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Founded in 1975, Oriental Union Chemical Corporation became a publicly listed company in 1987 and with a current capital of about NT$8.85 billion. OUCC was originally a joint venture with a multinational corporation, and it is now the major petrochemical force within the Far Eastern Group. Over the three decades, OUCC has constantly improved its core ethylene oxide processing technology and has become a major supplier of ethylene glycol and ethylene oxide derivatives in Taiwan and throughout the Asia-Pacific Region.

Chemical companies are facing unprecedented raw material costs from the rise in oil prices. In Asian markets there is increased competition from new ethylene glycol (EG) plants in China and the Middle East. In response to these challenges OUCC has developed a multi-pronged strategy involving a series of expansion projects and enhancing its core businesses to maintain a competitive edge in the petrochemical industry.  Another tactic is the diversification into specialty products and fine chemicals. The goal is to lessen the impact of cyclical changes in raw material by building on existing talents and skills to increase competitiveness.

Other actions aimed at keeping OUCC strong include the introduction of a "Six Sigma" quality initiative, cost reductions, elimination of production bottlenecks, and adaptive management principles.

OUCC places emphasis on product quality, industrial safety, and environmental protection, and has received the certifications of "ISO-9001 Quality Management Systems," "OHSAS-18001 Occupational Health and Safety Assessment Series," and "ISO-14001 Environmental Management Systems" to ensure customer satisfaction and employee safety.

Looking to the future, OUCC has committed to diversifying its product lines to encompass commodity chemicals, specialty chemicals, advanced chemical technology, and material engineering to create value for customers, shareholders, and employees.

OUCC Chronicle
1975 The registration of the company was approved, with 4 shareholders including Central Investment Holding Co., Executive Yuan Development Fund., Far Eastern Textile Corporation, Union Carbide Corporation, USA, and China Development Corporation. Initial capitalization was NTD$569,250,000.
1978 Completion of construction of EG plant.
1982 Was merged with Union Industrial GAS Company. The capital amounted to NTD$1,493,658,000.
1987 The company was publicly listed on the Taiwan Stock Exchange.
1992 EG waste water treatment plant completed.
1997 Added second gas plant to increase output of gas products.
1998 Established Ton Fu Investment Corporation, a fully owned subsidiary of OUCC.
1999 Received ISO-14001 Environmental Management Systems Certification.
Established a branch office in the Kaohsiung Nantz Export Zone, and built an on-site gas factory to expand gas operation.
Completed debottlenecking of EO/EG.
2000 Implemented SAP Enterprise Resource Planning_(ERP) System.
2001 Completed EA plant with annual output of 40,000 tons.
Completed EC plant with annual output of 40,000 tons.
2002 Received ISO-9001 Quality Management Systems and OHSAS -18001 Occupational Health and Safety Assessment Series certifications.
2003 Began construction for Oriental Petrochemical PTA plant in Shanghai. Started production in 2006.
2004 Was awarded the "Industrial Sustainable Excellence Award" the highest industrial honor in Taiwan.
2005 Completed a multifunctional pilot plant for developing and testing R&D results, new process designs, new product pilot runs and more.
2008

Completed No.2 EA plant with annual output of 40,000 tons. Total capacities of both EA plants reach 80,000 tons.
Completed EC plant expansion with annual output of 60,000 tons.
Established Oriental Petrochemical (Yangzhou) Co. Ltd., by OUCC

2009 Rewarded “National Friendly Workplace Award” from Council of Labor Affairs, Executive Yuan, Taiwan.
2010 Procured PPL shares from both Yuan Ding Investment Ltd. & Core Pacific Capital Ltd., and sold PETH shares to Far Eastern New Century Corp., OUCC held 100% of PPL shares and controls 39% of Oriental Petrochemical (Shanghai) Ltd. shares.
2011 Completed the EA plant with annual output of 40,000 tons at Oriental Petrochemical (Yangzhou) Ltd., with commercial launch delivered in April.
Completed the Ethylene Oxide Derivatives (EOD) plant with annual output of 40,000 tons at LinYuan site in December
2012

Completed the EOD plant with annual output of 60,000 tons at Oriental Petrochemical (Yangzhou) Ltd., with commercial launch delivered in July.
Began the construction of Far Eastern Union Petrochemical (Yangzhou) Ltd., an EG plant with annual output of 500,000 tons, a 50/50 joint venture between OUCC and Far Eastern New Century Co. Ltd.

2013 December: Revoked company registration of the Nantz branch office.

2014

February: With the approval of the Investment Commission, MOEA, Pacific Petrochemical (Holding) Ltd. (PPL) reinvested in the Tongda Industrial Gas (Yangzhou) Co Ltd. The company was primarily engaged in the construction of a cryogenic ethylene tank and an Air Separation Unit (ASU).The Company held 50% of its shares indirectly.

2015

February: Completed re-debottlenecking projects of EO & EG, with respective annual output of 360,000 tons and 300,000 tons.
December: Completed gas plant of Tongda Industrial Gas (Yangzhou) Co Ltd, with annual output of 800,000 tons.

2016

June: Completed the gas plant of annual output of 340,000 tons at Linyuan.
June: Launched commercial production of the per annum 400,000-ton EO and 500,000-ton EG plants of Far Eastern Union Petrochemical (Yangzhou) Ltd.
December: Completed the third CO2 plant of annual output of 40,000 tons at Linyuan.

2017

February: Completed the technical revamp of EOD plant at Oriental Petrochemical (Yangzhou) Ltd., increasing EOD annual output to 66,000 tons.
December: Completed the revamp of No. 1 EA plant into the EB plant with annual output of 20,000 tons.

2018 February: Completed the technical revamp of EOD plant at Oriental Petrochemical (Yangzhou) Ltd., increasing EOD annual output to 66,000 tons.