FEATURE: ASI TOP 20

Modern corporate campus featuring the curved NANPAO building, green landscaping, and parking grid under a blue sky.

NO. 13

Nan Pao Resins Chemical Co., Ltd.

Location: Tainan City, Taiwan

www.nanpao.com

CEO: Ming-Hsien Hsu

Image courtesy of Nan Pao Resins.

Founded in 1963, Nan Pao is a leading manufacturer of specialty adhesives, footwear adhesives, liquid and powder coatings, hot-melt adhesives, and construction materials in Taiwan. The company employs over 2,800 people throughout the world. It has 27 factories in seven countries, including China, Vietnam, Indonesia, Malaysia, Thailand, India, the Philippines, Singapore, and Australia.

Consolidated revenue for 2025 is estimated to be around NT$23-24 billion (approximately $730-750 million USD). ASI estimates that adhesives accounted for approximately 71% of that revenue, or about NT$16.7 billion (~$520-$530 million). Nan Pao invests 2.5% of its revenue to researching new technologies.

Sources: Company website, press releases