Last 78.60 TWD
Change Today +0.60 / 0.77%
Volume 4.8M
1301 On Other Exchanges
As of 2:38 AM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

formosa plastics corp (1301) Snapshot

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12/31/13 - 80.70
52 Week Low
08/28/13 - 71.30
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formosa plastics corp (1301) Details

Formosa Plastics Corporation produces and sells intermediate raw materials for plastics in Taiwan. The company’s plastic products include mass, suspension, paste and blending, and copolymer PVC; liquid, flake, and micropearls caustic soda; and methacrylate-butadiene-styrene (MBS), PA, chloromethane, dichloromethane, chloroform, NF3, LiPF6, hydrochloric acid, liquid chlorine, sodium hypochlorite, freon, and hydrogen fluoride. It also offers acrylic fibers, acrylic acid and esters, carbon fibers, super absorbent polymers, and normal butanol; carbide products, such as lime, ground calcium carbonate, precipitated calcium carbonate, Taical, U-CAL, nano calmalon, and Taisowhite; garbage, produce, roll, and shopping bags; carbon fiber chopped strands; and high density polyethylene, linear low density polyethylene, and ethylene vinyl acetate copolymer. In addition, the company provides chemicals, including acrylonitrile, acetonitrile, methyl methacrylate, methacrylic acid, epichlorohydrin, methyl tert-butyl ether, and 1-butene; polypropylene products; and petrochemicals. Further, it offers distributed control, automatic store/retrieve, automation, advanced process control, and power management systems. The company was founded in 1954 and is based in Taipei, Taiwan.

Founded in 1954

formosa plastics corp (1301) Top Compensated Officers

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formosa plastics corp (1301) Key Developments

Formosa Plastics Corporation, Annual General Meeting, Jun 13, 2014

Formosa Plastics Corporation, Annual General Meeting, Jun 13, 2014.

Formosa Plastics Group to Invest USD 13.25 Billion in Overseas Expansion

Formosa Plastics Group announced that it will invest USD 13.25 billion in overseas expansion this year. The group, whose main units include Formosa Plastics Corp. and Nan Ya Plastics, plans to expand in China and Vietnam and build a petrochemical project in Texas.

Formosa Plastics Corporation Plans to Build New Ethane-Based Project in Louisiana, US

Formosa Plastics Corp. (FPC) is studying the possibility of building an ethane-based petrochemical project at Louisiana in the US, on top of its announced intention to build one in Texas. Formosa Plastics chairman Lee Chih-tsuen was quoted in news daily Taipei Times detailing a plan to build a new 1.2 m tone/year cracker in Louisiana that will utilize shale gas as feedstock. Meanwhile, the company's plans to build a new petrochemical project in Texas that will include a new cracker, is progressing 'for sure'. Formosa is planning to build a new $3 billion facility in PointComfort, Texas, that will produce 1.2m tones/year of ethylene, 600,000 tones/year of propylene, as well as 400,000 tones/year of high density polyethylene (HDPE) at the site. The project is expected to be completed in the first quarter of 2017.


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