Founded in 1978, Formosa Plastics Corporation, U.S.A. (Formosa Plastics) is a growing, vertically-integrated supplier of plastic resins and petrochemicals. Welcome to Formosa Plastics Corporation, U.S.A. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock’s expected performance. Founded in 1978, Formosa Plastics Corporation, U.S.A. (Formosa Plastics) is a growing, vertically-integrated supplier of plastic resins and petrochemicals. Affiliated with Taiwan's Formosa Plastics Corporation, one of the world's largest PVC (polyvinyl chloride) suppliers, it produces all manner of petrochemicals and plastic resins.Its product roster includes polyethylene, polypropylene, vinyl, and chlor alkali products like caustic soda. It seems that Private Companies own 17%, of the 1301 stock. The release resulted in an estimated 115 tons of dead fish washing ashore in Vietnam. Strictly speaking, these three businesses--Formosa Plastics, Nan Ya Plastics, and Formosa Chemicals & Fiber--are not affiliated. The Polypropylene … Today, the company agreed to limit its construction activities until early next year, under a legal agreement reached with several community and environmental organizations who had filed a lawsuit … The company filed a WARN notice indicating that 72 workers will be affected by the decision. Each of our plants features sophisticated computerized process control systems and state-of-the-art quality control laboratories.One important way in which we differentiate ourselves in our marketplaces is through Aerial photograph of our production facility in Point Comfort, Texas.Aerial photograph of our production facility in Baton Rouge, Louisiana.Aerial photograph of our headquarters in Livingston, New Jersey. Formosa Plastics already has institutions on the share registry. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Formosa Plastics also set up chemical companies in the United States and owns several oil wells and properties rich in natural gas in Texas.Mr. A look at the shareholders of Formosa Plastics Corporation ( With a market capitalization of NT$507b, Formosa Plastics is rather large.

Our data shows that Chang Gung Medical Foundation is the largest shareholder with 9.4% of shares outstanding. With 7.6% and 6.3% of the shares outstanding respectively, Formosa Chemicals & Fibre Corporation and Credit Suisse, Investment Banking and Securities Investments are the second and third largest shareholders. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. We note that hedge funds don’t have a meaningful investment in Formosa Plastics.

For example, Cher Wang, one of the daughters of company founder Wang Yung-ching, was named Taiwan’s wealthiest individual in 2011, with a fortune of $8.8 …

Homopolymer, copolymer, micro-dispersion and blending resins are manufactured with feedstock materials shipped from the Louisiana […] I find it very interesting to look at who exactly owns a company. This project provoked intense opposition, just as Chiang Ching-kuo's reforms allowed tolerance for public expressions of dissatisfaction. Wang is said to have lived an austere life, staying in an apartment inside his group’s headquarters in downtown Taipei. The company later agreed to ship the waste back to Taiwan.Formosa Plastics said Mr. Wang assigned seven senior managers to run the group in 2006 and they will continue to oversee operations collectively after his death.Mr. In July 2016, FPG pledged to pay compensation to Vietnamese impacted by the environmentally toxic discharge in the amount of $500 million.Formosa Plastics has planned the construction of a 9.4 billion dollar fossil fuel plant entitled "The Sunshine Project" in an area of Louisiana that has already been dubbed as "Total investment in the complex, after four "phases" of construction throughout the 1990s and early 2000s, came to NT$650 billion and included the following major features:

Formosa Plastics Group (FPG, Chinese: 臺塑集團) is a titular Taiwanese conglomerate of diverse interests, including biotechnology, petrochemical processing and production of electronics components. It’s therefore worth looking at Formosa Plastics’s earnings history, below. The company was founded in Taiwan, previously called: "Formosa". You can The general public holds a 46% stake in 1301. Our core business, producing plastic resins and petrochemicals, takes place at We'ave invested billions of dollars on building, expanding and streamlining our production facilities and product supply systems. The environmentalists' public protests, including a 3000-person rally at the Ministry of Economic Affairs in 1990, reflected the island's gradual transformation from authoritarianism to democracy. After doing some more digging, we found that the top 19 have the combined ownership of 50% in the company, suggesting that no one share holder has significant control over the company. Looking at our data, we can see that the largest shareholder is Chang Gung Medical Foundation with 9.4% of shares outstanding. With annual revenues of more than $5 billion, we employ nearly 2,900 people who operate over 20 production units in five business units - Olefins, Polyolefins, Vinyl, Specialty Polyvinyl Chloride, and Chlor-Alkali.

Formosa Plastics is largely controlled by the Wang business dynasty, which includes some of Taiwan’s wealthiest individuals. But just like anyone else, they could be wrong.

Formosa Plastics will lay off staff its plant in Delaware City. Indeed, they own a respectable stake in the company. Links to key information: + ISO certificates + Food certifications + REACH statements + USMCA Certificates + Other declarations + General sales terms + Our operations/sites + … C. Wang, Billionaire Who Led Formosa Plastics, Is Dead at 91 By turning fracked gas into vast amounts of single-use packaging and other throwaway plastic products, the project would also worsen climate change and the ocean plastic pollution crisis.
This implies the analysts working for those institutions have looked at the stock and they like it.