Taiwan's chip-chemicals supplier Shang Pin is running its plants flat out and adding more capacity, which is good news for the company and its investors.

• Analysts rate the stock a buy with a price target of NT$245, after first-half sales came in as expected and profit margins bounced back.
• Its Taiwan plants are running at full capacity, and its China plants climbed to near-full output in the second quarter.
• A new expansion lifted Taiwan capacity by about a third and came online late in the second quarter.
• Demand comes from advanced chipmaking, which needs more chemical tanks and tanker trucks, so chip and chemical plants keep asking for quotes and the order book keeps growing.

Outlook: New fabs, advanced packaging plants, and memory plants being built in Taiwan and the US should keep orders flowing, and the fresh capacity is expected to fill up fast.