Business Strategy

In recent years, the international situation has been increasingly volatile, environmental regulations have become more stringent, and various social challenges have emerged. These issues have all made the promotion of sustainable development more difficult. FPCC is working to become aligned with international standards, and is actively combining its sustainable development strategy with its core business as it continues to expand its markets.

Industry Value Chain

The industry in which FPCC operates and the role it plays in the value chain remain the same as in previous years. We hope to analyze the industry from a macro perspective through the identification and evaluation of the industry chain, evaluate the future direction of our operations, formulate related action plans, and continue to communicate with and engage stakeholders.

Correlation Map of Products Manufactured by the Formosa Plastics Group

The petrochemical industry generally consists of fundamental materials, intermediate materials, and applied and processed products in the downstream, which are quite closely related with one another. FPCC is located at the upstream of the industrial chain and its main material is crude oil imported from overseas. Main products include a variety of oil products and petrochemical raw materials.

FPCC's Industry Value Chain

FPCC understands the needs of stakeholders in the industry value chain through smooth communication and  exchanges, and evaluates which fields to invest resources in. We periodically review the benefits obtained to achieve a meaningful virtuous cycle and maximize the synergies from resource use.