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| Company Information |
Company and Product Information |
| Founded by Wang in 1965, the chemicals-and-fiber company concentrated at first on nylon and other textiles. But it has since moved on to the richer game of producing resins, industrial solvents made from xylenes, and other materials such as styrene, used to make rubber. Now, Formosa is one of the biggest petrochemical players in Asia. And its move away from fabrics has paid off handsomely: The outfit boasted revenues of $4.6 billion in 2004, with profits up 133% year-on-year, to $1.3 billion. |
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Formosa Chemical Products
