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Formosa Chemicals Snapshot
Formosa Chemicals & Fiber was established to meet the rising demand in fiber and plastic products in Taiwan. Since then, the company -- primarily engaged in petrochemical production -- has expanded into specialty chemicals, plastics, textiles, nylon, engineering, and construction of industrial parks throughout the country. It also generates electricity and provides water treatment services. Formosa got its start in 1965 as a fiber plant producing wood pulp from trees harvested from Taiwan's mountainous regions. The company is a member of the Formosa Plastics group and is listed on the Taiwan Stock Exchange.
