Entity

Formosa Plastics Corporation is the founding company and cornerstone of Taiwan's Formosa Plastics Group, established in 1954. The company pioneered Taiwan's plastics industry and is now one of the world's largest producers of polyvinyl chloride (PVC) resins and polyolefins.

Core Products

PVC Resins:

• Global PVC capacity of 3.23 million tons/year across Taiwan (Mailiao, Linyuan, Renwu) and U.S. operations (Point Comfort, Texas; Baton Rouge, Louisiana; Delaware City, Delaware)​

Other Products:

• In addition to producing PVC, it makes several other plastic products: acrylic acid & ester, LDPE and HDPE, caustic soda, chlorine, calcium carbonates, and hydrochloric acid.

Business Evolution

1954-1957: Founded with US$798,000 loan from U.S. aid agencies, licensed Japanese PVC technology​

1958: Established Nan Ya Plastics as downstream processor consuming over half of FPC's PVC output​

1968: Implemented professional management systems and computerization under Group Administration​

1981: International expansion began with acquisition of loss-making VCM plant in Baton Rouge, Louisiana, turning it profitable within five years​

1992-1998: Participated in developing Taiwan's Sixth Naphtha Cracker Complex at Mailiao, receiving ethylene feedstock from FPCC's crackers​

Global Operations

FPC operates manufacturing sites across Taiwan (Mailiao, Linyuan, Renwu), United States (Point Comfort, Baton Rouge, Delaware City), and maintains investments in China, Vietnam, Philippines, and Indonesia through the broader Formosa Plastics Group network.​

Subsidiaries include Formosa Plastics Corporation, USA, which produces PVC in the US, as well as basic chemicals. Other members of the Formosa Plastics Group include Formosa Chemicals & Fiber Corp, Formosa Petrochemical, and Nanya Plastics.

Management Philosophy: Vertical integration, commodity focus, efficient production, and cost control—principles established by founder Y.C. Wang.