Chi Mei Company (CMC) is a supplier of plastics, electronic materials, specialty chemicals, and synthetic rubber materials, which are further used in the production of various consumer goods. It was founded in 1960 and headquartered at Tainan City, China. The company is growing and it manages its profitability through leveraging existing resources to expand sales and extracting full benefits of a vertically integrated business. The company accounts for the largest market share in the ABS market in Asia-Pacific (12.19%) in 2013.
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Formosa Plastic Corporation is one of the largest privately owned enterprises in Taiwan; founded in 1954. It focuses on the sales of petrochemicals, plastics, and textile products with annual revenue of USD 13.5 billion. The company holds the second-largest market share in the ABS market in Asia-Pacific (8.17%).
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The key participants operating in the Asia-Pacific Acrylonitrile Butadiene Styrene market are Formosa Plastic Corporation (Taiwan), Chi Mei (China), and LG Chem (China).