Formosa Plastics Corporation, U.S.A.
- Company typePrivate
- Founded1978
- HeadquartersLivingston, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
Formosa Plastics Corporation, U.S.A. firmographics
Firmographics- Name
- Formosa Plastics Corporation, U.S.A.
- Legal name
- Formosa Plastics Corporation, U.S.A.
- Website
- https://www.fpcusa.com
- Company type
- Private
- Founded year
- 1978
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Formosa Plastics Corporation, U.S.A. industry classification
Industry- Product category
- Petrochemicals and Plastic Resins
- NAICS
- Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252), Plastics Product Manufacturing (3261)
- SIC
- Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Industrial Organic Chemicals (2860)
- akta.pro primary industry
- PVC & Chlor-Vinyl Chain (Chlor-Alkali, EDC/VCM, PVC) (IMAEADAF)
- akta.pro secondary industries
- Commodity Plastic Compounds (PE/PP/PS/PVC) (IMANABAA), PVC & Chlorinated Polymers (IMAEANAB)
Keywords
Where Formosa Plastics Corporation, U.S.A. is headquartered
LocationHeadquarters
- HQ city
- Livingston
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Formosa Plastics Corporation, U.S.A. business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D
Revenue model
- Plastic Resins Sales: Sale of polyvinyl chloride, polyethylene, and polypropylene resins under Formolene and Formolon trade names
- Petrochemicals Sales: Sale of caustic soda, ethylene dichloride, commercial bleach, and hydrochloric acid
- Marine and Rail Logistics: Shipping of liquid products via barges and ships; rail operations managing railcar storage and shipping
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Process Operator Trainee positions |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels5 records
Formosa Plastics Corporation, U.S.A. product offering
Product offeringCore offering
Formosa Plastics Corporation, U.S.A. is a vertically integrated manufacturer of plastic resins and petrochemicals. It produces five core product lines: Chlor-Alkali chemicals, Formolene® Polyethylene (HDPE, LLDPE, LDPE), Formolene® Polypropylene (homopolymers and copolymers), Formolon® Suspension PVC, and Formolon® Specialty (Dispersion) PVC. The company produces its own feedstocks and generates its own steam and electricity, controlling quality from start to finish.
Product overview
Formosa Plastics Corporation, U.S.A. is a vertically integrated manufacturer of plastic resins and petrochemicals offering five core product lines: Chlor-Alkali, Polyethylene (Formolene®), Polypropylene (Formolene®), Suspension PVC (Formolon®), and Specialty PVC (Formolon®). The company produces its own feedstocks and generates its own steam and electricity, controlling quality from start to finish. Product portfolio spans HDPE, LLDPE, LDPE, polypropylene homopolymers/copolymers, suspension and dispersion PVC resins, caustic soda, ethylene dichloride, sodium hypochlorite, and hydrochloric acid. The company operates production facilities in Point Comfort, TX (20 production units across 2,500 acres) and Baton Rouge, LA, with headquarters in Livingston, NJ. Polyethylene and polypropylene resins are marketed under Formolene® trade name; PVC resins under Formolon® trade name.
Differentiator
Problem solved
Functional benefit
Brands
- Formolene®: Trade name for Formosa's polypropylene and polyethylene resins
- Formolon®
- Formolene FORMAX®
Products and services
- Formolene® Polyethylene Resins Comprehensive polyethylene resin portfolio marketed under the Formolene® trade name, including High Density (HDPE), Linear Low Density Hexene Copolymers (LLDPE), and Low Density (LDPE) homopolymers. Used for blow molding, pipe extrusion, film extrusion, profile extrusion, and other manufacturing applications.
- Formolene® Polypropylene Resins Polypropylene resins marketed under the Formolene® trade name, including homopolymers, impact copolymers, and random copolymers. Serves consumer goods, industrial packaging, automotive, and specialty applications.
- Formolon® Suspension Polyvinyl Chloride Resins Suspension PVC resins marketed under the Formolon® trade name. End-use applications include pipe, siding, fencing, decking, and railings. Available in homopolymers and compounds.
- Formolon® Specialty (Dispersion) Polyvinyl Chloride Resins Specialty dispersion PVC resins marketed under the Formolon® trade name. Applications include flooring wear layers, conveyor belting, traffic cones, and strand coatings. Includes dispersion homopolymers, dispersion copolymers, blending homopolymers, blending copolymers, and suspension copolymers.
- Chlor-Alkali Products Chlor-alkali product line including membrane grade caustic soda (liquid caustic soda 50% membrane grade), sodium hypochlorite, ethylene dichloride, and hydrochloric acid. Serves chemical manufacturing, water treatment, pulp and paper, textiles, and alumina sectors.
- Formosa Global Solutions Global sourcing division providing polymers, specialty chemicals and additives, performance materials, and quality metals to complement the core resin portfolio.
- Formosa Industries Corporation Secondary polyethylene brand and distribution operation serving additional market segments with polyolefin products.
Quantifiable outcome
- 99.99% of hazmat shipments arrive safely
- +3 more outcomes
Companies that use Formosa Plastics Corporation, U.S.A.
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
Formosa Plastics Corporation, U.S.A. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Formosa Plastics Corporation, U.S.A. partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- JPP Technology ProviderscoreLicensed advanced JPP technology for the largest horizontal polypropylene reactor in North America
- Vinyl Institute of CanadacoreProject Win-Finity partnership to recycle post-consumer PVC windows, establishing circular recycling system across Canada
- National Research Council of CanadacoreTechnical lead for Project Win-Finity, researching PVC recycling and carbon footprint reduction
- Vision Extrusions GroupcoreLead partner for Project Win-Finity PVC recycling initiative in Canada
- Fenestration CanadaminorSupporting partner for vinyl window recycling pilot program
- Strategic Materials Inc.minorGlass recycling partner for Project Win-Finity
- Calhoun Countycore$670,000 grant from Formosa Plastics Environmental Endowment Trust Fund for new recycling center in Calhoun County
- Texas Department of Transportationcore$3.6 million donation to widen FM 1593 from two to five lanes, improving safety in Calhoun and Jackson Counties
- United Nations Dept. of Economic & Social AffairscoreFormosa has integrated the United Nations Sustainable Development Goals (SDGs) into all aspects of business operations, aligning company operations with global sustainability frameworks
- Alliance to End Plastic WastecoreFormosa participates in the Alliance to End Plastic Waste, supporting industry efforts to address plastic waste in the environment
- Operation Clean Sweep®coreInternational stewardship program for preventing plastic pellet, flake, and powder loss; Formosa achieved Blue Verification level at both US manufacturing sites
- +Vantage VinylTMminorIndustry partnership for vinyl products sustainability and best practices
- Union Pacific RailroadcoreRail transportation partner for shipping products; interchange at Lolita rail yard; Formosa recognized with Pinnacle Awards for rail safety
Scale indicators18 records
Recent moves12 records
Expansion highlights4 records
Formosa Plastics Corporation, U.S.A. competitors and assessment
Company assessmentDirect peers
- Westlake Corporation: Major U.S. integrated producer of PVC, polyethylene, and chlor-alkali products with North American manufacturing. Operates in the same Vinyls and Polyethylene value chains as Formosa and serves overlapping construction, packaging, and industrial customers.
- LyondellBasell Industries: One of the world's largest producers of polypropylene and polyethylene resins, with significant U.S. Gulf Coast manufacturing. Directly comparable polyolefin product portfolio (homopolymers, impact copolymers, HDPE/LDPE/LLDPE) to Formosa's Formolene line.
- OxyChem (Occidental Petroleum): Leading North American producer of chlor-alkali, EDC/VCM, and PVC resins. Directly comparable to Formosa's vertically integrated chlor-vinyl chain serving chemical, water treatment, and construction customers.
- Chevron Phillips Chemical: U.S. joint venture producing polyethylene (HDPE, LDPE, LLDPE) and polypropylene resins for similar industrial customer segments. Overlapping polyolefin product slate and customer base with Formosa's Formolene resins.
- Shintech Incorporated: Largest U.S. PVC producer (Japanese-owned) with integrated upstream VCM/EDC operations in Texas and Louisiana. Closest direct competitor to Formosa in suspension PVC and integrated chlor-vinyl chain in North America.
- Orbia Advance Corporation (Vestolit): Mexican/global chemical producer with PVC, chlor-alkali, and specialty resin operations. Direct competitor in suspension and specialty PVC and chlor-vinyl chain value-added products.
- Braskem America: Largest polypropylene producer in the Americas, with significant U.S. Gulf Coast production. Directly competes with Formosa's new 550M-lb PP reactor for polypropylene market share across packaging, automotive, and consumer goods.
Broad incumbents
- INEOS Group: Global petrochemical producer with significant U.S. manufacturing in olefins, polyolefins, and PVC/chlor-alkali. Overlapping U.S. Gulf Coast footprint and product portfolio with Formosa, though operating as a much larger global platform.
- Dow Inc. Massive integrated petrochemical and plastics producer offering polyolefins, chlor-alkali derivatives, and performance chemicals. Overlaps with Formosa across PE/PP and chlor-alkali but operates a much broader portfolio across multiple chemistries and end markets.
- ExxonMobil Product Solutions Company: Integrated petrochemicals arm of ExxonMobil producing polyolefins (PE, PP) and specialty products. Overlaps with Formosa's polyolefin business while serving as a much larger, diversified energy-to-chemicals platform.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
Formosa Plastics Corporation, U.S.A. social profiles
Digital presenceFormosa Plastics Corporation, U.S.A. compliance and trust
Trust signalCompliance6 records
Formosa Plastics Corporation, U.S.A. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Formosa Plastics Corporation, U.S.A. leadership team
Management profileNumber of profiles
Profiles6 records
Formosa Plastics Corporation, U.S.A. subsidiaries and ownership
Company hierarchySubsidiaries4 records
Formosa Plastics Corporation, U.S.A. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Formosa Plastics Corporation, U.S.A. M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Formosa Plastics Corporation, U.S.A.
What does Formosa Plastics Corporation, U.S.A. do?
Formosa Plastics Corporation, U.S.A. is a vertically integrated manufacturer of plastic resins and petrochemicals. It produces five core product lines: Chlor-Alkali chemicals, Formolene® Polyethylene (HDPE, LLDPE, LDPE), Formolene® Polypropylene (homopolymers and copolymers), Formolon® Suspension PVC, and Formolon® Specialty (Dispersion) PVC. The company produces its own feedstocks and generates its own steam and electricity, controlling quality from start to finish.
Is Formosa Plastics Corporation, U.S.A. a public or private company?
Formosa Plastics Corporation, U.S.A. is a private company. It is classified as corporate owned and is currently operating.
When was Formosa Plastics Corporation, U.S.A. founded?
Formosa Plastics Corporation, U.S.A. was founded in 1978. It employs 1,001 to 5,000 people.
Where is Formosa Plastics Corporation, U.S.A. based?
Formosa Plastics Corporation, U.S.A. is headquartered in Livingston, United States, in the North America region.
How does Formosa Plastics Corporation, U.S.A. make money?
Three revenue lines are on record. Plastic Resins Sales are the primary driver. The others are petrochemicals Sales and marine and Rail Logistics.
Who are Formosa Plastics Corporation, U.S.A.'s main competitors?
Direct peers on record are Westlake Corporation, LyondellBasell Industries, OxyChem (Occidental Petroleum), Chevron Phillips Chemical, Shintech Incorporated, Orbia Advance Corporation (Vestolit) and Braskem America. Broad incumbents are INEOS Group, Dow Inc. and ExxonMobil Product Solutions Company.
Does Formosa Plastics Corporation, U.S.A. have an API?
No public API is recorded for Formosa Plastics Corporation, U.S.A..
What industry is Formosa Plastics Corporation, U.S.A. in?
Formosa Plastics Corporation, U.S.A.'s product category is Petrochemicals and Plastic Resins. Its primary akta.pro industry code is IMAEADAF, PVC & Chlor-Vinyl Chain (Chlor-Alkali, EDC/VCM, PVC), with a secondary code of IMANABAA, Commodity Plastic Compounds (PE/PP/PS/PVC). Its NAICS code is 3252 and its SIC code is 2821.