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
Room 377, 4f, Building Behind, No. 201, Tung Hwa North Road, Taipei, 105
Website
www.fpcc.com.tw
Telephone
886 2 27122211
No of Employees
6,507
Industry
Chemicals
Ticker Symbol & Exchange
6505 (TPE)
Revenue (2022)
$28.5B
36.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-70.8%
(2022 vs 2021)
Market Cap*
$25.1B
Net Profit Margin (2022)
XYZ
-78.7%
(2022 vs 2021)
* As of and is in US$
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 |
|---|---|---|
| 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. |
| 2020 | Others | In January, the company announced to export very low-sulphur fuel oil (VLSFO) in response to strong demand driven by new global shipping regulations. |
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 | 16,293 | 8,007 | - | 239 |
| Entity Type | Public | Government | Public | Government | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Bao Lang Chen | Chairman | Executive Board | - | - |
| Mihn Tsao | Director; President | Executive Board | 2012 | - |
| Keh-Yen Lin | Director; Executive Vice President; Spokesperson | Executive Board | 2006 | - |
| Song-Yueh Tsay | Vice President-Refinery Division; Director | Executive Board | 2018 | - |
| Jui-Shih Chen | Director; Senior Vice President - Olefins Division | Executive Board | 2009 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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