MITSUBISHI GAS CHEMICAL COMPANY, INC. : Notice of Establishment of Joint Venture with ITEQ CORPORATION in Taiwan

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Mitsubishi Gas Chemical Company, Inc. (MGC; Headquarters: Chiyoda-ku, Tokyo; President: masashi fuji) is pleased to announce the creation of a joint venture in Taiwan for the purpose of manufacturing and selling products for printed wiring board laminated material with Taiwan electronic materials manufacturer ITEQ CORPORATION (ITEQ).

MGC’s Electronic Materials Division, Specialty Chemicals business segment, provides printed circuit board laminate materials for semiconductor package applications, which are characterized by high heat resistance and low thermal expansion. thanks to our proprietary “BT Resin” technology, which have been highly appreciated in the market. And, they have been widely used in semiconductor applications such as cell phones, personal computers, and automobiles.

The semiconductor market is expected to grow further, driven by increased investment in data centers, the generalization of 5th generation mobile communications (5G) and technological innovation in the automotive industry (CASE/ADAS).

In response to the expansion and diversification of the semiconductor market in the future, MGC and ITEQ will work to provide new products for IC substrates that meet market demands using technologies, equipment and knowledge of both companies in creating this joint venture.

joint venture >

Company Name: MGC-ITEQ Technology Co., Ltd.

Location: No. 17, Daluge Rd.Xinpu Township, Hsin Chu County, Taiwan (ITEQ head office)

Capital: NTD 100 million

Investment rate: 51% by MGC, 49% by ITEQ

President of the council: Tomoyuki Azuma

Business Activities: Manufacture and sale of copper clad laminates and prepregs, primarily for IC package substrate applications

Corporate Communications Division, MITSUBISHI GAS CHEMICAL COMPANY, INC.

TEL: +81-3-3283-5040 https://www.mgc.co.jp/eng/

Company Name : ITEQ CORPORATION (?????????? in traditional Chinese)

Location: No. 17, Daluge Rd.Xinpu Township, Hsin Chu County

Creation date: April 10, 1997

Capital: NTD 3,830 million

Sales: NTD 32,525 million (FY2021)

President: M.chenDennis

Business Activities: Manufacture and sale of copper clad laminates and prepregs for PWB

Number of employees: 3,903 (at end March 2022)

TO FINISH

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