Formosa Petrochemical Corp - Company Profile
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Formosa Petrochemical Corp (FPCC), a subsidiary of Formosa Plastics Group, refines crude oil and sells refined petroleum products and olefins. The company operates refineries and integrated petrochemical complexes. It imports, exports, markets, stores, and transports crude oil, gasoline, naphtha, propane and other feedstock. It operates co-generation plants to provide steam and electricity to industrial plants. The company also exports and imports liquefied petroleum gas and petroleum products. It also produces and sells inorganic gases such as nitrogen, oxygen, and compressed air. The company has an operational presence in the markets of Taiwan, Southeast Asia, China, Hong Kong, and North America. FPCC is headquartered in Yunlin, Taiwan.
Headquarters
Taiwan
Address
No.1-1, Formosa Petrochemical Industrial Park, Z, Yunlin County, 638
Website
www.fpcc.com.tw
Telephone
886 2 27122211
No of Employees
6,507
Industry
Chemicals
Ticker Symbol & Exchange
6505 (TPE)
Revenue (2024)
$20.1B
-5.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
65.4%
(2024 vs 2023)
Market Cap*
$20.6B
Net Profit Margin (2024)
XYZ
75.6%
(2024 vs 2023)
* As of and is in US$
Formosa Petrochemical Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Diesel | Service Stations |
| Fuel Oil | Cards Services |
| Gasoline | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In August, the company awarded a contract to Kawasaki Heavy Industries for the engineering, procurement, and construction of LNG tanks for the Mailiao LNG Terminal in Mailiao Industrial Complex, Yunlin, Taiwan. |
| 2024 | Commercial Operation | In April, the company commenced operations at the port at its Mailiao oil refinery. |
| 2022 | Others | In June, the company announced the arrival of Russian oil products. |
Competitor Comparison
| Key Parameters | Formosa Petrochemical Corp | CPC Corp | Sinopec Shanghai Petrochemical Co Ltd | Sinofert Holdings Ltd | Korea National Oil Corp |
|---|---|---|---|---|---|
| Headquarters | Taiwan | Taiwan | China | Hong Kong | South Korea |
| City | Yunlin County | Taipei | Shanghai | Hong Kong | Ulsan |
| State/Province | Yunlin | - | Shanghai | - | - |
| No. of Employees | 6,507 | 16,637 | 6,996 | 4,371 | - |
| Entity Type | Public | Government | Public | Public | Government |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mihn Tsao | Chairman | Executive Board | 2012 | - |
| Keh-Yen Lin | Director; President | Executive Board | 2006 | - |
| William Wong | Managing Director; Director | Executive Board | 2024 | - |
| Ruey Yu Wang | Director; Managing Director | Executive Board | 2024 | - |
| Te-Hsiung Hsu | Director; Executive Vice President | Executive Board | 2018 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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