- CEO
- Wen Chin Lue
- Full Time Employees
- 18,585
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- 201. TUNG HWA N. RD Changhua TPE Taiwan 114
- IPO Date
- Dec 20, 1984
- Business
- Formosa Chemicals & Fibre Corporation (1326.TW), a core member of the Formosa Plastics Group founded in 1965 and headquartered in Taipei, Taiwan, manufactures and markets a broad portfolio of petrochemicals and synthetic fibers; key products include ABS resins (TAIRILAC®), polystyrene (PS) resins such as GPPS and HIPS (TAIRIREX®), polypropylene (PP) resins encompassing homopolymer, random copolymer, and impact copolymer variants (TAIRIPRO®), polycarbonate (PC) resins (TAIRILITE®), styrene-acrylonitrile (SAN) resins (TAIRISAN®), acrylonitrile-styrene-acrylate (ASA) resins, PC/ABS alloys (TAIRILOY®), nylon resins, and rayon staple fibers; the company also produces aromatics like benzene, paraxylene (PX), phenol, and purified terephthalic acid (PTA), alongside sustainable materials such as post-consumer recycled (PCR) plastics in ABS, PS, PC, PC alloy, and PP formulations, and chemically recycled or bio-based resins. These offerings serve diverse applications including automotive parts, home appliances, IT equipment, packaging, construction, healthcare products, toys, and textiles, with production facilities in Taiwan (Hsin-Kang and Mai-Liao), China (Ningbo), and Vietnam, enabling global sales across Asia, Europe, and North America. Recent developments encompass the September 2025 receipt of U.S. FDA No Objection Letter (NOL) certification for rPP products affirming food contact compliance; renaming of PC resin grades AC3600 and AC3610 to AC3600-H and AC3610-H in July 2025 due to updated UL Comparative Tracking Index testing while preserving material composition and properties; introduction of BIS-certified packaging for PP products starting May 2025 and ABS products from June 2025 to meet Indian standards; transition to dual-color eco-friendly packaging incorporating recycled PP resin for select products since February 2024; and launch of PCR PP-based garments in late 2023 demonstrating a 42% carbon emission reduction versus virgin materials, alongside expanded photovoltaic capacity targeting 17,782 kWp addition in 2024 for enhanced renewable energy utilization.