Formosa Plastics Corp

Formosa Plastics Corporation
Native name
台灣塑膠公司
Táiwān sùjiāo gōngsī
Company typePublic
TWSE: 1301
IndustryChemicals
Founded1954; 70 years ago (1954)
HeadquartersKaohsiung City, Taiwan
Key people
Lee Chih-tsuen (李志村)
(President)
ProductsPVC (Polyvinyl Chloride) resins, high density polyethylene, tairylan acrylic fiber, acrylic acid and ester, carbon fiber, caustic soda, PVC modifier, calcium carbonate
Total assetsDecrease US$16.3 billion
Number of employees
10,000
Websitewww.fpc.com.tw www.fpcusa.com
Aerial view of a Formosa Plastics plant in Baton Rouge, Louisiana
A Formosa Plastics plant near Illiopolis, Illinois. It closed after exploding on 23 April 2004, killing five employees.[1]

Formosa Plastics Corporation (Chinese: 台灣塑膠公司; lit. 'Taiwan Plastics Company') is a Taiwanese plastics company based in Taiwan (formerly called "Formosa") that primarily produces polyvinyl chloride (PVC) resins and other intermediate plastic products. It is the corporation around which influential businessman Wang Yung-ching formed the Formosa Plastics Group, and it remains central to the Group's petrochemical operations. The president of Formosa Plastics Corp. (FPC) is Jason Lin (林健男).

In 2019, Chemical & Engineering News ranked Formosa Plastics as the world's sixth largest chemical company by sales in 2018, with US$36.9 billion.[1] That same year, Forbes ranked the company as No. 758 on its Global 2000 list of the world's largest public companies.[2] Formosa has received substantial criticism over widespread pollution and reprisal tactics against environmental activists.[3][4]

  1. ^ Tullo, Alexander H. (29 July 2019). "C&EN's Global Top 50 chemical companies of 2018". Chemical & Engineering News.
  2. ^ "Formosa Plastics". Forbes. 15 May 2019.
  3. ^ "Louisiana Activists Face 15 Years for "Terrorizing" Oil Lobbyist with Box of Plastic Pollution". Democracy Now!. Retrieved 30 June 2020.
  4. ^ "From Louisiana to Taiwan, environmental activists stand up to a major plastics company". The World from PRX. Retrieved 3 August 2020.