Formosa Petrochemical Corp. (Taiwan, China)

Formosa Petrochemical Corp. is primarily engaged in refining crude oil and the manufacture of petroleum products and petrochemicals in Taiwan. The Company operates in two segments: Petrochemical and Public Utility. The Petrochemical segment is involved in the production and sale of petroleum and petrochemical products. The Public Utility segment is involved in the production and sale of water, electricity, and steam. The Company's petroleum products include jet fuel, gasoil, gasoline, alkylate, LPG, fuel oil, MTBE, solid sulphur, and coke; and petrochemical products comprise naphtha and propylene. Furthermore, it also offers ethylene, an olefinic hydrocarbon used as a petrochemical feedstock for various petrochemical processes and the production of consumer goods. The company was incorporated in 1992 and is headquartered in Mailiao, Taiwan.