BNET Industries
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
Chih-Tsuen LeeNumber of Employees 5,242
Peer Companies
NAICS Code Yarn Texturizing, Throwing, and Twisting Mills: 313112
Recent Events
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Taiwan stocks - Factors to watch - Oct 29
News & Analysis
Filter by
formosa plastics corp. and the dow chemical co. - All News and Analysis
Building boom
- 2008-01-01
When Dow Chemical announced last month that it was planning a $19 billion global venture, it reaffirmed that growth of the area's petrochemical industry represents stronger positioning in U.S. and world markets. For the Capital Region, it represents an economic windfall from new construction and job growth with billions committed...
Olefins markets split as propylene shows some strength.
- 2003-08-04
FOLLOWING a difficult second quarter in which demand fell off considerably, the olefins market appears to be stabilizing. However, the level at which it stabilizes may leave producers unhappy as they feel a squeeze from feedstocks and weak downstream demand. The first...
Billion-Dollar Club: The new lineup. (Cover Story).(Dow Chemical)
- 2002-12-04
Dow Chemical has become the grand pooh-bah of the chemical industry, ranking first in CW's annual Billion-Dollar Club ranking of companies by chemical sales, and taking the place of last year's titleholder, DuPont. Dow posted 2001 sales of $27.8 billion, thanks to its February 2001 acquisition...
Ethylene pricing shows signs of firming. (Petrochemicals).(new capacity, overcapacity)(Brief Article)
- 2002-03-25
UNREST THROUGHOUT the Middle East and resulting tighter crude oil prices are putting upward pricing pressure on the product chain from gasoline to plastics. Olefins pricing also threatens to strengthen although contract negotiations have proven slow as producers and buyers seem reluctant to settle for fear...
Outages fail to prop up Ethylene. (Olefins).(market oversupplied despite plant outages)(Brief Article)(Statistical Data Included)
- 2002-01-23
A RASH OF CRACKER OUTAGES ON THE GULF COAST IS UNLIKELY TO stem ethylene price declines because of overcapacity and plant startups, marker players say. "The market is so oversupplied now that plant shutdowns don't matter," one producer says. Operating rates are about 75%, sources say....
PRICES.(overview of ethylene dichloride industry)(Brief Article)(Statistical Data Included)
- 2001-09-19
U.S.: 4.00 cts-4.25 cts/lb fob Gulf Coast, spot EUROPE: $78-$80/m.t. fob, spot ASIA: $120-$125/m.t. c&f, spot OUTLOOK Ethylene dichloride EDC producers are again facing price pressure after a temporary climb in prices in August and September. Low...
POLYPROPYLENE.
- 1999-06-28
Suppliers are putting out their third round of price increases this year. Montell Polyolefins and BP-Amoco have 2c. per pound increases for all grades of polypropylene, effective July 1 and July 15 respectively. Dow Chemical Company and Union Carbide Corporation are also said to have 2c....
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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 |
Industry Transcripts by Seeking Alpha
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Deere & Company F4Q09 (Qtr End 10/31/09) Earnings Call Transcript
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Valspar Corp. F4Q09 (Qtr End 30/10/09) Earnings Call Transcript
on Nov 23, 2009about VAL
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