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Formosa Plastics Group announces NT$6 billion semiconductor chemicals joint venture

Verifying
  • Formosa Plastics Group announced a joint investment with Chung Hwa Chemical Industrial Works.
  • NT$6 billion, approximately $188.4 million, will fund the new company.
  • Formosa Chung Hwa Advanced Chemical Co., Ltd. is the company the partners plan to establish.
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