Formosa Plastics Corporation reported consolidated sales results for January 2023. The consolidated sales of TWD 14.4 billion in January 2023 decreased by TWD 2.25 billion and was down by 13.5% from December 2022. The reasons were as follows: The sales volume of the Company in January 2023 decreased by 88,000 MT from December 2022, because the sales spread of volume decreased, given falling demand and fewer days of delivery as the processing customers of the downstream shut down during Chinese New Year period of January 20 to 29, and the southern complexes of the Company were in turnaround to match up the natural gas pipe connection of CPC.