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HISTORY OF ACELON

From the establishment in 1988, the development history of Acelon Chemicals & Fiber Corp. can roughly include several stages as follows.


Founding period: From July of 1988 to December of 1989

In 1988, a group of professionals with practical experiences of many years sharing a dream raised funds and established Acelon Chemicals & Fiber Corp. The initial capital was only USD0.47 million. The factory was in Pu Yan, Chang Hua, beginning with the productions of nylon flat filament and nylon air textured yarn . Later on, with the supports from our clients and the stability of operations, the increase in the capital was made in succession, consequently, the paid-in capital was totaling USD1.8 million.

Growing period: From January of 1990 to November of 1992

In the aspect of improving the manufacturing process, ACELON practically applied the HOY production process which was the first domestically and successfully developed HOY. That made the production speed increase to 5000 meter, which was four times faster than the conventional FOY. This was not only the professional technical breakthrough in the professional manufacturing of synthetic fiber, it was also increasing the competitiveness for structure of manufacturing costs. In terms of developing new products, ACELON also had great achievements as successfully and developed himself Nylon Trilobal Bright filament . This has increased the domestic supplies of high quality synthetic fiber and makes importing the expensive equivalent from Japan unnecessary for domestic end users. Also, due to the stable quality of the product and reasonable sale price, the product immediately took over 70 % of domestic market share right after the very moment the product had been introduced into the market.

Exceptionally good product quality, topped by the excellent operation ability and performance of sales, during early 1990 to late 1991, ACELON continually expanded the production scale of nylon flat filament and built the warping plant, which made the name of ACELON famous as a domestic integrated manufacturing factory of chemical fiber. In April of 1992, ACELON was evaluated and elected by China Credit Information Service Ltd. as the third best performance of operations and sales of 1991 in domestic manufacturing industries which was a great positive admiration for all the hard work and effort our team had been making. With the continuous expansion of production scale, consequently, in succession, the cash capital increase and capital increase by capital surplus had been made. As of September of 1992, the paid-in capital rose to USD 11 million. In the meantime, the Securities and Futures Bureau under the Ministry of Finances granted as an Initial Public Offering enterprise.

Developing period: From November of 1992 to March of 1994

In November of 1992, the construction of FanYuan plant in which ACELON invested about USD 22 million was completed. In December the same year, the testing operations for the factory were completed. The factory accordingly joined the production system and mainly produced new synthetic filament of polyester. Meanwhile, the second stage of expanding construction of the Pu Yan warping plant had also finished the testing operations. Until this moment, ACELON had established the completely integrated production system of nylon, polyester and polypropylene filament. In terms of production scale, the production capacity of nylon filaments is the third largest manufacturing plant in Taiwan, while the products of polyester filaments the ninth largest.

In the year of 1992, the turnover volume of ACELON made a breakthrough exceeding USD31 million, also listed among the group of the biggest 500 domestic industries.

In late 1993, ACELON had developed the pioneering production of "self split" conjugated micro filament, which also helped the end users lower the process costs of "weight reduction" in great proportion and promote technical standards and competitiveness for domestic textile industry.

Transforming period: From 1994 until now

It was, for the past years, all the hard works of all the staff members of our company that made ACELON grew step by step. ACELON has been consistently performing well and making excellent achievements since its cash capital increase factories expansion and more facility purchases in middle 1995.

In July of 1995, ACELON was granted the patent by the Intellectual Property Office under the Ministry of Economics for "manufacturing of self split of conjugate filament". In November of the same year, the self-developed Ultra fine micro conjugate filament were recognized by Ministry of Economics as a dominant new product. In December ACELON also passed ISO 9002 International Quality Assurance Certificate of the Bureau of Standards, Metrology and Inspection under the Ministry of Economics.

In 1996, ACELON obtained the patent with "Method of cellulose solution suitable for high speed spinning" from the intellectual Property Office under the Ministry of Economics and became the first company in the textile industry which had passed the examinations on ISO 9001 International Quality Assurance Certificate from the Bureau of Standards, Metrology and Inspection under the Ministry of Economics. In 1997, due to the thoroughly implementation of development, ACELON was recognized by the Industrial Development Bureau under the Ministry of Economics as an outstanding manufacturer for developing new products and awarded by the Ministry of Economics the manufacturing technologies development award. The stock of ACELON had been publicly traded on the stock market becoming the new force of the textile stocks. In the very same year, the factory expansion of Ultra fine micro conjugate filament was begun. As of December, the total amount of invention patents granted was 8.

In late 2001, ""Manufacture process of cellulose viscous color reducing and polymerization declining" was granted the patent by the Intellectual Property Office under the Ministry of Economics and that also made it the 14th invention patent. In recent few years, our company continuously developed functional products, such as far infrared filament , moisture absorb and sweat expel filament, anti bacteria and odor preventing, filament, bamboo charcoal filament and so forth. And those products have also been obtaining supports from the markets and continuously been produced for orders.

In the end of 2003, our company set up finished product department, the New Fiber Department, developing and designing finished new products for the market sale. In 2006, according to the statistic data published by Business Weekly on the 1000 largest manufacturers, ACELON was ranked as the 529 place.

Though the competitions in the synthetic fiber industry are so keen, ACELON has still insisted on our quality policy: Quality Insistence and Excellence Pursuit . We are devoted to uniting from upstream manufacturers to downstream end users together and developing the healthy, high-tech and functional textile products to present the features of diversity on the products, creating the most additive values for the textile products. We believe that with highly functional fiber material, we can definitely highlight the difference and diversity of our products from others and stay in the leading position on the market. This is extremely helpful for both our company and the whole textile industry in Taiwan.

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