Formosa Chemicals & Fibre Corp - Company Profile
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Formosa Chemicals & Fibre Corp (FCFC), a subsidiary of Formosa Plastics Group (FPG), is a manufacturer of chemicals, fibers, and petrochemical and plastic materials. Its product portfolio includes purified terephthalic acid, butadiene, benzene, para-xylene, ortho-xylene, styrene monomer, polystyrene, resins, rayon staple fiber, nylon fiber and yarn products. The company’s products find application in paint, engineering plastics, refrigerators, pipe fittings, plates, fabrics, industrial equipment, clothing accessories, packaging materials, lighting devices and medical markets. FCFC also carries out spinning, weaving, dyeing and finishing. The company offers engineering and construction services for diverse sectors including oil refineries, electric power plants, synthetic fiber plants, petrochemical plants, and textile spinning and weaving plants. FCFC is headquartered in Taipei, Taiwan.
Headquarters
Taiwan
Address
No. 359, Section 3, Jhongshan Road, Chung Chuang Li, Taipei, 114
Website
www.fcfc.com.tw
Telephone
886 2 27189898
No of Employees
18,585
Industry
Chemicals
Ticker Symbol & Exchange
1326 (TPE)
Revenue (2022)
$10.7B
-12.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
16.2%
(2022 vs 2021)
Market Cap*
$9.9B
Net Profit Margin (2022)
XYZ
32.5%
(2022 vs 2021)
* As of and is in US$
Formosa Chemicals & Fibre Corp premium industry data and analytics
Products and Services
| Products |
|---|
| Petrochemical |
| Benzene |
| Para-Xylene |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In March, the company announced its plans to acquire Hong Jing Resources. |
| 2022 | Contracts/Agreements | In September, the company joins hands with the toy base to advance to jinmen! advocate ocean protection and promote resource reuse. |
| 2021 | Contracts/Agreements | In March, the company collaborated with Wang Zhanyang Foundation and the Yunlin County Government to donate funds for promoting vaccination for girls for 9-valent HPV vaccine. |
Competitor Comparison
| Key Parameters | Formosa Chemicals & Fibre Corp | UPC Technology Corp | Eternal Materials Co Ltd | China Petrochemical Development Corp | Grand Pacific Petrochemical Corp |
|---|---|---|---|---|---|
| Headquarters | Taiwan | Taiwan | Taiwan | Taiwan | Taiwan |
| City | Taipei | Taipei | Kaohsiung | Kaohsiung | Taipei |
| State/Province | - | Taipei | - | - | - |
| No. of Employees | 18,585 | 1,381 | 4,404 | 1,301 | 379 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Fu Yuan Hung | Chairman | Executive Board | - | - |
| Wen-Chin Lu | Director; President | Executive Board | - | - |
| Rui-long Chen | Managing Director; Director | Executive Board | - | - |
| Wei-Keng Chien | Director; Senior Vice President | Executive Board | - | - |
| Ying-Ta Fang | Executive Vice President; Director | Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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