Formosa Plastics Corp - Company Profile
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Formosa Plastics Corp (FPC), a subsidiary of Formosa Plastics Group, is a chemical manufacturing company. It manufactures and markets intermediate raw materials for plastics. The company’s product portfolio includes polyvinyl chloride (PVC) resins, vinyl chloride monomers (VCM), flake caustic soda, caustic soda, hydrochloric acid, high-density polyethylene (HDPE), ethylene-vinyl acetate (EVA)/low-density polyethylene (LDPE), and linear low-density polyethylene (LLDPE). FPC also provides calcium carbonate products; electronic systems such as automatic store/retrieve, automation, advanced process control, and power management systems, programming software and hardware for automated design and planning through its electronics department; antibacterial products; and engineering services. It has manufacturing plants in Taiwan. FPC is headquartered in Taipei, Taiwan.
Formosa Plastics Corp premium industry data and analytics
Products and Services
Products | Services |
---|---|
PVC Resins | Programming Software |
Liquid Caustic Soda | Engineering Design, Inspection, Evaluation, Configuration, and Acceptance |
Flake Caustic Soda | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Plans/Strategy | In March, the company announced its plans to invest US$530 million in Fujian Fuxin Special Steel in mainland China through Tianlong Investment Company. |
2024 | Plans/Strategy | In January, the company announced its plans to acquire a 50% stake in Taiwan Tokuyama Corp. |
2021 | Contracts/Agreements | In July, the company agreed to reinvest in Pribo to develop the world’s first anti-sticking compound rubber particles. |
Competitor Comparison
Key Parameters | Formosa Plastics Corp | Wanhua Chemical Group Co Ltd | Westlake Corp | Sinopec Shanghai Petrochemical Co Ltd | Yunnan Yuntianhua Co Ltd |
---|---|---|---|---|---|
Headquarters | Taiwan | China | United States of America | China | China |
City | Taipei | Yantai | Houston | Shanghai | Kunming |
State/Province | - | Shandong | Texas | Shanghai | Yunnan |
No. of Employees | 6,784 | 24,387 | 15,520 | 7,641 | 11,356 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Jason Lin | Chairman | Executive Board | 2018 | - |
Jerry Lin | Director; Senior Vice President - President Office and Administration Division | Executive Board | - | - |
Susan Wang | Director | Executive Board | - | - |
William Wong | Director | Executive Board | 2018 | - |
Wilfred Wang | Director | Executive Board | - | - |
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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