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Formosa Petrochemical Appoints Ex-CPC Boss as Chairman

8:41 AM MDT | September 26, 2011 | —ian young

Formosa Petrochemical, part of the Formosa Plastics Group (FPG; Taipei), has appointed Chen Bao-lang as its new chairman, effective September 15. Chen succeeds Wilfred Wang, who resigned in late July following a series of fires at Formosa Petrochemical’s Mailiao, Taiwan manufacturing complex during the previous year. Su Chi-yi also resigned as president of Formosa Petrochemical in late July and his successor had not been announced by CW press time. Chen has also been named chairman of Nan Ya Plastics, another FPG subsidiary, succeeding Wu Chin-jen. Chen has...

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