59. Formosa Petrochemical

Company Snapshot
Formosa Petrochemical Corporation operates oil refinery in Taiwan.

It operates through four divisions: Refinery and Oil Products, Petrochemical- Olefins, Utilities, and Other Products and Services.

The Refinery and Oil Products division refines crude oil and sells the products of such refining operations.

Its refined petroleum products include liquefied petroleum gas, naphtha, jet fuel/kerosene, gasoil, gasoline, fuel oil, and other products.

The Petrochemical-Olefins division engages in the production and sale of olefins, including ethylene, propylene, BTX, and butadiene.

The Utilities division produces and sells utilities products, including electricity and steam.

It operates three co-generation power plants, which are coal-fired with a combined installed capacity of 1,820 mega watts.

The Other Products and Services division provides maintenance services, engineering services, and harbor administration services.

It also sells other products, such as C4, CO, and industrial water.

Formosa Petrochemical was founded 1992 and is based in Taipei, Taiwan.

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View the latest financial information on Business Week's Company Insight Center

Wilfred Wang
TITLES
Executive Director, President of FPCC
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