About Formosa Plastics - An Overview
Founded in 1978, Formosa Plastics Corporation, U.S.A. (Formosa Plastics) is a growing, vertically-integrated supplier of plastic resins and petrochemicals. With annual revenues of more than $5 billion, we employ nearly 2,900 people who operate over 20 production units in five business units - Olefins, Polyolefins, Vinyl, Specialty Polyvinyl Chloride, and Chlor-Alkali.
*** Watch our brief Corporate Video to find out more about our people, products and facilities. ***
Formosa Plastics offers a full line of polyvinyl chloride, polyethylene and polypropylene resins, caustic soda and other petrochemicals that deliver the consistency, performance and quality that customers demand. We market our polypropylene and polyethylene resins under the Formolene® tradename; we market our suspension PVC and specialty (dispersion) PVC resins under the Formolon® tradename. We also produce and sell caustic soda, ethylene dichloride, commercial bleach and hydrochloric acid.
We're committed to supplying the highest quality products and services to our customers, providing a safe and healthy workplace for our employees and contributing to the quality of life in the communities where we operate. This commitment is made possible through our dedicated people, consistent products, continued protection of the environment and ongoing investments in new product development, quality control systems and safe, modern and energy-efficient production facilities.
Formosa Plastics is a privately held company headquartered in Livingston, New Jersey. Our core business, producing plastic resins and petrochemicals, takes place at our wholly-owned chemical manufacturing subsidiaries located in Baton Rouge, Louisiana and Point Comfort, Texas.
We'ave invested billions of dollars on building, expanding and streamlining our production facilities and product supply systems. The result is a manufacturing base that is among the newest, most efficient and technologically advanced in the industry. Each of our plants features sophisticated computerized process control systems and state-of-the-art quality control laboratories.
One important way in which we differentiate ourselves in our marketplaces is through the extensive vertical integration of our supply chain. We produce oil and gas and transport these raw materials through our subsidiary Lavaca Pipe Line Company, then our Formosa Hydrocarbons Company processes natural gas into its components for use by our production plants. In addition, many products are delivered to our customers through our own fleet of large, modern railcars.
Formosa Plastics Group (Taiwan)
Formosa Plastics Corporation, U.S.A. is affiliated with the Taiwan-based Formosa Plastics Group (FPG), a global leader in petrochemicals, plastics and many other industries. Founded in 1954, FPG has grown from what was then the world's smallest PVC production facility into a worldwide organization; the group has annual revenues of more than $70 billion and over 113,000 employees. FPG also operates several prominent educational and medical institutions in Taiwan.