Formosa Plastics (Ningbo) Co Ltd
[Photo/fcfc-plastics.com.cn]
Formosa Plastics (Ningbo) Co Ltd is a subsidiary of Formosa Chemicals & Fibre Corporation, which specializes in ABS resin production, research and development (R&D). It was built in Ningbo Economic and Technical Development Zone in 2002 with investment of $78.35 million and was officially put into operation in October 2007. The annual production capacity of polystyrene was designed to reach 200,000 tons.
[Photo/fcfc-plastics.com.cn]
Formosa Chemicals and Fibre started to produce and develop ABS resin in 1995 in Xingang, Taiwan. In 2002, it built a manufacturing plant in Beilun district, Ningbo. The first phase of the plant had a designed capacity of 125,000 tons. It was officially put into operation in 2004 and the first phase began production in 2007. After completing construction in June 2014, the company is capable of handling annual production of 450,000 tons.
The company is located next to Beilun Port, known as the “Oriental Giant Port”, and thus endowed with an advantageous geographical position. It imports raw materials from Taiwan-based plastics enterprises, which ensures a stable source of raw materials and enhances the quality of downstream products. At the same time, it continues to develop new specifications that can meet the needs of the market.
[Photo/fcfc-plastics.com.cn]
As a Taiwan-based plastics enterprise, Formosa Plastics (Ningbo) has played a leading role in the city’s plastics industry. It adheres to the business philosophy of its parent company, that the quality of the products is the foundation of the company, and satisfaction from customers is essential to its success.
Not only does the company adopt the most advanced ABS resin production technology, but it also inherits and absorbs valuable experience from other factories and constantly strives for perfection.
Formosa Plastics (Ningbo) actively responds to the call from the central government to promote clean production and implement standardization management systems to create a harmonious production atmosphere. Energy consumption has stayed low, while the raw material recovery rate keeps ratcheting up.
Business Scope: Manufacturing and selling plastic engineering products.
Investor: Formosa Chemicals & Fiber Corporation (Cayman) Investment Co Ltd
Address: Ningbo Development Zone, Ningbo, Zhejiang province
Tel: +86-574-8685-1031
+86-135-8685-8083
Fax: +886-2-27131649