|Feb 23, 2018|
|Feb 23, 2018|
Currency in TWD
|Full time employees:||--|
Formosa Plastics Corp. engages in the manufacture and sale of intermediate raw materials for plastics, Its products include polyvinyl chloride (PVC), high-density polyethylene (HDPE), Low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), polyethylene (PE) wax, polypropylene (PP), polyoxymethylene (POM), masterbatch, liquid caustic soda, liquid chlorine, VCM, EDC, acrylonitrile, acetonitrile, methyl methacrylate, methacrylic acid, epichlorohydrin, methyl tert-butyl ether (MTBE), acrylic acid & esters, carbon fiber, sodium hypochlorite, chlorinated solvent, hydrogen, lithium-ion battery electrolyte, calcium carbonate, distributed control systems (DCS) system, warehouse management system (WMS), and learning management system (LMS), Its products are used in packaging materials, bottle, articles of clothing, toy dolls, medical materials, sports equipment, sporting goods, auto parts, generation timber, motor parts, wire and cable, ships aerospace, paint coating, chemical building materials, waterproof insulation, furniture furnishings, tool parts, 3C parts coated, 3C shell timber,masterbatch pigment, additives, clean bleach, civil farm animals film with a bag, bottle box barrel, and dry water retention. The company was founded on November 5, 1954 and is headquartered in Taipei, Taiwan.
Founded in 1954 by the late tycoon Wang Yung-ching with financial aid from the U.S. government, Formosa Plastics is the flagship company of Formosa Plastics Group, one of Taiwan's largest family-controlled conglomerates, with business interests in a wide range of sectors, including plastics, chemicals, electronics components, healthcare and education.
Formosa Plastics is Taiwan's biggest petrochemical company by market cap and a global leader in the polyvinyl chloride, or PVC, sector. The company makes and sells PVC resin, chemical and fiber products.
Since Wang passed away, his family has gradually reduced their involvement in the group's day-to-day decisions by bringing in external managers or allowing non-family executives to oversee the conglomerate's operations. The Wangs still maintain a controlling stake in the group.
The current chairman is Jason Lin, a longtime company employee who rose through the ranks. Lin joined Formosa Plastics in 1967, but left the company in 1987 and rejoined in 1999. He has a master's degree from Wageningen University in the Netherlands.
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- Local currency
- US Dollar
|Income before tax||15,189.48M|
|Dividends per share||4.6|
|Operating cash flow||36,606.27M|
Currency in TWD
|Income before tax||470.97M|
|Dividends per share||0.14|
|Operating cash flow||1,135.04M|
Currency in USD
- Chairman & General Manager: Chien Nan Lin
- Head-Finance: Chen Hsiao Lei
- Deputy General Manager: Kuang Ming Chen
- Deputy General Manager: Chien Shan Yang
- Deputy General Manager: Tien Hsiang Li
- Chang Gung Medical Foundation(9.4%)
- Formosa Chemicals & Fibre Corp.(7.6%)
- Nan Ya Plastics Corp.(4.6%)
- The Vanguard Group, Inc.(2.6%)
- Formosa Petrochemical Corp.(2.0%)
- BlackRock Fund Advisors(1.6%)
- Norges Bank Investment Management(0.9%)
- WANG WEN YUAN(0.7%)
- HO MIN TING(0.4%)
- BlackRock Advisors (UK) Ltd.(0.4%)
- Website: http://www.fpc.com.tw
- Address: 4th Floor, No. 201 Tung Hwa North Road, Taipei, 105 08, Taiwan
- Phone: +886.2.2712.2211
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