Formosa Plastics Corp
Formosa Plastics Corporation (Chinese: 台灣塑膠公司; lit. 'Taiwan Plastics Company') is a Taiwanese plastics company based in Taiwan (formerly called "Formosa") that primarily produces polyvinyl chloride (PVC) resins and other intermediate plastic products. It is the corporation around which influential businessman Wang Yung-ching formed the Formosa Plastics Group, and it remains central to the Group's petrochemical operations. The president of Formosa Plastics Corp. (FPC) is Jason Lin (林健男).
Native name | 台灣塑膠公司 |
|---|---|
Romanized name | Táiwān sùjiāo gōngsī |
| Company type | Public |
Traded as | TWSE: 1301 |
| Industry | Chemicals |
| Founded | 1954 |
| Headquarters | Kaohsiung City, Taiwan |
Key people | Lee Chih-tsuen (李志村) (President) |
| Products | PVC (Polyvinyl Chloride) resins, high density polyethylene, tairylan acrylic fiber, acrylic acid and ester, carbon fiber, caustic soda, PVC modifier, calcium carbonate |
| Total assets | US$16.3 billion |
Number of employees | 10,000 |
| Website | www.fpc.com.tw www.fpcusa.com |
In 2019, Chemical & Engineering News ranked Formosa Plastics as the world's sixth largest chemical company by sales in 2018, with US$36.9 billion. That same year, Forbes ranked the company as No. 758 on its Global 2000 list of the world's largest public companies. Formosa has received substantial criticism over widespread pollution and reprisal tactics against environmental activists.