Continue to enhance the quality of products
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- Pay regular visits to provide relevant technical advices
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Maximize synergistic benefits derived from the activities of various members of
the Far Eastern Group
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- Enjoy full technical support as well as assistance in research and development
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Strengthen the leading status of Far Eastern products in the PRC |
- Acquire new customers and promote the "Far Eastern" name in the PRC |
As the PRC economy continues to develop, there will continues to be substantial
market potential for its goods and services. As a result, Far Eastern Polychem has devised a step-by-step
plan to meet its future challenges and insure its ability to meet challenges and react swiftly to variations
in the market place. Over the next three years, the Company plans to:
Enhance production mix by focusing on high value-added products with high profit margins
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Expands production facilities to manufacture high value-added products
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Integrete the production production process vertically by investing in a joint venture that will produce pure terephthatic acid ("PTA") (i.e. the Company's major raw material)
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Provide more in-depth customer services, such as after-sales services and technical support
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Establish an electronic data interchange connecting the Company with major clients for
checking availability of goods and placing orders
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Increase production efficiency and reduce production costs to maximize profits
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Its high quality standards, advanced technological know-how, deep-rooted relationships with its customers
and unrivalled support provided by its parent company, clearly demonstrate that Far Eastern Polychem
is well-positioned to capture new business opportunities and to continue to excel in the years ahead.
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