Chang Chun Group

What Chang Chun Group does

Chang Chun Group is a privately held Taiwanese chemical conglomerate founded in 1949 by three co-founders (Liao Minkun, Lin Shuhong, and Zheng Xinyi) with NT$500 in starting capital. The group operates three core companies — Chang Chun Petrochemical Co., Ltd., Chang Chun Man-Made Resin Factory Co., Ltd., and Dalian Chemical Industrial Co., Ltd. — plus numerous subsidiaries across Taiwan, China, Japan, Malaysia, Indonesia, and Singapore, employing more than 10,000 people and generating annual revenue exceeding NT$30 billion (approximately USD$930M). Its product portfolio spans more than 100 chemical and material categories, organized around five families: general chemicals (methanol, formaldehyde, acetic acid, hydrogen peroxide), synthetic resins (epoxy, phenolic, urea-formaldehyde), thermosetting plastics, high-performance engineering plastics (PBT, EVOH, TPEE), and electronic materials including electrolytic copper foil and semiconductor chemicals.

The group's technology base rests on vertical and horizontal integration of the chemical production chain, anchored on methanol produced from natural gas in Taiwan and extending through VAM, VAE emulsions, PVA, 1,4-BDO, epoxy resin, EVOH, and allyl alcohol. Approximately 10% of the workforce is allocated to R&D, supporting continuous process development including a proprietary CO2-based acetic acid production route. The group holds ISO 9000 (since 1992) and ISO 14001 certifications, ISCC PLUS certification covering 21 core products, and consecutive EcoVadis Platinum (Dalian Chemical, top 1% globally) and Gold (the other two core entities, top 3% globally) ratings from 2024 through 2026.

Chang Chun operates a direct B2B sales motion serving industrial customers across automotive, electronics and semiconductors, PCB manufacturing, coatings and adhesives, textiles, construction, paper, and home appliance end-markets. Pricing is quote-based and not publicly disclosed, reflecting the commodity-and-specialty hybrid nature of the product portfolio. The go-to-market emphasizes long-term supply reliability, consistent quality, and sustainability credentials as primary differentiators, with regional offices and manufacturing assets in six Asian countries enabling direct customer servicing without intermediary distribution.

Name

Chang Chun Group

Legal name

長春集團 (Chang Chun Group)

Website

https://ccp.com.tw

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Chang Chun Group is a privately held Taiwanese chemical conglomerate founded in 1949, operating three core companies and subsidiaries across Taiwan, China, Japan, Malaysia, Indonesia, and Singapore to produce more than 100 petrochemicals, synthetic resins, engineering plastics, and electronic materials for B2B industrial customers in automotive, electronics, coatings, textiles, and semiconductor sectors.

Ownership category

akta.pro rank

Product category

Specialty Chemicals

NAICS

Chemical Manufacturing (325), Basic Chemical Manufacturing (3251), Other Chemical Product and Preparation Manufacturing (3259)

SIC

Chemicals & Allied Products (2800), Industrial Organic Chemicals (2860), Industrial Inorganic Chemicals (2810)

akta.pro primary industry

Electronic & High-Purity Specialty Chemicals (IMAEABAD)

Keywords

• Specialty chemicals
• Petrochemical products
• Engineering plastics
• Synthetic resins
• Electronic materials

Headquarters

HQ city

Taipei

HQ country

Taiwan

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure

Revenue model

1. Chemical and Specialty Materials Sales: Chang Chun Group generates revenue primarily through the manufacture and sale of chemical products, synthetic resins, engineering plastics, and electronic materials to industrial customers across diverse sectors including automotive, electronics, construction, textiles, and semiconductors. Revenue is driven by product volume and contractual supply agreements with long-term customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Chang Chun Group is a Taiwanese chemical conglomerate that manufactures and supplies over 100 chemical products including petrochemicals (methanol, formaldehyde, acetic acid, hydrogen peroxide), synthetic resins (epoxy resin, phenolic resin, urea-formaldehyde), thermosetting plastics, high-performance engineering plastics (PBT, EVOH, TPEE), and electronic materials (electrolytic copper foil, printed circuit boards). The company operates a vertically and horizontally integrated chemical production chain serving industrial customers in automotive, electronics, construction, textiles, semiconductors, and chemical processing sectors across Asia.

Product overview

Chang Chun Group (長春集團) is a diversified chemical conglomerate comprising three core companies: Chang Chun Man-Made Resin Factory (長春人造樹酯廠股份有限公司), Chang Chun Petroleum Chemistry (長春石油化學股份有限公司), and Da Lian Chemical Industry (大連化學工業股份有限公司). The company operates over 100 products across five main categories: general chemicals (methanol, formaldehyde, acetic acid, hydrogen peroxide), synthetic resins (epoxy resin, phenolic resin, urea-formaldehyde), thermosetting plastics (bakelite, molding compounds), high-performance engineering plastics (PBT, EVOH, TPEE), and electronic materials (electrolytic copper foil, printed circuit boards). The three core companies work in vertical and horizontal integration—Chang Chun Petroleum Chemistry produces methanol from natural gas as a foundational raw material, Da Lian Chemical produces vinyl acetate monomer and downstream VAE emulsions, while Chang Chun Resin focuses on downstream resins and engineering plastics. This integrated value chain also produces chemical intermediates such as 1,4-BDO, PVA, allyl alcohol, and specialty chemicals serving automotive, electronics, construction, textiles, and semiconductor industries globally.

Differentiator

Problem solved

Functional benefit

Products and services

• Electrolysis Copper Foil High-performance electrolytic copper foil used in electronic components and printed circuit boards, manufactured at international leading standards for the electronics industry.
• PBT Engineering Plastics Polybutylene terephthalate engineering plastics used in automotive, electrical, and industrial applications, ranked among major international manufacturers.
• Polyvinyl Alcohol (PVA) Water-soluble polymer used in adhesives, textiles, paper coatings, and film applications, produced as part of Chang Chun's integrated chemical chain.
• 1,4-Butanediol (1,4-BDO) Key chemical intermediate used in the production of tetrahydrofuran, gamma-butyrolactone, and polybutylene terephthalate.
• VAE Emulsion Vinyl acetate-ethylene copolymer emulsion used in adhesives, construction materials, and textile coatings, produced by subsidiary Da Lian Chemical.
• Epoxy Resin Thermosetting polymer used in coatings, adhesives, electronic materials, and composites, ISCC PLUS certified for sustainable production.
• EVOH (Ethylene Vinyl Alcohol) High-barrier polymer used in food packaging and automotive fuel tanks, manufactured as part of Chang Chun Petroleum Chemistry's product portfolio.
• Allyl Alcohol Key chemical intermediate for various specialty chemical syntheses, produced through proprietary technology.
• Vinyl Acetate Monomer (VAM) Key monomer for producing polyvinyl acetate, ethylene-vinyl acetate copolymers, and other specialty chemicals.
• Glacial Acetic Acid (GAA) High-purity glacial acetic acid used in chemical synthesis, textiles, and food industry applications, ISCC PLUS certified and produced via a CO2-based sustainable production process.
• Bisphenol A (BPA) Key raw material for epoxy resins and polycarbonate production, ISCC PLUS certified.
• Phenol Aromatic chemical used in the production of bisphenol A, phenolic resins, and various industrial applications, ISCC PLUS certified.
• Acetone Solvent used in chemical synthesis, pharmaceuticals, and industrial cleaning applications.
• Tetrahydrofuran (THF) Solvent used in polymer chemistry, particularly for polyurethane and PVC production.
• Methyl Acetate (MEAC) Eco-friendly solvent used in coatings, adhesives, and cleaning applications as a green alternative to traditional solvents.
• PTG (Polytetramethylene Ether Glycol) Key raw material for thermoplastic polyether polyesters and polyurethane elastomers.
• PVB Film and PVA Film PVB film used as safety film in laminated glass for automotive and architectural applications; PVA film is water-soluble and used in packaging, agriculture, and industrial applications.
• Printed Circuit Boards Printed circuit boards manufactured by subsidiary Taifeng Printed Circuit Industrial Co., Ltd., supplying the electronics industry.

Quantifiable outcome

• Annual revenue exceeding NT$30 billion (from initial capital of NT$500 in 1949)
• +3 more outcomes

Segments7 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Nanbao Resin (南寶樹脂)coreStrategic or Co-development Partner · 1 January 1979In 1979, Chang Chun Group partnered with Nanbao Resin to establish Dalian Industrial Co., Ltd. (大連工業股份有限公司), which became the third core company of the group, producing vinyl acetate monomer (VAM) and ethyl acetate. This joint venture was part of the Taiwan government's Fourth Light Industrial Project.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Wanhua Chemical: Chinese chemical major scaling aggressively in MDI, polyurethanes, petrochemicals, and specialty chemicals. Increasingly competes with Chang Chun in Asian engineering plastics and specialty resin markets as Chinese players expand internationally.

Direct peers

• Celanese Corporation: US-based specialty chemicals company with strong positions in acetyl chain products (acetic acid, VAM, EVA) and engineered materials — directly comparable to Chang Chun's acetic acid, VAM, VAE, and EVOH product portfolio.
• Formosa Plastics Group: Taiwanese petrochemical and plastics conglomerate with overlapping product portfolios in PVC, polyethylene, and downstream chemicals. Most direct Taiwanese peer to Chang Chun, with comparable vertical integration from feedstocks to specialty plastics.
• Nan Ya Plastics: Taiwan-based petrochemicals and plastics producer (part of Formosa Plastics Group) operating in EG, BPA, PBT, and engineering plastics — direct overlap with Chang Chun's PBT, BPA, and epoxy resin product lines serving similar electronics and construction customers.
• Eastman Chemical Company: US specialty chemicals producer with comparable offerings in advanced materials, specialty plastics, and chemical intermediates including additives used in coatings, adhesives, and electronics — overlapping with Chang Chun's epoxy, PVA, and resin product lines.

Broad incumbents

• Mitsui Chemicals: Japanese diversified chemical producer with overlapping portfolios in ethylene derivatives, specialty resins, and engineering plastics. Similar customer base in automotive and electronics and comparable emphasis on sustainable chemistry.
• LG Chem: Korean integrated chemical manufacturer with strong presence in petrochemicals, engineering plastics (PBT, ABS), and battery/electronic materials. Comparable in scale, geographic focus on Asia, and customer overlap in electronics and automotive.
• China Petroleum & Chemical Corporation (Sinopec): China's largest integrated petrochemical major with comparable scale and breadth across refining, petrochemicals, and specialty chemicals. Overlaps with Chang Chun in VAM, methanol, ethylene derivatives, and engineering plastics across Asian markets.
• BASF: Global chemical industry leader with presence across nearly all of Chang Chun's product categories including petrochemicals, engineering plastics, specialty resins, and electronic materials. Sets the competitive benchmark in sustainable chemistry investment.

Regional players

• Hanwha Solutions: Korean chemicals and materials company with overlapping petrochemical and advanced materials offerings. Comparable Asian-focused customer base in automotive and electronics, though primarily serves Korean OEMs and downstream manufacturers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chang Chun Group