FORMOSA CHEMICALS&FIBRE CORP

Business Nature: Manufacturer

Company Overview:

Formosa Chemicals & Fibre Corporation (FCFC) is a major member of the Formosa Plastics Group, one of Taiwan's largest industrial conglomerates. Founded in 1965, the company has evolved from its origins in the textile and synthetic fiber industry into a diversified petrochemical powerhouse. FCFC operates large-scale integrated production facilities, including oil refineries, aromatics plants, and plastic polymerization units.

Core Business Segments:

1. Petrochemicals: Production of aromatics such as paraxylene, benzene, and orthoxylene, which serve as essential raw materials for the plastics and chemical industries.

2. Plastics: Manufacturing of a wide range of resins including ABS (Acrylonitrile Butadiene Styrene), PS (Polystyrene), and PP (Polypropylene).

3. Textiles: Production of synthetic fibers, yarns, and various textile products, maintaining the company's historical foundation.

Market Position:

FCFC is a leading manufacturer in the Asia-Pacific region with a highly integrated supply chain. While the company engages in the distribution and export of its products globally, its primary identity is that of a large-scale industrial manufacturer with advanced R&D and production capabilities. It is publicly listed on the Taiwan Stock Exchange.

Formosa Chemicals and Fibre Corp (FCFC) produces and sells the following main products:

1. Aromatic Hydrocarbons: Benzene, Toluene, Para-Xylene, and Ortho-Xylene.

2. Plastics: Polypropylene (PP), Polystyrene (PS), Acrylonitrile Butadiene Styrene (ABS), and Polypropylene Resins.

3. Synthetic Fibers: Rayon Staple Fiber, Nylon Chips, Nylon Filament, and Polyester Chips.

4. Textiles: Various types of fabrics, yarns, and textile products.

5. Utility Services: Electricity and steam generated through its cogeneration plants.

6. Petrochemical Intermediates: Purified Terephthalic Acid (PTA) and Styrene Monomer (SM).