Founded in Taiwan in 1954, Nanya Plastics Industry Co., Ltd., a subsidiary of Formosa Plastics Group, is the world's largest fiber producer, mainly engaged in electronics/chemical/petrochemical/fiber and other production industries

Founded in 1958, Nanya Plastics Industry Co., Ltd. is mainly engaged in electronics, chemical, petrochemical, fiber and other production industries, and more than 50 companies such as Taiwan Plastics Corporation and Taiwan Chemical Fiber Corporation have formed Formosa Plastics Affiliated Enterprises, after more than 40 years of hard development, Formosa Plastics Affiliated Enterprises have become the largest private enterprises in Taiwan.

Nanya Plastics Industry Co., Ltd. is an affiliated enterprise of Formosa Plastics

Formosa Plastics Corporation founded Taiwan Plastics Corporation in 1954. In 1957, the four-ton-per-day PVC powder plant began production, making it the smallest PVC powder factory in the world at that time.

After more than 50 years of hard work, the current capital is 57.2 billion yuan. The Wang Yongqing family of Formosa Plastics Group is one of the emerging big families after the war, with a large number of family members, almost all of whom work and develop in family-related enterprises. Although no one from the Wang family has been involved in politics, Wang Yongqing has long been a leader in the industrial and commercial circles, and has a very high status and prestige in Taiwan's industrial and commercial circles and society, which makes the Wang family also have a deep influence on the political circles and have good political and business relations.

Formosa Plastics Group, founded by Wang Yongqing and Wang Yongzai, is the largest private manufacturing group in Taiwan, with more than 30 branches and overseas companies, and has a pivotal position in Taiwan's petrochemical industry and the entire business community. Wang Yongqing is the world's "plastic king". Wang Yongqing has not only established a huge family business in Taiwan and is investing NT$300 billion in Taiwan to build the "six light" projects across the century, but has also invested $1 billion in the United States to establish a huge petrochemical industry base. The Wang family has a large number of people, including dozens of sons, daughters, daughters-in-law and sons-in-law, ranking in the family's key business. Although no one in the Wang family has served in the political arena, they have a good relationship between politics and business, and have a non-negligible influence on Taiwan's economy and politics, and are typical representatives of Taiwan's emerging big families.

Business and products

Plastic raw material products

In terms of plastic raw material products, including PVC powder, V The current capital is 57.2 billion yuan, and the current business and products of Formosa Plastics Group are introduced as follows: in terms of plastic raw material products, including PEV powder, VCM, liquid soda, hydrochloric acid, plastic modifier, high-density polyethylene, polyethylene vinyl acetate/low-density polyethylene, linear low-density polyethylene and other products, CM, liquid alkali, hydrochloric acid, plastic modifier, high-density polyethylene, polyethylene vinyl acetate/low-density polyethylene, Linear low-density polyethylene and other products, of which PVC powder has an annual production capacity of 1.311 thousand metric tons, is not only the largest production plant in Taiwan, but also includes the United States and mainland investment companies with an annual production capacity of 2.92 million metric tons, is one of the world's largest PVC powder production plants.

Plastic processing products

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

Fiber products
In terms of fiber products, including acrylic cotton and carbon fiber, the annual production capacity of acrylic cotton is 72,000 metric tons, making it the largest production plant in Taiwan. In terms of fiber products, including acrylic cotton and carbon fiber, the annual production capacity of acrylic cotton is 72,000 metric tons, making it the largest production plant in Taiwan. With an annual production capacity of 5000 metric tons, the precursor required for its production process is successfully developed by the company itself, and it is one of the few production plants in the world, which has made great contributions to the development of Taiwan's high-tech industry. With an annual production capacity of 5000 metric tons, the precursor required for its production process is successfully developed by the company itself, and it is one of the few production plants in the world, which has made great contributions to the development of Taiwan's high-tech industry.

Specialty chemicals

In line with the government's development of high value-added products and fine chemical industries, Formosa Plastics Group also produces specialty chemicals, including acrylic acid and its esters, hydrochlorocarbons, acrylonitrile, methyl methacrylate, epichlorohydrin and methyl third butyl ether, of which acrylic acid and its esters have an annual production capacity of 262,000 metric tons, which is the only production plant in Taiwan. At the same time, in conjunction with the high-purity acrylic acid (HPAA) produced by the acrylic ester factory, a factory was set up in the Xingang factory to produce superabsorbent resin, with an annual production capacity of 40,000 metric tons, which is the only factory in Taiwan. In line with the government's development of high value-added products and fine chemical industries, the Company also produces specialty chemicals, including acrylic acid and its esters, hydrochlorocarbons, acrylonitrile, methyl methacrylate, epichlorohydrin and methyl third butyl ether, of which acrylic acid and its esters have an annual production capacity of 262,000 metric tons, which is the only production plant in Taiwan; At the same time, in conjunction with the high-purity acrylic acid (HPAA) produced by the acrylic ester factory, a factory was set up in the Xingang factory to produce superabsorbent resin, with an annual production capacity of 40,000 metric tons, which is the only factory in Taiwan.