POCS Business Summary

POCS (2904.TW) operates as a premier provider of bulk liquid storage and logistics services for the petrochemical and energy sectors, primarily generating revenue through long-term storage contracts, throughput fees, and handling charges. The company’s core business is divided into two primary segments: the Chemical and Oil Tank Terminal division, which manages 51 specialized tanks with a total capacity of approximately 300,000 cubic meters at the Port of Taichung, and the Renewable Energy division, which focuses on the development and operation of solar photovoltaic systems with a total capacity exceeding 24 MW. POCS functions as a critical independent infrastructure node in Taiwan's energy supply chain, competing directly with state-owned CPC Corporation, the logistics arms of the Formosa Plastics Group, and private operators such as Chun Pin Enterprise and West Pacific Chemical Terminal. Within this landscape, POCS maintains a competitive edge as a leading third-party operator, offering neutral, high-specification storage solutions to international chemical traders and local manufacturers who require flexible, non-captive port facilities. The company was founded in 1978 and has been led through its modern expansion by Chairman Wang Chao-Feng (王兆峰), who has been pivotal in diversifying the firm’s portfolio into renewable energy while consolidating its dominance in port logistics. The executive leadership includes General Manager Liao Chih-Hsiung (廖志雄), who brings extensive operational experience in hazardous material handling and terminal management to oversee the company’s high-safety-standard operations. The leadership team is supported by a stable board of directors that emphasizes conservative financial management and consistent shareholder returns, with significant oversight from the founding Wang family and strategic institutional investors. This management pedigree, rooted in decades of industrial infrastructure experience, ensures POCS remains compliant with rigorous international safety certifications like ISO 45001 and CDI-T, reinforcing its reputation as a reliable partner for global petrochemical majors.