The birth of petrochemical and plastic industries completely changed people's lives

Products of the petrochemical and plastic industries can be seen everywhere in daily life, from vinegar, salt, soy sauce, home appliances, cups and bowls, food processing and packaging in the kitchen, to TVs, sofas, curtains/floors, lamps, and paints in the living room. Even cosmetics, clothing, shoes, bags, glasses, and electronic products, as well as bicycles, car interior parts/accessories, gasoline/diesel, asphalt roads, gauze bandages, other consumables commonly used in hospitals, and nursing and sanitary products, are all closely related to the key materials provided by the petrochemical and plastics industries. They are certainly indispensable and important to people's lives.

 

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FPG Development

FPG started with the production of PVC powder. After years of hard work, in addition to the horizontal development of the petrochemical industry as its core, it has also actively made use of the vertical integration of the upstream and downstream industries to expand the economic scale to reduce production costs. At present, FPG has completed the establishment of integrated upstream, midstream and downstream production operations in the fields of oil refining, chemicals, plastics, fibers, and electronics. Also, FPG continues to invest abroad, such as United States, China, Vietnam, and Southeast Asia. Benefiting from the vertical integration of raw materials and R&D, a number of competitive products are mass-produced, and they are designed with more functions to expand their scope of applications and increase their added value. In doing so, FPG's products can be used to their fullest potential in daily life, food packaging, health care, agriculture, industry and electronics.

The upstream/downstream relationships of FPG products (click the image below to enlarge it). Different colors represent products produced and sold by different companies:

 

 

FPG collaborates with different companies to provide products that are both environmentally friendly and functional

In order to cater to market demand and provide customers with products that are better quality, environmentally friendly, safe, and diverse, FPG actively invites the government, academia, competitors, and experts and scholars to exchange technical experience. FPG also regularly researches product technology, carries out industry analysis, and conducts peer comparison to strengthen its advantages of vertical integration. FPG has gradually adjusted its R&D strategies and discarded the former concept of "mass producing and mass marketing good products." Starting with "contacting customers and investigating actual market needs," FPG aims to maximize customer satisfaction by combining its own technology, production scale, and other advantages to provide customers and society with the best solutions.

Stand at the forefront of the industry and grow with customers

In recent years, in response to rapid market changes, FPG has introduced technologies such as simulation labs, automation, big data, and the Internet of Things. With forward-thinking strategies and innovative techniques, FPG has continued to shift to smart factories, construct artificial intelligence (AI), and devise concrete strategies for three major aspects: manufacturing, sales, and R&D. In the future, FPG will continue to propose R&D projects that focus on high performance, easy processing, durability, non-toxicity and recyclability, cost reduction, light weight and compact size, as well as enhancing the overall R&D performance to promote sustainable growth of FPG's businesses and its partners.

(FPG, Dec. 31, 2022)

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