In addition to Formosa Plastics
Corporation, Nan Ya Plastics Corporation, and Formosa
Chemicals & Fibre Corporation, the Formosa Plastics
Group in Taiwan includes more than 10 other companies,
including Formosa Petrochemical Corporation, Nan Ya
Technology Corporation, and Formosa Komatsu Silicon
Corporation. We are engaged in such businesses as
oil refining, petrochemicals, plastic raw materials,
secondary processing of plastics, fiber and textile,
electronic materials, machinery, and transportation.
Oil Refining, Petrochemicals
and Plastic Raw Materials
At present, Formosa Petrochemical Corporation runs
Taiwan's only privately owned oil refinery and naphtha
cracking plant. In September 2000, gasoline and
diesel produced in the refinery began to be sold
in gas stations across Taiwan, marking FPC's formal
entry into the gasoline market. By December 2001,
the company had already taken an 27% share of that
market. The naphtha cracking plant has an annual
output of 1.35 million MT. Once bottle-neck clearing
construction is completed on Plant 1 at the end
of October 2002, annual production capacity will
increase to 1.70 MT.
At present, the Formosa Plastics Group's total annual
PVC resin production has exceeded 2.39 million metric
tons, ranking it the largest PVC producer in the
world. Consuming more than 430,000 metric tons of
PVC resins for production of PVC pipes, PVC leather
and film, etc., Nan Ya Plastics is the world's largest
secondary plastics processor.
Aside from ethylene, propylene, PVC resin and plastic
processing, we also produce dozens of petrochemical
intermediate materials, including liquid caustic
soda, VCM, EDC, MBS, HDPE, LDPE, EVA, LLDPE, PP,
AN, MMA, MAA, ECH, MTBE, B-1, DOP, AE, ABS, PS,
PTA, PTMG and SM, that each individually enjoys
a leading position in the local market.
Fibers, textiles and carpets
|At present, the FPG produces
6 types of fibers: polyester, acrylic, nylon,
rayon, carbon and spandex. Output of most of
these fibers is among the world's highest.
Expanding downstream into textiles and dyeing
and finishing, the FPG has become one of the
largest textile and finishing and dyeing producers
in Taiwan, producing different kinds of yarn,
plan-weave fabric, knitted cloth, and dyed products.
The carpet factory is currently the largest
in Asia. We possess the most up-to-date computer-controlled
embroidering and dye-transfer equipment capable
of producing finely-patterned jacquard woven
carpet tiles or roll carpets as well as artificial
turf. Carpet tiles are produced with both PVC
and flexible bases in standard sizes including
45.7cm x 45.7cm, 50cm x 50cm, 60cm x 60cm and
90cm x 90cm. The main component materials of
carpets such as PP and nylon veil are produced
by FPG in specialized plants with great potential.
have established a vertically integrated production
system ranging from printed circuit boards,
copper-clad laminates to upstream products such
as epoxy resin, bisphenol-A, copper foil, glass
fiber and filament.
Recently we made a further investment in the
manufacturing of basic computer components such
as STN-LCDs, DRAMs, wafers, Plasma Display Panels
and LTCCs. Completion of these projects will
further enhance the self-sufficiency of our
nation's computer and information industries.
In addition to Formosa Transport Corporation, Formosa
Fairway Corporation, and Formosa Petrochemical Transportation
Corporation which operate intercompany transportation
on the island, in 1981 we established the first
chemical tanker fleet in Taiwan. To meet the needs
for transportation of chemicals to and from the
No. 6 Naphtha Cracker Project and to deliver coal
to the company's power plant, we operate a fleet
of 24 large self-propelled vessels comprising five
highly advanced chemical tankers, five oil and chemical
dual use tankers, four 260,000 ton crude oil tankers,
four 170,000 ton cargo carriers, one 150,000 ton
cargo carrier, one 60,000 ton cargo carrier, two
84,000 M3 LPG ships, and two 3,000M3 LPG ships.
As the largest machinery shop in Taiwan, our products
and services include factory and power plant co-generators,
automatic warehousing systems, refining and petrochemical
manufacturing equipments, heavy load transportation
and installation, gear reducers and large precision
gears, industrial rollers, linings, metal roller
electroplating and electrobrightening.