Formosa Petrochemical Corporation
Formosa Petrochemical Corporation (FPCC) is second only to Chinese Petroleum Corporation for oil refining in Taiwan. The company produces refined petroleum products (jet fuel, liquid petroleum gas, and gasoline) and petrochemicals (ethylene, propylene, and butadiene) from its naphtha cracking operations. It owns gas stations through subsidiary Formosa Oil. FPCC also sells electricity and steam from its co-generation plants. Its engineering and maintenance divisions carry out planning, construction, and daily maintenance services on behalf of group companies.