Formosa Plastics Corporation Overview
Pro stress-test →Formosa Plastics Corporation is a Taiwanese plastics company based in Kaohsiung, Taiwan, that primarily produces polyvinyl chloride (PVC) resins and other intermediate plastic products. The flagship of the Formosa Plastics Group, it is one of the largest manufacturer of PVC resins in the world. The company is part of the influential Formosa Plastics Group and maintains significant global operations.
Strategic Profile
Pro stress-test →Formosa Plastics manufactures and sells plastic raw materials, chemical fibers, and petrochemical products in Taiwan, Mainland China, and internationally, operating through five segments: Plastic, Polyolefin, Polypropylene, Tairylan, and Chemical. The company's total PVC resin capacity is 2.83 million metric tons per year, the second highest in the world after Shin-Etsu Chemical. The firm leverages vertical integration and maintains substantial manufacturing infrastructure in Taiwan and the United States.
Competitive Landscape
Pro stress-test →Formosa competes with global leaders like Shin-Etsu Chemical, which has the world's highest PVC resin capacity at 3.55-3.85 million metric tons per year. The company also competes with other major chemical and plastics manufacturers in key markets across Asia, North America, and Europe.
Industry Context
Formosa Plastics Corporation operates in Chemicals & Plastics Manufacturing.
Key facts
Founded: 1954 · Headquarters: Kaohsiung, Taiwan · Employees: 6,784 · Revenue: $6.2B · Market cap: $7.9B