A subsidiary of Formosa Plastics Group, founded in Taiwan in 1954, is a large fiber manufacturer, mainly engaged in electronics/chemicals/petrochemicals/fiber production industries.

Nanya Plastic Industry Co., Ltd. was established in 1958 and is mainly engaged in the production industries of electronics, chemicals, petrochemicals, fibers, etc., and forms Formosa Plastics Relations with more than 50 companies including Taiwan Plastics Company and Taiwan Chemical Fiber Company.

Business and products

Plastic raw materials

In terms of plastic raw materials, including PVC powder and V, the current capital is 57.2 billion yuan. Here is the introduction of Formosa Plastics Group's current business and products as follows: In terms of plastic raw materials, it includes PEV powder, VCM, liquid alkali, hydrochloric acid, plastic modified agent, high-density polyethylene, polyethylene vinyl acetate/low-density polyethylene, linear low-density polyethylene and other products, CM, liquid alkali, hydrochloric acid, plastic modified agent, high-density polyethylene, polyethylene vinyl acetate/low-density polyethylene, linear low-density polyethylene and other products. Among them, the annual production capacity of PVC powder is 131,000 metric tons, which is not only a larger manufacturer in Taiwan, but also an annual production capacity of 2920,000 metric tons for investment companies in the United States and mainland China, and is one of the largest PVC powder manufacturers in the world.

Plastic processing products

In terms of plastic processing products, in conjunction with the production of high-density polyethylene, a processing plant is set up in the Xingang factory to produce market bags, shopping bags, garbage bags, breathable films, etc., with an annual production capacity of 10,000 metric tons. The processing products are equipped with environmental protection needs, and supply calcium carbonate-containing plastic bags, decomposed plastic bags, and water-based ink printing for incinerators, and are sold to Japan, Australia and other regions. In terms of plastic processing products, in conjunction with the production of high-density polyethylene, a processing plant is set up in the Xingang factory to produce market bags, shopping bags, garbage bags, breathable films, etc., with an annual production capacity of 10,000 metric tons. The processed products are in line with environmental protection needs and supply calcium carbonate-containing plastic bags, decomposed plastic bags, and water-based ink printing for incinerators, and are sold to Japan, Australia and other regions.

Fiber products

In terms of fiber products, it includes acrylic cotton and carbon fiber, of which the annual production capacity of acrylic cotton is 72,000 metric tons. In terms of fiber products, it includes acrylic cotton and carbon fiber, of which the annual production capacity of acrylic cotton is 72,000 metric tons. The annual production capacity of carbon fiber is 5,050 metric tons. The original silk line required for its production process is successfully developed by the company. It is one of the few international production plants and has contributed a lot to the development of Taiwan's high-tech industry. The annual production capacity of carbon fiber is 5,050 metric tons. The original silk line required for its production process is successfully developed by the company. It is one of the few international production plants and has contributed a lot to the development of Taiwan's high-tech industry.

Special chemicals

In cooperation with the government to develop high value-added products and precision chemical industries, Formosa Plastics Group also produces special chemicals, including acrylic acid and its esters, HCFCs, acrylonitrile, methyl methacrylate, epoxychloropropane, and methyltributyl ether, with an annual production capacity of 262,000 metric tons of acrylic acid and its esters; at the same time, it cooperates with the high-purity acrylic acid (HPAA) produced by the acrylic acid ester factory to set up a factory in the Xingang factory to produce highly absorbent resins with an annual production capacity of 40,000 metric tons.