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1992
April: Formosa Petrochemical(FPCC) was established through a total joint investments of NT$ 15 billion from Formosa Plastics, Nan Ya Plastics, Formosa Chemicals & Fibre, Formosa Taffeta and others.
1994
July: Construction of the No. 6 Naphtha Cracker Complex commenced.
1996
April: Joint investment with Formosa Plastics Corp, Nan Ya Plastics Corp, and Formosa Chemical and Fibre Corp to establish Mailiao Power Corporation.
May: Joint investment with Formosa Plastics Corp, Nan Ya Plastics Crop, Formosa Chemical and Fibre Corp and Mailiao Power Corp to establish Formosa Development Corporation.
May: Cash capitalization of NT$12.5 billion.
1998
July: Cash capitalization of NT$15 billion.
August: Establishment of FPCC's President Office.
September: Establishment of
operating divisions: Refinery, Oil Products, Olefins, Utilities,
Engineering, and Maintenance Center.
November: FPCC obtained operating licenses for five co-generation power units. Construction on Formosa Petrochemical's No. 1 co-generation plant, with an installed electricity generation capacity of 300 MW, was completed and commercial operation began.
December: Mr. Wilfred Wang was appointed as the
Executive Vice President of FPCC.
1999
January: Construction on FPCC's No. 1 naphtha cracking plant, with ethylene nameplate capacity of 450,000
MTY, was completed and commercial operation began.
February: Joint investment with Formosa Plastics Corp to establish Formosa Petrochemical Transportation Corp.
April: Joint investment with private companies to establish Formosa Oil (Asia Pacific) Corp.
July: Cash capitalization of NT$17.5 billion.
August: Capitalization of NT$8.4
billion from retained earnings and special reserve reclassified to
retained earnings.
December: Construction on FPCC's No. 3 co-generation plant, with an installed electricity generation capacity of 320 MW, was completed and commercial operation began.
2000
January: Construction of FPCC's No. 2 co-generation power plant unit 1, with an installed electricity generation capacity of 600 MW, was completed, and commercial operation began.
March: Phase 1 of FPCC's oil refinery, with a nameplate processing capacity of 150,000 barrels of crude oil per day, was completed, and began commercial production.
September: FPCC's gasoline and
gasoil officially supplied to the Taiwanese market.
December: FPCC's No. 2 naphtha cracking plant, with ethylene nameplate capacity of 900,000
MTY, was completed and began commercial production.
2001
October: Cash capitalization of NT$10 billion.
April: Phase 2 of FPCC's oil refinery, with a nameplate processing capacity of 150,000 barrels of crude oil per day, was completed, and began commercial production.
2002
September: Phase 3 of FPCC's oil refinery, with a nameplate processing capacity of 150,000 barrels of crude oil per day, was completed, and began commercial production. Thus, Formosa Petrochemical's total nameplate processing capacity for its oil refinery increased to 450,000 barrels of crude oil per day.
November: Capacity de-bottlenecking of FPCC's No.1 naphtha cracking plant was completed, increasing such plant's ethylene nameplate capacity to 700,000 MTY and Formosa Petrochemical's total ethylene nameplate capacity to 1.6 million
MTY.
2003
January: Construction of FPCC's CFB, with an installed electricity generation capacity of 300 MW, was completed and commercial operation began.
June: Construction of FPCC's No.2 co-generation power plant unit 2, with an installed electricity generation capacity of 600 MW, was completed and commercial operation began.
September: Mr. Wilfred Wang was appointed as the President of FPCC.
December: FPCC's initial public offering was completed, and the Common Shares were listed on the Taiwan Stock Exchange.
2004
June: Joint issuance of NT$800 million convertible/exchangeable notes plus
NT$200 million greenshoe with Formosa Plastics, Nan Ya Plastics and Formosa Chemicals & Fibre in Singapore.
July: Received Bureau of Foreign Trade's Award for International Trade as Excellent Exporter and Importer in 2003.
September: Construction of FPCC's UPC, with an installed electricity generation capacity of 600 MW, was completed and commercial operation began.
December: Joint investment with Caltex to establish jet fuel marketing company(¨Îªº¬P).
2005
March: Upon full conversion of $800 million convertible/exchangeable notes, FPCC's capitalization reached NT$84.3 billion.
August: Capacity de-bottlenecking of FPCC's No.3 Crude Distillation Unit (CDU) was completed, increasing such unit's processing capacity from 150,000 barrels of crude per day (bpd) to 180,000 bpd.
August: Received Bureau of Foreign Trade's Award for International Trade as Excellent Exporter and Importer in 2004.
December: Ranked as a Platts Top 250 Global Energy Company for 2005. Specifically ranked No.41 on overall global performance and No.5 in Refining and Marketing worldwide.
2006
June: Re-election of the company's Board of Directors. Mr. Wilfred Wang was appointed as the Chairman and remained the post as the President of FPCC.
August: Received Bureau of Foreign Trade's Award for International Trade as Excellent Exporter and Importer in 2005.
September: Ranked as a Platts Top 250 Global Energy Company for 2005. Specifically ranked No.10 on overall global performance and No.7 in Refining and Marketing worldwide
2007
May: Construction of No.3 naphtha cracker with ethylene capacity of 1.2 million MTY was completed and began commercial operation.
August: Received Bureau of Foreign Trade's Award for International Trade as Excellent Exporter and Importer in 2006.
2008
January: Export 10ppm gasoil.
September: Received Bureau of Foreign Trade's Award for International Trade as Excellent Exporter and Importer in 2007.
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