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Tri Chemical Laboratories Inc. and Hefei ADChem Semi-Tech. Co., Ltd. resolved to establish a joint venture in Hefei, Anhui, China to manufacture, sell, and develop high-purity precursors for semiconductors. The JV will be capitalized at RMB 100 million, with Tri Chemical holding 33% and ADChem 67%.
“The Company resolved to establish a joint venture in China with ADChem to manufacture, sell, and develop, among other products, high-purity precursors for use in semiconductors.”marketscreener.com
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