In 1975, the company was authorized to be established and registered with the shareholders as Central Investment Corporation, Development Fund Management Committee of the Executive Yuan, Far Eastern Textile Corporation, Yongbei United Electric Power Company, and China Development Trust Company Limited, with a capital of NT$569,250 thousand.
1978 Construction of the Glycol Plant was completed.
1982 The U.S.-based Yongbei United Petrochemical Company withdrew from the Company, and Yung Lian Gas Company, which was invested by the Company together with the Central Investment Corporation and the China National Petroleum Corporation, was merged into the Company in the same year, with a capitalization of NT$1,493,658 (US$1,493,658).
1987 Stocks were approved to be listed on the Taiwan Stock Exchange.
1992 Completed the construction of the Glycol Wastewater Treatment Plant which meets the national standard.
1995 Acquisition of approximately 9% of the shares of Brenemann Far East Corporation (later renamed DuPont Far East Petrochemicals).
1997 Construction of a second liquefied gas plant, adding approximately 73,000 tons of liquid nitrogen and liquid oxygen*** per year.
1998 1. Transferred investment to establish Dong Fu Investment Co., Ltd. as a 100% owned subsidiary of Dong Lian.
2. Obtained ISO-14001 (Environmental Protection Management) certification and set a record of 2 million consecutive man-hours without an accident.
1999 1. Established a branch office in Kaohsiung's Nanzi Export Processing Zone and built an ON-SITE gas plant to expand the gas business.
2. Completed the debottlenecking project of ethylene glycol and ethylene oxide production capacity, increasing the production of ethylene oxide and ethylene glycol by about 70,000 tons and 40,000 tons respectively per year.
2000 Implementation of Enterprise Resource Planning (ERP) system.
2002 1. Completion of the Ethanolamine Plant, which produces Monoethanolamine, Diethanolamine, and Triethanolamine, with an annual production capacity of approximately 40,000 tons, making it the largest plant in Asia, and the first step towards diversification.
2. Obtained ISO-9001 (Quality Management) and OHSAS-18001 (Occupational Health and Safety Management) certifications. Completion of the Vinyl Carbonate Plant to produce Ethylene Carbonate (EC) with an annual production capacity of approximately 40,000 tons, making it the world's largest EC plant in terms of production capacity, and supplying the full amount to Asahi Mesa Corporation, a joint venture between Chi Mei Corporation and Asahi Kasei Corporation of Japan, to produce Polycarbonate (PC).
2003 Approved by the Investment Commission of the Ministry of Economic Affairs, PET Far Eastern (Holding) Ltd. of Bermuda and Pacific Petrochemical (Holding) Ltd. of British Virgin Islands indirectly invested US$20,000,000 in PetroAsia Petrochemical (Shanghai) Ltd. respectively, for a total investment of US$40,000,000. Ltd. indirectly invested US$20,000 thousand in Yadong Petrochemical (Shanghai) Co. This company is engaged in the production and sale of pure terephthalic acid, and the Company owns approximately 40% of the shares.
In 2004, we were honored with the "Industrial Sustainability Award", the highest award in Taiwan's industrial sector, which symbolizes the sustainable development of an enterprise.
2005 Completion of the company's own design and construction of a multi-functional pilot plant, laying a good foundation for the future development of new product technology, basic design of the process and trial production of new products.