# Daicel and Formosa Plastics to form joint venture Formosa Daicel Advanced Chemicals

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.

- Type: Partnership
- Announced: 2026-07-10
- Where: Kaohsiung City, TWN
- Value: $25.0M (800.0M TWD)
- Status: announced
- Products: chemical products for semiconductor industry
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Formosa Plastics Group](https://endata.com/companies/22388.md) (partner)
- [Daicel Corp.](https://endata.com/companies/23091.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/news/daicel-corporation-and-formosa-plastics-corporation-establish-joint-venture-company-formosa-daicel-a-ce7f5eded180f322), 2026-07-10: "The joint venture company is expected to become a consolidated subsidiary of the Company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.