TAIPEI (Taiwan News) — Taiwan Specialty Chemicals Corporation stocks rose by 81.8% to reach NT$200 (US$6.26) per share after it was listed on the Taipei Exchange Friday (Sept. 20).
The corporation’s chair Hsu Hsiu-lan (徐秀蘭) said her company’s revenue had increased by nearly 96% year-on-year in the first half of 2024 to reach a net profit of NT$156 million (US$4.89 million), per CNA. She said this amounted to after tax dividends of NT$1.13 per share for shareholders.
Major semiconductor manufacturers are helping the Taiwan Specialty Chemicals develop products used in the production of chips, Hsu said at the listing ceremony. She said this assistance is helping Taiwan to reduce its reliance on imports and is supporting local supply chains.
Taiwan Specialty Chemicals was purchased by Taiwan’s Sino-American Silicon Products Inc. in 2018, and Hsu said this had helped the company significantly. She said in 2018, the company was low on money and orders, and has now become “a phoenix risen from the ashes.”
The gasses produced by the corporation will be used for dry etching in semiconductor manufacturing starting from next year, Hsu said. She added this will mark the first time Taiwan is able to independently source the materials for this process.
She said the chemicals produced in Taiwan can also be sold overseas due to the company’s specialized storage methods.
Taiwan Specialty Chemicals General Manager Chang Hsiung-fei (張雄飛) said anhydrous hydrogen fluoride is one of the products his company produces. He said his company will launch more “heavyweight products” next year, but said details are a company secret at present.
Chang said his company is working with chemical manufacturer Sunlit Fluo & Chemical Co. Ltd., which produces hydrofluoric acid, to jointly develop new products and reduce costs. He said together, the two companies’ chemicals provide the inputs needed for both dry-etching and wet-etching semiconductor manufacturing processes.
Taiwan Specialty Chemicals also produces products used in the chemical vapor deposition process in semiconductor manufacturing.
