Formosa Petrochemical Corp - Company Profile

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Formosa Petrochemical Corp: Overview

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.

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Headquarters Taiwan

Address Room 377, 4f, Building Behind, No. 201, Tung Hwa North Road, Taipei, 114


Telephone 886 2 27189898

No of Employees 6,507

Industry Chemicals

Ticker Symbol & Exchange 6505 (TPE)

Revenue (2022) $22.9B -16% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 51.8% (2022 vs 2021)

Market Cap* $21.4B

Net Profit Margin (2022) XYZ 80.6% (2022 vs 2021)

* As of and is in US$
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Formosa Petrochemical Corp premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Formosa Petrochemical Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Diesel Service Stations
Fuel Oil Cards Services
Gasoline
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
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.
2022 Business / Operations Closure In January, the company shut its 36,000 barrel-per-day hydrocracker at its Mailiao refinery.
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Competitor Comparison

Key Parameters Formosa Petrochemical Corp CPC Corp Sinopec Shanghai Petrochemical Co Ltd Korea National Oil Corp Taiwan Cogeneration Corp
Headquarters Taiwan Taiwan China South Korea Taiwan
City Taipei Kaohsiung Shanghai Ulsan Taipei
State/Province - Gaoxiong Shanghai - -
No. of Employees 6,507 16,682 7,526 - 239
Entity Type Public Government Public Government Public
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Executives
Name Position Board Since Age
Bao Lang Chen Chairman Executive Board - -
Mihn Tsao President; Director Executive Board 2012 -
Keh-Yen Lin Executive Vice President; Director; Spokesperson Executive Board 2006 -
Song-Yueh Tsay Vice President-Refinery Division; Director Executive Board 2018 -
Te-Hsiung Hsu Vice President-Oil Products Division; Director Executive Board 2018 -
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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