"Formosa Plastics was accused in 1998 of dumping 3,000 tons of waste contaminated with high levels of mercury near the Cambodian port city of Sihanoukville, causing a local panic. The company later agreed to ship the waste back to Taiwan."
紐約時報報導：Y. C. Wang, Billionaire Who Led Formosa Plastics, Is Dead at 91
Published: October 16, 2008
TAIPEI, Taiwan (AP) — Wang Yung-ching, who built his Formosa Plastics Group into Taiwan’s biggest and most profitable manufacturing conglomerate, died Wednesday in New Jersey while on a business trip. He was 91.
His death was announced in a statement by Formosa Plastics.
A farmer’s son with only an elementary school education, Mr. Wang set up a rice store with his two brothers in his early 20s. He then established the Formosa Plastics Corporation in 1954 with a loan from a United States aid program.
Forbes listed Mr. Wang as the island’s second-wealthiest person this year, with a personal fortune estimated at $6.8 billion.
Known widely as the God of Management, Mr. Wang expanded his plastics and petrochemicals empire and diversified into electronics, cosmetics, hospitals and car manufacturing.
A strong proponent of closer economic ties with rival China, Mr. Wang invested in power plants and plastics factories on the Chinese mainland. Formosa Plastics also set up chemical companies in the United States and owns several oil wells and properties rich in natural gas in Texas.
Mr. Wang is said to have lived an austere life, staying in an apartment inside his group’s headquarters in downtown Taipei. The group’s immense success is partly attributed to a corporate culture emphasizing thrift and hard work.
Formosa Plastics was accused in 1998 of dumping 3,000 tons of waste contaminated with high levels of mercury near the Cambodian port city of Sihanoukville, causing a local panic. The company later agreed to ship the waste back to Taiwan.
Formosa Plastics said Mr. Wang assigned seven senior managers to run the group in 2006 and they will continue to oversee operations collectively after his death.
Mr. Wang is survived by his wife, Lee Pao-chu; two sons; seven daughters; four sisters; and one brother. His son, Winston Wang, runs Grace T.H.W., a group active in petrochemicals and electronics in China. His daughter Cher Wang and her husband, Chen Wen-chi, run the chip developer VIA Technologies.