Oriental Petrochemical Taiwan Co. Ltd.

Oriental Petrochemical Taiwan Co. Ltd. (OPTC) was established in 1989, it has witnessed the PTA developing history in Taiwan. OPTC has been one of the most important raw material supplier in local PTA industry. However, the walking path was full of rubbles, as we can see from the change of the ownership in the past 20 years:

• 1989 / ICI Petrochemicals Ltd.
• 1995 / ICI Far Eastern Petrochemicals Ltd.
• 1998 / DuPont Far Eastern Petrochemicals Ltd.
• 2004 / Invista Far Eastern Petrochemicals Ltd.
• 2008 / Oriental Petrochemical Taiwan Co. Ltd.

After FEG taking full ownership of OPTC, the overal competity has increased significantly. OPTC currently produces 1 million tons of PTA per year and working closely with OPSC to support each other.

Oriental Petrochemical (Shanghai) Corporation

Oriental Petrochemical (Shanghai) Corporation located at Shanghai Spark Development Zone beside the Hangzhou Bay with an area of 430,000 sqare meters. OPSC was also the first petrochemical investment in China in FEG. It was built in January 2003 with annual production capacity of 600,000 tons PTA and was put into production in April, 2006.

After the financial crisis, OPSC has found its niche at beginning of 2009 and went on full production and sales. With the helps from other companies in FEG to tightly control material cost and the annual production has reached historical high point, the operation rate reached 107%, this is much higher than the industry average of 80%. OPSC is ranked 71 in top 100 enterprises in Shanghai and ranked 34 in top 50 manufacturing business.