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FPG Promotes Within for Three Major Subsidiaries
2007/11/09
Taipei, Nov. 9, 2007 (CENS)--Formosa Plastics Group`s three major subsidiaries, including Nan Ya Plastics Corp., Formosa Chemical & Fibre Corp. (FCFC) and Formosa Petrochemical Corp. (FPCC), recently promoted their vice presidents to presidents.
FPG`s founder Y.C. Wang said his group would rely on capable professionals to run all the group`s major business units.
The newly designated presidents for Nan Ya, FCFC and FPCC are Chia-chao Wu, Fu-yuan Hung and Chi-yi Su, respectively. The promotion within for the group`s three major subsidiaries indicates that the group believes in the expertise of its own people, while the group`s founding Wang family will still retain the power to make decisions and policies.
With years of experience working for FPG, the three newly-promoted presidents had worked their way up to the vice presidency in their respective companies.
Wu has been acting as the spokesman for Nan Ya for several years and over the past few years has been in charge of the development of electronics business. Hung has successful experience in developing polystyrene (PS) and acrylonitrile butadiene styrene (ABS); while Su is a major player in helping FPG develop its naphtha-cracking complex located in Yunlin County of central Taiwan.
(by Ben Shen)
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