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TAIPEI, TAIWAN – Skyrocketing oil prices prompted many companies to increase product prices in early 2008. Some are now experiencing record sales as a result. The four major subsidiaries of the Formosa Plastics Group (FPG) saw combined sales hit a historic high record of NT$160.5 billion (US$5.31 billion at US$1:NT$30.2) in May. The FPGs four major subsidiaries registered NT$704.3 billion (US$23.32 billion) in cumulative sales combined in the first five months of this year.

The Nan Ya division performance for May 2008 was NT$20.78 billion (US$688.07 million), up 8.6% year-on-year. It was the third-largest record in history. Nan Ya saw cumulative sales for 2008 reach NT$102.48 billion (US$3.39 billion) in the first five months of this year, an increase of NT$21.18 billion (US$701.32 million) when compared to the first five months of 2007.
MELVILLE, N.Y. - Park Electrochemical Corp. announced the appointment of Manuel Gonzalez as president of Neltec Europe SAS, Parks high-technology printed circuit materials business unit in Mirebeau, France. Prior to this appointment, Mr. Gonzalez was the manufacturing director of Neltec Europe SAS. From 1989 to April 2007 Gonzalez was Neltec Europe SAS quality manager. He received a degree in Chemistry from the Lyon School of Chemistry (E.S.C.I.L.) in 1981.

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