- CEO
- Shi Chin Tsai
- Full Time Employees
- 629
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- 101, Fu-Hsing North Road Taipei TPE Taiwan 10595
- IPO Date
- Oct 21, 1987
- Business
- Oriental Union Chemical Corporation (1710.TW) manufactures and markets ethylene oxide, ethylene glycol and its derivatives, industrial gases, and specialty chemicals primarily in Taiwan, Mainland China, and other Asian markets, as well as Africa, Europe, and the Americas. Founded in 1975 and headquartered at 13th Floor, No. 101 Fu-Hsing North Road, Songshan District, Taipei, Taiwan, the company, a key petrochemical entity within the Far Eastern Group, produces monoethylene glycol for polyester fiber, antifreeze, dehumidifiers, engineering plastics, PET bottles, and brake fluids; diethylene glycol and triethylene glycol for dehumidifiers, lubricants, solvents, grinding aids, unsaturated polyester resins, and polyols; ethylene oxide as a raw material for ethylene glycol, glycol ethers, ethanolamines, non-ionic surfactants, and disinfectants; surfactants and performance chemicals including non-ionic surfactants derived from ethylene oxide and propylene oxide for personal care, textiles, leather additives, pesticides, coatings, water treatment, and electronic materials, construction chemicals such as polycarboxylates, functional aids, grinding additives, solid-state admixtures, and customized solutions, solvent and amine chemicals comprising ethanolamines, ethylene glycol butyl ethers, and ethylene carbonate; fine chemicals like reactive-grade polyols and polyetheramines; and industrial gases including oxygen, nitrogen, argon, and liquefied gases. In recent developments, Oriental Union Chemical Corporation reported consolidated revenue of NT$23.8 billion for 2024, up 14% year-over-year, with net profit after tax of NT$20 million and earnings per share of NT$0.02, while advancing sustainability initiatives toward zero accidents, zero injuries, and zero pollution, optimizing its product portfolio with high value-added specialty chemicals and gas products, expanding electronic chemicals and special application materials through R&D innovation, introducing AI for operational efficiency and digitization, and holding its 2025 shareholders' meeting to outline strategies amid geopolitical and energy challenges.