Nasia Engineering Plastics Factory is a subsidiary of Formosa Plastics. Since 2001, it has set up a production base in Huizhou, Guangdong Province, purchased 59.3 hectares (890 mu) of land, with a total investment of more than 300 million US dollars and a registered capital of 110 million US dollars. In 2019, it spent 2.9 billion yuan to build the second electronics Plant and the glass fiber Fabric Plant, with an annual turnover of 5 billion yuan. The total number of employees is 1,100. The company (Saturated polyester terephthalate raw materials company) has strong technical force and standardized management.
Formosa Plastics continues to diversify its business and management. After more than 50 years of hard work, the company now covers the fields of plastics, textiles, petrochemicals, electronics, energy, transportation, public works, steelmaking, biotechnology, medical care and education.