Formosa Plastics
Overview
Formosa Plastics Corporation is a Taiwanese petrochemical company producing polyvinyl chloride (PVC), polyethylene, and other plastic resins. It is part of the Formosa Plastics Group, one of the largest conglomerates in Taiwan, with significant market share in Asia and global exports.
Description
Formosa Plastics leverages integrated production from naphtha cracking to downstream plastics, competing with Sinopec and LyondellBasell. Its strategic advantage lies in vertical integration and cost efficiency within the petrochemical sector.
Founded1954
Employees6,000+
Market CapUS$10-50 billion
RevenueUS$5-10 billion
Listed OnTaiwan Stock Exchange
TickerTPE:1301
CEOJason Wang
HeadquartersTaipei, Taiwan