Everest Textile Co. Ltd. listed on the Taiwan Stock Exchange.

Established P.E.T. Packaging (Malaysia) Ltd. to expand overseas productivity.

DuPont-Far Eastern Co., Ltd., later renamed Far Eastern Invista Corporation, was created in cooperation with DuPont of the United States, with a projected investment in the production of high-tech nylon 66.

Fire broke out at Far Eastern Department Stores Baoqing store. The fire spread to Far Eastern Textile, Asia Cement, Far Eastern Department Stores Baoqing store and the business center of Oriental Securities Co.

Far Eastern Textile’s board was reorganized, electing Mr. Douglas Tong Hsu as Chairman of the Board.