BNET Industries

Formosa Plastics Corp.

1301 is in the Manufacturing Industry

Last Fiscal Year Sales:$4.8B

Public
TW

Dow Jones Description

Formosa bags it! Formosa Plastics Corporation (Taiwan: FPC), based in Taipei, Taiwan, manufactures and sells plastic-related products. It is one of the world's largest producers of polyvinyl chloride (PVC), and offers acrylic fiber and yarn, polyethylene, caustic soda, chlorine, calcium carbonate, and acrylic acid. It also makes super absorbent polymers, chlorides, paraffin waxes, shopping bags, garbage bags and other plastic-related products. The company was founded in 1954, has revenue of about $4 billion and employs about 5,400 people. It has various joint ventures, including Formosa Asahi Spandex, with Asahi Chemical Industry, and Formosa Komatsu Silicon with Komatsu Electronic Metals, a maker of silicon wafers.

Chairman & President

Number of Employees 5,242

Contact Information

201 Tun Hwa North Road 4th Floor

Taipei

(886) 2 2712 2211

Peer Companies

NAICS Code Yarn Texturizing, Throwing, and Twisting Mills: 313112

Recent Events

Taiwan stocks - Factors to watch - Oct 29

10/28/09 - Financial Announcement - View Story

News & Analysis

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formosa plastics corp. and formosa plastics corp. usa - All News and Analysis

Formosa's choice: rebuild or relocate?(Opinion)(Formosa Plastics Corporation U.S.A.)

- 2005-05-30

Formosa Plastics Corp. USA is facing a tough choice in Illiopolis, Ill. In the wake of the April 2004 explosion that killed five workers and destroyed most of Formosa's specialty PVC resin plant in that small Midwestern town, Formosa publicly has said it will...

Tags: Formosa Plastics Corp., Formosa Plastics Corp. USA
After blast, Formosa removing feedstock.(News)

- 2004-07-05

Formosa Plastics Corp. USA is removing PVC feedstocks from its damaged resin plant in Illiopolis, Ill. Livingston, N.J.-based Formosa is transporting 20-25 rail cars of vinyl chloride monomer and vinyl acetate monomer to make cleanup easier at the plant, which was damaged in an...

Tags: Formosa Plastics Corp., Formosa Plastics Corp. USA
Formosa Plastics to spend $4.3 million to resolve environmental violations. (News).(Brief Article)

- 2002-10-21

FORMOSA PLASTICS Corp. USA has agreed to spend more than $4.3 million to resolve violations of state clean air and clean water laws at its Baton Rouge, La., chemical plant. Under a settlement with the Louisiana Department of Environmental Quality DEQ,...

Tags: Formosa Plastics Corp., FORMOSA PLASTICS Corp. USA
Pavilion, Formosa Plastics team. (IT in Brief).(Brief Article)

- 2002-07-22

Formosa Plastics Corp. USA has successfully implemented Pavilion Technologies Inc.'s polyolefins advanced control solution on Formosa's two gas phase polyethylene lines, which use the BP Innovene process. In 2000, Pavilion and BP formed a strategic alliance that resulted in the development of configured software solutions ...

Tags: BP Plc, Formosa Plastics Corp., Formosa Plastics Corp. USA
Formosa to buy PVC plant from BCP for $35 million. (News).(Formosa Plastics Corporation U.S.A. to acquire polyvinyl chloride plant from Borden Chemicals and Plastics Operating L.P.)(Brief Article)(Statistical Data Included)

- 2002-03-18

FORMOSA PLASTICS Corp. USA has entered into an agreement to buy the Illiopolis, I11.-based polyvinyl chloride PVC operations of Borden Chemicals and Plastics Operating LP BCP for roughly $35 million, subject to adjustments for working capital and other items. The transaction also requires the approval of...

Tags: Formosa Plastics Corp., FORMOSA PLASTICS Corp. USA

Polypropylene producers seek 5-cent increase.(Industry Overview)

- 2002-01-28

RISING CAPACITY utilization rates and an optimistic economic outlook are prompting North American polypropylene producers to launch a 5-cent increase for February 1. However more new capacity is slated to come on stream later this year, and that could push operating rates and margins down again....

Tags: Formosa Plastics Corp., Formosa Plastics Corp. USA, Huntsman Corp., Sunoco Inc.
Formosa $1 billion expansion on schedule.(Brief Article)

- 2000-09-11

Formosa Plastics Corp. USA is in the home stretch of a massive expansion that will add more than 1.5 billion pounds of polyolefins capacity at its Point Comfort, Texas, location by the first quarter of 2001. The Livingston, N.J.-based firm also is undertaking a...

Tags: Formosa Plastics Corp., Formosa Plastics Corp. USA

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Decision Makers

Name (plus bio)	Position
Jason Lin	Executive Vice President
Chi-Hsiung Hsiao	Senior Vice President
Jerome C.L. Ko	Senior Vice President
T.J. Huang	Senior Vice President, Investor Relations
Benny Chang	Vice President
Biing-Chin Chen	Vice President
Dah-Jye Yu	Assistant Vice President
Guo-Horng Wei	Vice President
Han-Fu Lin	Vice President
Tze-Fong Chang	Vice President
Uen-Long Yang	Vice President
Wen-Song Chang	Vice President
Y.C. Chen	Vice President
W.U. Wang	Executive Director
Wilfred Wang	Executive Director
Z.H. Wang	Executive Director
Z.L. Yang	Executive Director
Robbie Priest	Supervisor

Board of Directors

Name (plus bio)	Position
Chih-Tsuen Lee	Chairman & President
C.S. Wang	Vice Chairman
C.T. Lee	Board of Directors
Felix Ho	Board of Directors
I-Kai Wang	Board of Directors
Jiann-San Yang	Board of Directors
Tsung-Chang Lee	Board of Directors
Y.C. Wang	Board of Directors
Y.T. Wang	Board of Directors

Organization	Position	Status
Formosa Plastics Corporation	Chairman & President	Current

Organization	Position	Status
Formosa Plastics Corporation	Executive Vice President	Current
Formosa Plastics Corporation	Board of Directors	Current

Organization	Position	Status
Formosa Plastics Corporation	Senior Vice President	Current
Formosa Plastics Corporation	Board of Directors	Current

Organization	Position	Status
Formosa Plastics Corporation	Senior Vice President	Current
Formosa Plastics Corporation	Board of Directors	Current

Organization	Position	Status
Formosa Plastics Corporation	Senior Vice President, Investor Relations	Current

Organization	Position	Status
Formosa Plastics Corporation	Vice President	Current

Organization	Position	Status
Formosa Plastics Corporation	Vice President	Current
Formosa Plastics Corporation	Board of Directors	Current

Organization	Position	Status
Formosa Plastics Corporation	Assistant Vice President	Current

Organization	Position	Status
Formosa Plastics Corporation	Vice President	Current
Formosa Plastics Corporation	Board of Directors	Current

Organization	Position	Status
Formosa Plastics Corporation	Vice President	Current
Formosa Plastics Corporation	Board of Directors	Current

Organization	Position	Status
Formosa Plastics Corporation	Vice President	Current

Organization	Position	Status
Formosa Plastics Corporation	Vice President	Current
Formosa Plastics Corporation	Board of Directors	Current

Organization	Position	Status
Formosa Plastics Corporation	Vice President	Current

Organization	Position	Status
Formosa Plastics Corporation	Vice President	Current
Formosa Plastics Corporation	Board of Directors	Current

Organization	Position	Status
Formosa Plastics Corporation	Executive Director	Current
Formosa Plastics Corporation	Board of Directors	Current

Organization	Position	Status
Formosa Petrochemical Corporation	Chairman & President	Current
Formosa Plastics Corporation	Executive Director	Current
Formosa Plastics Corporation	Board of Directors	Current
Formosa Chemicals & Fibre Corporation		Former

Organization	Position	Status
Formosa Plastics Corporation	Executive Director	Current
Formosa Plastics Corporation	Board of Directors	Current

Organization	Position	Status
Formosa Plastics Corporation	Executive Director	Current
Formosa Plastics Corporation	Board of Directors	Current

Robbie Priest, St. Francisville, LA, is a big asset at Tatum; he has introduced us to many faithful clients that hunt at Tatum year after year. Robbie is a supervisor at Formosa Plastics, Baton Rouge . His job at Tatum is to make sure everyone has a good time and enjoys themselves.

Organization	Position	Status
Formosa Plastics Corporation	Supervisor	Current
Tatum Plantation		Current

Organization	Position	Status
Formosa Plastics Corporation	Vice Chairman	Current
Formosa Plastics Corporation	Board of Directors	Current

Organization	Position	Status
Formosa Plastics Corporation	Board of Directors	Current
Formosa Plastics Corporation	President	Former

Organization	Position	Status
Formosa Plastics Corporation	Board of Directors	Current

Organization	Position	Status
Formosa Plastics Corporation	Board of Directors	Current

Organization	Position	Status
Formosa Plastics Corporation	Board of Directors	Current

Organization	Position	Status
Formosa Plastics Corporation	Board of Directors	Current

Organization	Position	Status
Formosa Plastics Corporation	Board of Directors	Current
Formosa Plastics Corporation	Chairman	Former

Organization	Position	Status
Formosa Plastics Corporation	Board of Directors	Current

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