Grand Pacific Petrochemical

What Grand Pacific Petrochemical does

Grand Pacific Petrochemical Corporation (國喬石油化學股份有限公司, TWSE: 1312) is a Taiwanese publicly listed petrochemical manufacturer founded in 1974, headquartered at the Dashe Industrial Park in Kaohsiung with a sales office in Taipei. The company operates a vertically integrated petrochemical complex producing five core polymer product lines: styrene monomer, ABS resin, polystyrene (GPS and HIPS), SAN resin, and polyamide 6.6 (nylon 66). Manufacturing is based on condensation polymerization (PA66), free-radical polymerization (polystyrene), and copolymerization (ABS, SAN), with the site also hosting co-generation, RTO air-pollution control, and water recycling infrastructure that supports by-product hydrogen and steam sales to adjacent industrial tenants.

The company's primary end-markets are automotive (the largest use case for nylon 66), electronics and electrical, consumer goods and household products, industrial and mechanical applications, and textile/fiber applications. Customers are industrial manufacturers and fabricators across Taiwan and Asia-Pacific, reached via a direct B2B enterprise field-sales motion — sales representatives plus an online inquiry form — with no disclosed distributor or marketplace channels. Pricing is quote-based commodity style with no public list pricing.

Grand Pacific monetizes two main revenue streams: (1) primary petrochemical product sales across the five polymer lines, and (2) secondary by-product sales of hydrogen (to gas suppliers and semiconductor manufacturers) and steam (to nearby factories via the co-generation plant). The company holds a broad compliance portfolio (ISO 9001, 14001, 45001, 50001, 14064-1; TIPS A-level; Sony Green Partner; ASUS Green) and reports 3,499 managed trade secrets. In 2024 it generated NT$16.777B (~$507M) in revenue with 362 employees, and in late 2025 appointed a new Chief Strategy Officer to lead a "Pivot and Cooperation" strategic transformation alongside an Asia-Pacific market expansion of upgraded nylon production.

Name

Grand Pacific Petrochemical

Legal name

國喬石油化學股份有限公司 (Grand Pacific Petrochemical Corporation)

Website

https://gppc.com.tw

Company type

Public

Founded year

1974

Operating status

Ipo

Headcount range

251–500 employees

Short description

Grand Pacific Petrochemical (TWSE: 1312) is a Taiwan-listed petrochemical manufacturer producing styrene monomer, ABS, PS, SAN, and nylon 6.6 polymers for automotive, electronics, consumer goods, industrial, and textile manufacturers across Taiwan and Asia-Pacific via direct B2B sales.

Ownership category

akta.pro rank

Product category

Petrochemical Polymers

NAICS

Petrochemical Manufacturing (325110), All Other Basic Organic Chemical Manufacturing (325199)

SIC

Industrial Organic Chemicals (2860)

akta.pro primary industry

Styrenics (Styrene Monomer, PS, EPS, ABS) (IMAEADAE)

Keywords

• Petrochemical polymers
• Styrene monomer production
• ABS resin manufacturing
• Polyamide nylon 66
• Industrial plastics supply

Headquarters

HQ city

Kaohsiung

HQ country

Taiwan

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Petrochemical Product Sales: Primary revenue from manufacturing and selling petrochemical polymer products including styrene monomer, ABS resin, polystyrene, SAN resin, and nylon (polyamide 6,6) to industrial manufacturers.
2. By-product Sales (Hydrogen and Steam): Secondary revenue from sale of by-products including hydrogen (supplied to gas suppliers and semiconductor manufacturers) and steam (supplied to nearby factories in the industrial park via co-generation).

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Grand Pacific Petrochemical manufactures and sells five major petrochemical polymer product lines — styrene monomer, ABS resin, polystyrene (PS) resin, SAN resin, and polyamide 6,6 (nylon 66) — at its Kaohsiung production facility. The company sells these polymer raw materials directly to downstream industrial manufacturers serving the automotive, electronics, consumer goods, and industrial sectors across Asia-Pacific markets. Secondary revenue comes from the sale of by-products including hydrogen and steam generated through co-generation.

Product overview

Grand Pacific Petrochemical operates as a petrochemical manufacturing company producing five primary product lines: Styrene Monomer (苯乙烯) as a fundamental petrochemical feedstock; ABS Resin (ABS塑膠) for engineering applications; PS Resin (PS塑膠) including General Polystyrene and High-impact Polystyrene for consumer goods; SAN Resin (SAN塑膠) for transparent applications; and Polyamide 6,6/Nylon (尼龍) for high-performance engineering applications. The product portfolio serves diverse industries including automotive, electronics, appliances, consumer goods, and industrial manufacturing. These products are sold as raw materials to downstream manufacturers rather than as finished consumer products.

Differentiator

Problem solved

Functional benefit

Products and services

• Styrene Monomer (苯乙烯) Styrene monomer produced as a primary petrochemical feedstock, used as raw material for various plastic resins. Sold to downstream industrial manufacturers.
• ABS Resin (ABS塑膠) Acrylonitrile-Butadiene-Styrene resin, a thermoplastic polymer combining strength and impact resistance, used in automotive, electronics, and consumer goods applications.
• PS Resin / Polystyrene (PS塑膠) Polystyrene resin available as General Polystyrene (GPS) and High-impact Polystyrene (HIPS), used in food containers, toys, plastic cards, and information products due to excellent electrical insulation and low water absorption.
• SAN Resin / Styrene-Acrylonitrile (SAN塑膠) Styrene-Acrylonitrile resin with good transparency, high tensile strength, and hardness. Can be blended with ABS powder to form ABS resin. Used in audio tape casings, lighters, battery cases, and fan materials.
• Polyamide 6,6 / Nylon 6,6 (尼龍) High-crystallinity linear condensation polymer with high tensile strength, wear resistance, chemical resistance, and self-lubricating properties. Primary applications include automotive (largest), electronics, appliances, machinery, sporting goods, and medical equipment. Available in blending, injection molding, and bright finish grades.

Quantifiable outcome

• Achieved 40.21% water recycling rate (1,326,775 tonnes/year recovered) in 2023, with target of >65% by 2025
• +3 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Trinseo: Global materials company producing polystyrene, ABS, SAN, and engineered polymers with comparable product portfolio to GPPC's styrenics line. Direct competitor in global styrenics markets, particularly in automotive and consumer electronics applications.
• Ascend Performance Materials: World's largest fully integrated producer of nylon 6,6 resin, with focus on automotive, electrical/electronics, and industrial applications. Most direct competitor in GPPC's core nylon 6,6 product line and primary automotive end-market.
• Chi Mei Corporation: Leading global ABS and PS resin manufacturer based in Taiwan. One of the most direct competitors given overlapping product portfolio (ABS, PS, SAN) and similar end-market focus on electronics, automotive, and consumer goods.
• Formosa Plastics Corporation: One of Taiwan's largest petrochemical conglomerates producing olefins, polyolefins, PVC, and other polymers. Direct competitor in Taiwanese petrochemical markets with overlapping product categories (though broader portfolio than GPPC's styrenics/nylon focus).
• Nan Ya Plastics Corporation: Major Taiwanese petrochemical producer under Formosa Group, manufacturing polyester, PVC, and engineering plastics. Direct peer in Taiwanese petrochemical space with similar B2B industrial customer base and listed equity structure.
• China Petrochemical Development Corporation (CPDC): Taiwanese petrochemical company (TWSE: 1314) producing caprolactam, nylon, and acrylonitrile. Direct peer in nylon production and Taiwanese petrochemical space with comparable scale and listing status.

Broad incumbents

• LG Chem: Major Korean petrochemical manufacturer producing ABS, PS, and engineering plastics among its broad portfolio. Comparable in product categories (especially ABS/PS) and Asia-Pacific market presence, though larger and more diversified.
• INEOS Styrolution: Global market leader in styrenics (styrene monomer, ABS, polystyrene, SAN) with significantly larger scale and global footprint. Comparable product portfolio and customer base, though operating at much greater geographic and capacity scale.
• Toray Industries: Japanese multinational with significant nylon and polyamide production, including nylon 6,6 and specialty fibers. Comparable in nylon production capabilities and Asia-Pacific customer base, though operating as a much larger diversified materials company.

Regional players

• Oriental Petrochemical (Taiwan) Corporation: Specialty petrochemical producer in Taiwan focused on plasticizers and polymer additives. Regional peer in Taiwanese petrochemical manufacturing with similar B2B industrial customer base, though focused on different product segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/grand-pacific-petrochemical-1312-

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 Grand Pacific Petrochemical