Formosa Plastics Corp (FPC), a subsidiary of Formosa Plastics Group, is a chemical manufacturing company. It manufactures and markets intermediate raw materials for plastics. The company’s product portfolio includes polyvinyl chloride (PVC) resins, vinyl chloride monomers (VCM), flake caustic soda, caustic soda, hydrochloric acid, high-density polyethylene (HDPE), ethylene-vinyl acetate (EVA)/low-density polyethylene (LDPE), and linear low-density polyethylene (LLDPE). FPC also provides calcium carbonate products; electronic systems such as automatic store/retrieve, automation, advanced process control, and power management systems: programming software and hardware for automated design and planning through its electronics department; and engineering services. It has manufacturing plants in Taiwan. FPC is headquartered in Taipei, Taiwan.
Headquarters
Taiwan
Address
No.100, Shuiguan Road, Zhuhou Li, Renwu District, Kaohsiung, 814
Website
www.fpc.com.tw
Telephone
886 2 27122211
No of Employees
6,784
Industry
Chemicals
Ticker Symbol & Exchange
1301 (TPE)
Revenue (2021)
$9.8B
47.2%
(2021 vs 2020)
EPS
XXX
Net Income (2021)
XXX
256.1%
(2021 vs 2020)
Market Cap*
$22.0B
Net Profit Margin (2021)
XXX
141.9%
(2021 vs 2020)
* As of and is in US$
Products and Services
| Products | Services |
|---|---|
| PVC Resins | Programming Software |
| Liquid Caustic Soda | Engineering Design, Inspection, Evaluation, Configuration, and Acceptance |
| Flake Caustic Soda | |
| XXX | |
| XXX | |
| XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2021 | Contracts/Agreements | In July, the company agreed to reinvest in Pribo to develop the world’s first anti-sticking compound rubber particles. |
| 2021 | Others | In July, the company used discarded oyster shells as raw materials for manufacturing Formosa Plastics Antibacterial Shell Powder. |
| 2021 | Financing Agreements | In January, the company announced its plans to invest US$3.6 billion in Taiwan, China and the US to expand its production capacity. |
Competitor Comparison
| Key Parameters | Formosa Plastics Corp | Wanhua Chemical Group Co Ltd | Sinopec Shanghai Petrochemical Co Ltd | Westlake Corp | Yunnan Yuntianhua Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Taiwan | China | China | United States of America | China |
| City | Kaohsiung | Yantai | Shanghai | Houston | Kunming |
| State/Province | - | Shandong | Shanghai | Texas | Yunnan |
| No. of Employees | 6,784 | 19,692 | 8,230 | 14,550 | 11,379 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Operating Margin
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jason Lin | President; Chairman | Executive Board | 2018 | - |
| Jerry Lin | Director; Senior Vice President - President Office and Administration Division | Executive Board | - | - |
| Jen-Long Wu | Vice President - Polyolefin Division | Senior Management | - | - |
| William Wong | Executive Director | Senior Management | 2018 | - |
| Ray Lei | Vice President - Finance Division | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
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