Formosa Chemicals & Fibre Corp - Company Profile
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Business Description
Formosa Chemicals & Fibre Corp (FCFC) is primarily engaged in the production and sale of petrochemical products. Its product portfolio includes para-xylene, ortho-xylene, benzene, toluene, meta-xylene, styrene monomer, phenol, acetone, pure terephthalic acid, high acetic acid, purified isopropyl alcohol, polystyrene, polypropylene, polycarbonate, acrylonitrile butadiene styrene, nylon chips, nylon filaments, rayon fiber, synthetic spun yarn, and blend spun yarn.
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R&D Overview
FCFC focuses on R&D activities in cyclical petrochemical and textile markets, emphasizing sustainability and operating efficiency. Key initiatives include process improvement and debottlenecking across chemical chains such as aromatics, styrene/phenol/acetone, and PTA. The company is also developing higher value-added and differentiated polymer/fiber grades to meet tighter customer specifications. Additionally, FCFC is enhancing reliability, safety, and energy efficiency through automation and equipment renewal. Specific projects include increasing ASA production capacity, developing high rubber powder, upgrading PP plant regulation/control systems, updating the phenol plant PLC control panel, and renewing phenol plant heat-exchanger tube bundles. These efforts aim to improve yield, product quality stability, and unit operating cost while reducing unplanned downtime. R&D also supports green-energy applications and downstream functional materials, aligning with decarbonization and energy-transition trends by improving resource efficiency, reducing emissions intensity, and enabling better-performing products in customer applications.
Business Segments
- 1st Petrochemical Division
- 2nd Petrochemical Division
- 3rd Petrochemical Division
- Formosa Taffeta Co., Ltd.
- Green Energy Division
- Other Divisions
- Plastics Division
Overview
It is responsible for the production and sale of benzene, toluene, para-xylene, ortho-xylene, and meta-xylene.
Performance
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Overview
Manufactures and sells styrene monomer, phenol, and acetone. Styrene monomer (SM) is used to manufacture polystyrene (PS); phenol is used to manufacture propylene glycol (BPA), phenolic resin, cyclohexanone, and nonyl phenol. The company’s products find application in the paint, varnish, and lacquer solvent industries.
Performance
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Overview
It manufactures and sells purified terephthalic acid (PTA) and purified isopropyl acid (PIA). PTA is used to produce polyester, while PIA is the copolymer raw material of polyester. The company’s products find application in textiles, polyester bottles, polyester industrial filament, engineering plastic, coating resin, and plasticizers.
Performance
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Overview
It manufactures and sells blended fabric; spun fabric; cross-woven fabric; polyamine and polyester fabric; epidemic fabric; designer sportswear fabric; high-tech and functional fabric; tire cord fabric; pure cotton yarn; blended yarn; various functional yarn; fireproof fabric; and anti-static cloth and industrial fabric. It also operates petrol stations to sell petroleum, diesel fuel, kerosene, and small packages of petroleum products and provides car wash services.
Performance
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Overview
It offers solar energy and small hydropower generation.
Performance
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Overview
Includes other services the company offers such as marketing, investment, and wholesale and retail of petrochemical products.
Performance
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Overview
It manufactures and sells polypropylene, ABS, and PC. The segment operates through Formosa PS (Ningbo) Co Ltd and ABS Plastics (Ningbo) Co Ltd. It serves textiles, dyeing, shipping, and educational and medical sectors.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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