Nan Ya Plastics' October Revenue Surges 64.6% on AI Demand
Nan Ya Plastics saw its October consolidated revenue climb 64.6% year-over-year to NT$34.94 billion, reaching a 55-month high, fueled by surging demand for electronic materials linked to the rapid expansion of AI server infrastructure. This growth, detailed in a recent filing, underscores the company's increasing participation in the supply chain for advanced computing components.
The primary driver was a 104.7% increase in electronic materials revenue, now accounting for over 61.5% of total sales. The company attributes this to the escalating demand for high-speed interconnect materials as cloud providers invest heavily in building out massive data centers. Nan Ya Plastics has benefited from its vertically integrated operations, enabling it to increase its presence in the supply chain for Application-Specific Integrated Circuits (ASICs) and capitalize on a sustained period of price increasesâmany items are selling at double last yearâs prices.
While electronic materials spearheaded the growth, the company also saw increases in revenue from plastic processing (up 1.4 billion NTD) with construction and automotive sectors contributing, and a smaller rise in polyester products (up 0.84 billion NTD) due to rising raw material prices. However, revenue from chemical products declined, primarily due to delayed shipments of Ethylene Glycol (EG) and weaker demand for plasticizers. The overall revenue jump represents a 13.71 billion NTD increase compared to October 2025, with a price difference of 91.8 billion NTD outweighing a 45.3 billion NTD volume difference.
Nan Ya Plastics is scheduled to host an investor conference on November 9th, suggesting management intends to further elaborate on these results and its strategic positioning. The companyâs success in capitalizing on the AI boom, coupled with its ability to navigate supply chain constraints and raw material price fluctuations, positions it for continued growth as the data center construction boom is expected to peak in 2027-2028.