Formosa Plastics Corporation Revenue and Competitors

Formed in 1978, Formosa is a privately held company headquartered in Livingston, New Jersey. Our core business, producing plastic resins and petrochemicals, takes place at three wholly-owned chemical manufacturing subsidiaries, located in Delaware City, Delaware, Baton Rouge, Louisiana and Point Comfort, Texas. 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 through our subsidiary Neumin Production Company, transport these raw materials through our subsidiary Lavaca Pipeline Company and process natural gas into its components through our subsidiary Formosa Hydrocarbons Company. In addition, many products are delivered to our customers through our own fleet of large, modern railcars. Formosa Plastics Corporation, U.S.A. is affiliated with the Taiwan-based Formosa Plastics Group (FPG), a global leader in petrochemicals, plastics and a variety of other industries. Founded in 1954, FPG has grown from what was then the world's smallest PVC production facility into a worldwide organization with annual sales of more than $50 billion. FPG also operates several prominent educational and medical institutions in Taiwan. Worldwide, FPG has more than 89,000 employees and assets in excess of $60 billion.