Formosa Plastics Corp (FPC) manufactures and markets intermediate raw materials for plastics. Its products include polyvinyl chloride (PVC) resins, PVC powder, carbon fibers, super absorbent polymers, acrylic fibers, hydrochloric acid, plastic modifier, acrylic acid and esters, normal butanol, and others. The company also provides a range of electronic systems such as automatic store/retrieve, automation, advanced process control, and power management systems. FPC produces and supplies various raw materials for plastics.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

The company carries out research and development (R&D) activities, to develop new products, improve production technology, upgrade management skills, prevent pollution, and enhance construction engineering, conserve resources, and research on industrial safety and sanitation technology. FPC focuses on adopting new technologies such as the Internet of Things (IoT), automation, and green technologies to upgrade and expand its R&D capabilities in the green industry, circular economy, and aerospace, and medical materials. The company received approval for 40 patents and leading to a total of 250 effective patents as of December 31, 2022. In FY2022, FPC spent TWD1,893.1 million on R&D, which accounted for 0.75% of the company’s revenue, and grew 10.5% YoY.