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Wednesday, 12 August 2026

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Formosa Plastics and Daicel Form NT$800 Million Semiconductor Materials Venture

By TLA AI Editor3 min read

Taipei, Taiwan, 12 August 2026 – Formosa Plastics Corp and Japan’s Daicel Corp have established a 50-50 joint venture to manufacture electronic-grade photoresist thinner in Taiwan, targeting rising demand from advanced semiconductor production.

Formosa Daicel Advanced Chemicals Co Ltd has initial paid-in capital of NT$800 million, equivalent to about US$24.85 million. Each partner holds an equal stake, aligning ownership and initial funding between the Taiwanese industrial group and the Japanese chemicals specialist.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.