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Daicel Corporation and Formosa Plastics Corporation resolved to establish a joint venture company, Formosa Daicel Advanced Chemicals Co. Ltd., in Kaohsiung City, Taiwan, with a capital stock of TWD 800 million. The joint venture will manufacture and sell chemical products for the semiconductor industry, with operations planned to start in January 2029.
“The joint venture company is expected to become a consolidated subsidiary of the Company.”marketscreener.com
Summarized from public sources; check the original articles before acting on it.