In 1978, we began to invest in the United States, in order to secure a supply of petrochemical materials. We selected the United States as the location for our overseas investments because, in addition to rich natural resources and well-established legal, political, and economic systems, the country possessed an excellent infrastructure and a well-educated workforce.

After years of effort, Formosa Plastics Corporation, U.S.A., Nan Ya Plastics Corporation USA, Formosa Plastics Corporation, America, and Nan Ya Plastics Corporation, America were established. In addition, the Neumin Production Company was acquired. Presently, we own several large petrochemical plants, secondary and tertiary processing plants, and natural gas wells.

Polyvinyl chloride (PVC) and its related products were the original product groups in our U.S. operations.

Widening our scope of operations, we now have a polyester plant in South Carolina and an ethylene glycol plant in Texas. Due to the quality and fair pricing of our products, the demand has been exceptionally high.

To further vertically integrate our production, in 1990 we invested U.S.$1.9 billion to build the first olefins plant and 8 related petrochemical intermediate plants. In 1994, we successfully launched our expansion project, followed by the completion of a second olefins plant in 2002. We now produce ethylene, polyethylene, polypropylene, NaOH, and ethylene dichloride. Formosa Plastics Corporation, U.S.A. is a single-source supplier of PVC, PP, and PE with the capability of modifying production to meet varying market demands.

In 1990, we set up the Inteplast Corporation, and a state of the art facility in Texas, for the production of BOPP, stretch film, XF film, PP corrugated sheet, Rigid PVC Sheet, foam board, and PE shopping bags.