Founded in 1975, Oriental Union Chemical Corporation became a publicly listed company in 1987 and with a current capital of about NT$7.7 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 t