| CEO Name | Tsao Min. |
| Nationality | Taiwan |
| Net Worth Estimation | $400 million |
Tsao Min, current CEO of Formosa Plastics Corporation, holds significant equity and leadership in one of Taiwan's largest petrochemical conglomerates, driving his estimated net worth to around $400 million. His wealth is linked to direct corporate holdings, executive compensation, and the continuous profitability of the Formosa Plastics corporate group.
Tsao Min., CEO of Formosa Plastics Corporation, has an estimated net worth of $400,000,000, which is 471% higher than the maximum and 39,900% higher than the minimum net worth of CEOs in the chemical business category. This reflects a significant outlier status compared to peers with estimated CEO net worths ranging from $1,000,000 to $70,000,000.
Business Category: Chemical
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 70000000 USD
Tsao Min. Performance in Formosa Plastics Corporation
Tsao Min., CEO of Formosa Plastics Corporation, demonstrates strong leadership by driving strategic innovations and fostering a culture of operational excellence. His decisive decision-making focuses on sustainable growth, cost optimization, and expanding global market presence, significantly enhancing the company's competitive edge. Under his performance-driven management, Formosa Plastics has achieved robust financial results and strengthened its position as a leading player in the plastics industry.
Latest News
Formosa Plastics Corporation's Recent Developments and CEO Leadership
Formosa Plastics Corporation, U.S.A., recently achieved Operation Clean Sweep(r) Blue Verification at its Texas facility, underscoring its environmental stewardship commitment. The company also commissioned North America's largest horizontal polypropylene reactor, enhancing production capacity, with Executive Vice President Jay Su highlighting the company's focus on innovation and customer needs. The broader Formosa Plastics Group has faced scrutiny for environmental and safety issues, prompting leadership changes including the return of Chen to manage risk reduction after multiple industrial accidents in Taiwan.
Source: http://www.businesswire.com/news/home/20251031759986/en/Formosa-Plastics-Corporation-Texas-Achieves-Operation-Clean-Sweep-Blue-Verification