Mitsui Chemicals Tohcello, Inc. Establishes a New Company in Taiwan
October 22 2017 - 10:00PM
Business Wire
Strengthening Sales of ICROS™Tape in Response
to Increasing Demand for Semiconductor Manufacturing
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.
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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]
Company Name Taiwan Tohcello Functional Sheet, Inc. Business
Manufacturing and sales of tape for
semiconductor manufacturing (ICROS™Tape)
Location Kaohsiung Park, Southern Taiwan Science Park, Luzhu
District, Kaohsiung City , Taiwan (In process of application)
Capital 550mil. Taiwan dollars (Approx. 2bil. yen) Capital Investor
Mitsui Chemicals Tohcello, Inc. 100% Production Capacity 3,800,000
m2/ year Schedule (Plan)
Establishment of the company: November
2017Commencement of commercial operation: September 2019
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20171022005001/en/
Mitsui Chemicals, Inc.Takashi Kawamoto, +81-3-6253-2100Corporate
Communications Divisiontakashi.kawamoto@mitsuichemicals.com