Formosa Taffeta Co., Ltd. Overview
Pro stress-test →Formosa Taffeta is a Taiwan-based company mainly engaged in the manufacture and sale of textile products, as well as the operation of gas stations. Operating through three segments—First Business Group, Cord Fabric Department, and Gasoline Department—the company engages in researching, developing, warping, sizing, beaming, twisting, designing, weaving, dyeing, printing, and finishing fabrics and textured yarns.
Strategic Profile
Pro stress-test →The company produces blended fabrics, staple fiber fabrics, long and short woven fabrics, polyamine and polyester fabrics, tire cords, pure cotton yarns, blended yarns, functional yarns, special protective yarns and fabrics, medical care fabrics, bulletproof fabrics, and carbon fiber fabrics. Founded in 1973 by Formosa Chemical & Fiber Corporation (a Formosa Plastics Group member) and several industrialists, the company has established operations across Taiwan, China, and Vietnam.
Competitive Landscape
Pro stress-test →Formosa Taffeta competes in the fragmented Asian textile industry against regional manufacturers in Taiwan, China, and Vietnam, as well as global synthetic fiber producers. Competitive differentiation focuses on specialty products (medical, protective, carbon fiber fabrics) rather than commodity textiles. The company's Formosa Plastics Group affiliation provides capital and distribution advantages.
Industry Context
Formosa Taffeta Co., Ltd. operates in Textile Manufacturing & Petrochemical Retail.
Key facts
Founded: 1973 · Headquarters: Douliou, Taiwan · Employees: 7,555 · Revenue: $884M