Chi Mei Industrial factory was founded by Wen-Lung Hsu in Tainan City in 1953. It was one of the first plastic processing plants in Taiwan at that time and was well known for it's beautiful and durable plastic wares. In 1985, in order to integrate resources, Chi Mei Corporation and Poly Chemicals merged. causing an increase in R&D, production and sales. Chi Mei became the largest ABS/SAN manufacturer in the world. Kibiton® TPE (Thermoplastic Elastomer) has become a world-wide industrial standard.