Formosa Petrochemical is a taiwanese energy company founded in 1992.
Formosa Petrochemical Corporation is a Taiwanese energy company engaged in refining of crude oil, distribution of refined petroleum products, the production and sales of olefins, and the generation of electricity and steam. It was founded as a subsidiary of Formosa Plastics Group, and went public in 2003. It is headquartered in Mailiao Township, Yunlin County, in Taiwan.
As of 2021, Formosa Petrochemical was the second largest oil refiner in Taiwan, behind Chinese Petroleum Corporation. The company owns and operates the only privately-owned refinery and naphtha cracking plant in Taiwan.
Taiwanese energy company
Taiwanese energy company