Taiwan's petroleum industry was a CPC monopoly prior to the 1990s, however deregulation allowed private firms to invest, leading to Formosa Plastics Group's launch of CPC competitor Formosa Petrochemical Company.
Taiwan's petroleum industry was a CPC monopoly prior to the 1990s. Deregulation allowed private firms. This was to invest. Taiwan's petroleum industry was leading to Formosa Plastics Group's launch of CPC competitor Formosa Petrochemical Company.