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
-
Taiwan stocks - Factors to watch - Oct 29
-
Formosa Plastics Q2 net profit beats forecast
News & Analysis
Filter by
formosa plastics corp. - All News and Analysis
Petrochemicals: still growing: with the demand for chemicals growing well above world GDP, this is an exciting time to be in the petrochemical industry
Over the next 10 years, some 60% of the world's petrochemicals growth will be in Asia. By 2015, Asia could account for half of global petrochemicals demand, half of it from China. Growth rates of 10%/year in China dwarf the expected 3%/year growth in Europe and North America, although this...
Formosa Plastics' $28 Billion, Five-Year Expansion Project Plans, an Industrial Info News Alert
Researched by Industrial Info Resources (Sugar Land, Texas) -- Taiwan's Ministry of Economic Affairs has confirmed that Formosa Plastics will go ahead with major expansion plans and greenfield projects at the company's major petrochemical project at Yunlin county in the southeastern part of the country. For details, view the...
FORMOSA PLASTICS BUILDS STAINLESS STEEL PLANT IN MAINLAND
AsiaInfo Services 02-21-2008 Formosa Plastics Builds Stainless Steel Plant in Mainland ZHANGZHOU, Feb 21, 2008 SinoCast via COMTEX -- Formosa Plastics Group FPG is to build a stainless steel plant in Mainland China with USD 100 million. The deal has been approved...
FORMOSA PLASTICS TO PUT USD100MN INTO MAINLAND STEEL PROJECT
AsiaInfo Services 01-04-2008 Formosa Plastics to Put USD100mn into Mainland Steel Project ZHANGZHOU, Jan 04, 2008 SinoCast via COMTEX -- Diversified-investment Formosa Plastics Group plans to foray into the steelmaking industry of Mainland China. Formosa Plastics is weighing to put USD 100...
Building boom
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...
Formosa slates PP plant for July.(Special Report)(polypropylene)(Brief article)
Taiwan-based Formosa Plastics Corp. said at Chinaplas in Guangzhou it will start production of its polypropylene plant in Ningbo, China, in July. The planned production capacity is 992 million pounds per year, and the goal for the first phase production is 330 million pounds, said Ming-Chi...
Formosa Plastics completes PVC-U pipe project.(PROJECT NEWS)
The PVC-U pipe project funded by Formosa Plastics Corp. was started production on March 19th, 2007 in Zhengzhou, Henan province. It is the first project launched by Formosa Plastics Corp. in Henan province. Formosa Plastics Corp. has already established 12 enterprises in China mainland....
FORTUNE 500 ENTERPRISE TAIWAN FORMOSA PLASTICS GROUP TO ESTABLISH THE BIGGEST PVC-U PIPE MATERIAL ENTERPRISE IN CENTRAL
According to fdi.gov.cn: Recently, Taiwan Formosa Plastics Group, one of the Fortune 500 enterprises, officially launched its pvc-u pipe material program in Zhengzhou, which was the first program of Formosa Plastics Group invested and launched in Henan. Currently, Taiwan Formosa Plastics Group has established 12 enterprises in the mainland, mainly...
CSB: Formosa did too little to prevent 2004 explosion; Company says improvements have been made.(News)
Byline: Frank Esposito The federal Chemical Safety Board has ruled that while an employee's actions caused an April 2004 explosion that killed five workers at a PVC plant in Illiopolis, Ill., Formosa Plastics Corp. USA did not do enough to prevent the human error....
Pipe giants JMM, PW Eagle tie the knot.(J-M Manufacturing Company Inc.)
Byline: Matt Griswold Goliath just grew a foot taller. For many of the Davids in the PVC pipe industry, the epic, $400 million marriage of J-M Manufacturing Co. Inc. and PW Eagle Inc. carries with it the promise of creating further disparity...
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
-
Valspar Corp. F4Q09 (Qtr End 30/10/09) Earnings Call Transcript
on Nov 23, 2009about VAL
-
Donaldson Company Inc. F1Q10 (Qtr End 31/10/09) Earnings Call Transcript
on Nov 19, 2009about DCI
-
La-Z-Boy Inc. F2Q10 (Qtr End 10/24/09) Earnings Call Transcript
on Nov 18, 2009about LZB
-
KongZhong Q3 2009 Earnings Call Transcript
on Nov 11, 2009about KONG
-
Harbin Electric, Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about HRBN



