Fittech Co. Ltd. (6706)

Overview

Formosa Petrochemical Corporation is a leading entity in the petrochemical sector, featuring a comprehensive international reach that extends across Taiwan, Australia, South Korea, the Philippines, Singapore, Malaysia, Mainland China, and beyond. Since its establishment in 1992, with a headquarters based in Mailiao, Taiwan, the corporation has been actively involved in various facets of the petrochemical industry. Its operations encompass the refining of crude oil, the distribution of refined petroleum products, and the production and sales of key olefins such as ethylene, propylene, butadiene, and BTX. Furthermore, Formosa Petrochemical Corporation expands its reach through involvement in retailing, transportation, oil exploration, ship leasing, and investment activities, highlighting its diversified portfolio within and beyond the core petrochemical business.

Products and Services

• Gasoline, Diesel, and Jet Fuel/Kerosene

  Formosa Petrochemical Corporation processes and supplies a wide range of fuel products, including gasoline for vehicles, diesel for various engines and machinery, and jet fuel/kerosene catering to the aviation sector, ensuring a constant and reliable supply of essential energy sources to the market.

• Liquefied Petroleum Gas (LPG)

  The company produces and markets LPG, which is used widely in heating appliances, cooking equipment, and some vehicles, providing a flexible and efficient energy solution for both residential and commercial applications.

• Naphtha

  Naphtha, produced by Formosa Petrochemical, serves as a crucial raw material for the petrochemical industry, particularly in the production of olefins and plastic resins, underlining the company's role in supporting the wider industrial sector.

• Petrochemical Raw Materials

  With the production of ethylene, propylene, butadiene, and BTX, Formosa Petrochemical fulfills the essential needs of various industries for high-quality petrochemical raw materials, which are vital for manufacturing a plethora of products.

• Fuel Oil, Asphalt, Sulphur

  Formosa Petrochemical offers an assortment of other products, including fuel oil for shipping and power generation, asphalt for road construction, and sulphur for chemical processing, catering to diverse industrial requirements.

• Base Oil and Lubricants

  The corporation manufactures and supplies base oil, which is used to produce lubricants for engines and machinery, ensuring the smooth operation of vehicles and industrial equipment.

• Utilities: Water, Electricity, and Steam

  Formosa Petrochemical Corporation not only specializes in petrochemical products but also produces and sells utilities such as water, electricity, and steam, providing essential services to support both its operations and those of other industries.

• Additional Services

  Beyond its primary products, the company engages in retailing, oil exploration, the leasing of ships, and investment activities, showcasing its diversified business approach and capacity to adapt to various market needs.