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Formosa Plastics Corp and Daicel Corp established a 50-50 joint venture, Formosa Daicel Advanced Chemicals Co Ltd, with initial paid-in capital of NT$800 million, to produce electronic-grade photoresist thinner. The plant will be built at Formosa Plastics' facility in Kaohsiung's Renwu District, with production expected to begin in December 2028.
“The joint venture would leverage its resources, including materials procurement, land and public facilities, to establish a local supply system.”taipeitimes.com
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