73 Years of Progress,
Shaping the Future Together

For more than seventy years, FORMOSAN RUBBER INC. (FRG) has grown alongside Taiwan—rooted in tradition, guided by enduring values, and driven by a quiet determination to do things right.

From our beginnings in Banqiao, northern Taiwan, we have steadily evolved into one of Asia’s leading one-stop providers of rubber and plastic solutions, serving industries where reliability, responsibility, and trust matter most.

At FRG, growth has never been about speed alone. It has been about making thoughtful choices, building long-term partnerships, and continuously refining what we do best.

While our foundation remains in advanced manufacturing, our vision has expanded over time into logistics and real estate development, forming a diversified and resilient business portfolio that supports sustainable progress across generations.
 

What has remained unchanged is our belief that “Research Makes the Difference.....”
More than a slogan, this philosophy is a mindset that guides our decisions every day.

Through disciplined research, dedicated craftsmanship, and persistent innovation, FORMOSAN RUBBER INC. (FRG) continues to develop new products, secure key patents, and deliver solutions that meet the evolving needs of global markets.

Sustainability is deeply woven into the way we think and operate.
By aligning with the Global Reporting Initiative (GRI) Standards and advancing our Environmental, Social, and Governance (ESG) practices, we seek not only transparency, but also meaningful impact.
To us, sustainability is not a destination. It is an ongoing responsibility to our people, our partners, and the world we share.

Seventy-three years of experience have reinforced a simple truth: the value of an enterprise is measured not only by what it achieves, but also by what it contributes.
Looking ahead, FRG will continue to move forward with purpose—connecting innovation with sustainability, industry with society, and today’s efforts with tomorrow’s possibilities.
As we continue this journey, we remain committed to becoming a trusted enterprise for the next hundred years.

Chairman Charles Hsu

Advancing with Gratitude,
Innovating with Perseverance

Seventy-three years is not merely a measure of time. It is a journey shaped by gratitude, perseverance, and countless shared efforts.

As I look back on FRG’s path, the word that resonates with me most deeply is gratitude.

I am grateful for every person who has walked alongside us, and for every partner who has placed their trust in what we are building together. Each step of this journey has been made possible by the dedication, support, and belief of many people.

My father, Former Chairman Henry Hsu, once said, “We may succeed slowly, but we must never fail prematurely.”  
This belief has guided me through more than three decades of leadership and has become a cornerstone of FRG’s culture.

In moments of uncertainty and challenge, we choose to move forward with steady and thoughtful steps—doing what is right, even when the path ahead is not easy. We believe that small corrections, made with sincerity day after day, will ultimately guide us back in the right direction.

At FRG, leadership is rooted in honesty, empathy, and trust.

Inspired by the principle of Sunao—an open, sincere, and receptive mindset—we strive to face ourselves truthfully, listen to others with humility, and understand our colleagues and customers with care. Through genuine human connection, we believe trust can be built, strengthened, and carried forward.

To me, the essence of business goes beyond performance and profit.

It lies in carrying forward a responsibility entrusted to us by the generation before us—to enrich society, give back with gratitude, and create value that reaches beyond the company itself.

On the path of innovation and sustainability, FRG continues to challenge its own limits.

From defense and aerospace to medical and industrial applications, we continue to invest in research, development, and patented technologies that strengthen our capabilities and expand the possibilities of our materials.

These efforts reflect our enduring belief that “Research Makes the Difference.....” 
Even when ESG initiatives require significant commitment and resources, we remain resolute. We believe this is the path that allows us to move forward in harmony with the world and alongside the communities we serve.

The story of FRG is, at its heart, an ongoing practice of gratitude—expressed through perseverance, responsibility, and care for people.  Every day is a new beginning.  With sincerity, courage, and humility, we will continue to move forward, drawing strength from the depth of time and experience as we work toward the next hundred years of our shared journey.

President  George Hsu