Formosa Plastics Corporation (1301.TW) TAI
Currency In TWD
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Formosa Plastics Corporation
Address
No. 100, Shuiguan Rd.
Kaohsiung, 814
Taiwan (Province of China)
Phone
886 7 371 1411
Website
Sector
Basic Materials
Industry
Chemicals - Specialty
Employees
7437
First IPO Date
January 04, 2000
Key Executives
| Name | Title | Pay | Year Born |
| Wen-Chiao Wang | MD & Executive Director | 50,000 | N/A |
| Wen-Yuan Wong | MD & Executive Director | 50,000 | N/A |
| Ruey-Yu Wang | MD & Executive Director | 50,000 | 1962 |
| Chi-Lin Wei | MD & Independent Director | 1.99M | 1949 |
| Jung-Hung Kao | Deputy General Manager | 4.46M | N/A |
| I-Chih Yeh | Deputy General Manager | 4.46M | N/A |
| Chao-Jung Chen | Deputy General Manager | 4.46M | N/A |
| Tony Liang | Executive Vice President | 6.31M | N/A |
| Jerry Lin | President | 7.51M | N/A |
| Zhen-Xiao Lei | Senior Vice President of Finance Division | 0 | N/A |
Description
Formosa Plastics Corporation operates as a leading manufacturer and global supplier, producing plastic raw materials, chemical fibers, and a diverse range of petrochemical products. The company's reach extends throughout Taiwan, mainland China, and various international markets. Its extensive plastics portfolio encompasses materials such as PVC, high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE), ethylene vinyl acetate (EVA) copolymer, polyethylene wax, polypropylene (PP), polyacetal, and various compound rubber particles. Beyond plastics, Formosa Plastics manufactures a broad spectrum of chemical substances. These include liquid caustic soda, solid alkali, liquid chlorine, vinyl chloride, dichloroethane, acrylonitrile, acetonitrile, methyl methacrylate, methacrylate, epichlorohydrin, methyl tertiary butyl ether (MTBE), acrylate, superabsorbent resin, and n-butanol. The corporation also develops and offers carbon fibers, in addition to providing advanced industrial computer systems for process control (DCS), warehouse logistics, real-time production management, safety monitoring, and laboratory information management. Further diversifying its offerings, Formosa Plastics supplies specialized items like dye-sensitized batteries, processing aids, impact modifiers, "haibo" products, chlorinated solvents, purified hydrogen, lithium-ion battery electrolytes, lime, calcium carbonate powder, hydrochloric acid, and antibacterial solutions. These versatile products are utilized across a wide array of applications and industries, including daily necessities, outdoor sports equipment, mechanical engineering, building materials and coatings, 3C home appliances, and various civil and agricultural livestock sectors. Formosa Plastics Corporation was established in 1954 and maintains its corporate headquarters in Kaohsiung, Taiwan.