[October 22, 2017] |
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Mitsui Chemicals Tohcello, Inc. Establishes a New Company in Taiwan
Mitsui Chemicals, Inc. (Head Office: Minato-ku, Tokyo; President & CEO:
Tsutomu Tannowa) announced that its wholly owned subsidiary, Mitsui
Chemicals Tohcello, Inc. (Head Office: Chiyoda-ku, Tokyo; President &
CEO: Yoshihisa Fujimaki) has decided to establish a company in Taiwan
that will manufacture and sell the ICROS™Tape, a tape for semiconductor
manufacturing.
This press release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20171022005001/en/
ICROS(TM)Tape (Photo: Business Wire)
The ICROS™Tape is a protective tape used for semiconductor
manufacturing. It holds the world's largest market share as a protective
tape for the back grinding process of silicon wafer. The semiconductor
market is experiencing growing demand attributable in part to the growth
of mobile terminals. Demand is expected to continue to grow at a rapid
clip due in part to the gathering momentum of growth in demand for
semiconductors for Data Center and IoT-related applications. To respond
to the growing demand, Mitsui Chemicals Tohcello will set up a
manufacturing and sales base in Taiwan, aiming to build a stable supply
system and expand its business domains in addition to increasing its
supply capacity.
[Overview of the New Company]
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Company Name
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Taiwan Tohcello Functional Sheet, Inc.
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Business
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Manufacturing and sales of tape for semiconductor manufacturing
(ICROS™Tape)
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Location
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Kaohsiung Park, Southern Taiwan Science Park, Luzhu District,
Kaohsiung City , Taiwan (In process of application)
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Capital
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550mil. Taiwan dollars (Approx. 2bil. yen)
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Capital Investor
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Mitsui Chemicals Tohcello, Inc. 100%
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Production Capacity
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3,800,000 m2/ year
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Schedule (Plan)
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Establishment of the company: November 2017 Commencement of
commercial operation: September 2019
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Mitsui Chemicals Tohcello will strengthen its manufacturing, sales, and
engineering services to support high-quality products while continuing
to bolster and expand its film and sheet business.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171022005001/en/
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