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Formosa Plastics Overview

Formosa Plastics Corporation is a Taiwanese plastics company based in Taiwan that primarily produces polyvinyl chloride resins and other intermediate plastic products.
The staff at Formosa Plastics come from unusually diverse demographic backgrounds. The company is 18.3% female and 57.6% ethnic minorities. Formosa Plastics employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 59.1% of employees identifying as members of the Republican Party. Despite their political differences, employees at Formosa Plastics seem to be happy. The company has great employee retention with staff members usually staying for 3.9 years. The average employee at Formosa Plastics makes $60,913 per year. In comparison, some of its highest paying competitors, like Arkema, Air Liquide, and Johnson Matthey, pay $66,097, $65,515, and $65,483, respectively.
A large manufacturing company with 2,609 employees, Formosa Plastics is headquartered in the United States.

The Organization’s Mission

Each individual in our Company takes personal pride in achieving performance excellence. Through our common goal we aspire to explore, challenge, and strive to exceed the best industry practice in every task performed. This enables us to maintain global competitiveness, achieve healthy, continual growth that will benefit society, and fulfill our commitment to our customers and responsibility to our colleagues.

Industry

Manufacturing

Revenue

-

Employees

2,609

Founded in

1954

Headquarters

-

Website

fpcusa.com

Organization Type

Public

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The Team At Formosa Plastics

The Culture At Formosa Plastics

Information provided by the company
Formosa Plastics is a privately held company headquartered in Livingston, New Jersey.
We are committed to supplying the highest quality products and services to our customers, providing a safe and healthy workplace for our employees and contributing to the quality of life in the communities where we operate.
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Demonstrate exceptional teamwork and customer service; behave professionally; treat others with respect and dignity.

Formosa Plastics Reviews

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5.0

Zippia UserMay 2020

5.0

Zippia Official LogoZippia UserMay 2020

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Really strict on ruleHard-working people Show More

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The pay Hard-working people Show More
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Formosa Plastics Salaries

How much does Formosa Plastics pay?
The national average salary for a Formosa Plastics employee in the United States is $60,756 per year. Employees in the top 10 percent can make over $95,000 per year, while employees at the bottom 10 percent earn less than $38,000 per year.
7.1
Salary Score
Average Employee Earnings

Formosa Plastics Salaries By Job Title

The average employee at Formosa Plastics earns a yearly salary of $60,756 per year, but different jobs can earn drastically different salaries.

The higher paying positions at Formosa Plastics include project manager, business analyst, senior piping designer, and systems administrator.

A typical project manager salary at Formosa Plastics is $106,388 per year.

Other roles at Formosa Plastics include waitress and server. A waitress at Formosa Plastics earns an average yearly salary of $21,943.

Formosa Plastics Careers

On average, employees at Formosa Plastics stay with the company for 4.0 years. Employees most commonly join Formosa Plastics after leaving Turner Industries. When they leave Formosa Plastics, they most frequently get their next job at The Dow Chemical Company.

Average Length of Employment
DuPont5.4 years
PolyOne5.0 years
Huntsman4.2 years

Formosa Plastics

4.0 years
Top Employers Before Formosa Plastics
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Top Employers After Formosa Plastics
CBIZ7.4 %
Alcoa6.6 %
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Formosa Plastics Employee Demographics

9.7
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Formosa Plastics Employees Education

Of the 2,609 employees at Formosa Plastics, 27.4% attended Victoria College. Employees at Formosa Plastics most frequently majored in Chemical Engineering, and most employees’ highest level of education is a Bachelors.

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Formosa Plastics Financial Performance

8.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

-

Founded in

1954

Organization type

Public

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Formosa Plastics Competitors

Some of the competitors of Formosa Plastics are Arkema, Johnson Matthey, and Air Liquide.

Employees at Arkema earn more than most of the competition, with an average yearly salary of $66,180.

The salaries at Johnson Matthey average $64,783 per year, and the salaries at Air Liquide come in at $64,559 per year.

Frequently Asked Questions about Formosa Plastics

How many Employees does Formosa Plastics have?

Formosa Plastics has 2,609 employees.

What industry is Formosa Plastics in?

Formosa Plastics is in the manufacturing industry.

What is Formosa Plastics's mission?

Formosa Plastics's mission statement is "Each individual in our Company takes personal pride in achieving performance excellence. Through our common goal we aspire to explore, challenge, and strive to exceed the best industry practice in every task performed. This enables us to maintain global competitiveness, achieve healthy, continual growth that will benefit society, and fulfill our commitment to our customers and responsibility to our colleagues."

What type of company is Formosa Plastics?

Formosa Plastics is a public company.

Who are Formosa Plastics's competitors?

Formosa Plastics competitors include PolyOne, Huntsman, DuPont, Evonik, Union Carbide, Inteplast Group, Hemlock Semiconductor, Nan Ya Plastics, Solutia, Air Liquide, CF Industries, Ascend Performance Materials, BASF, ArcelorMittal, Shintech, SNF Holding Company, Johnson Matthey, Arkema, Firestone Polymers, Ashland.

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Updated May 18, 2020

Zippia gives an in-depth look into the details of Formosa Plastics, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Formosa Plastics. The employee data is based on information from people who have self-reported their past or current employments at Formosa Plastics. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Formosa Plastics and its employees or that of Zippia.

Formosa Plastics may also be known as or be related to Formosa Plastics, Formosa Plastics Corporation and Formosa Plastics Corporation USA.