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Taiwan's Materials-KY Reports 30% Revenue Growth in September and Announces Acquisition of Cerdia
Process Industries · Chemicals: Specialty · economic_daily · 2026-10-06
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Materials-KY reported a 30% year-over-year revenue increase for September and unveiled a strategic acquisition of European firm Cerdia to expand its global footprint.
What Happened
Revenue Performance: Materials-KY reported September consolidated revenue of NT$1.024 billion, marking a 30% year-over-year increase, though it dipped 1% month-over-month. Cumulative revenue for the first nine months of the year reached NT$8.677 billion, representing a 17% decline compared to the same period last year.
Market Outlook: The company noted that downstream inventory levels have returned to a healthy range following a year of adjustments, signaling a potential recovery in restocking demand. Management intends to focus on supply chain efficiency and new product development to sustain long-term growth momentum.
Strategic Acquisition: To bolster its global presence, the company has entered into an agreement to acquire 100% of the European cellulose material manufacturer Cerdia Holding. This transaction will expand the company's production footprint into Germany, the U.S., Brazil, and Russia, creating a truly global operational network.
Future Strategy: The firm remains cautiously optimistic about its long-term prospects, emphasizing investments in green chemistry and sustainable materials. It will continue to integrate Cerdia's operations while remaining agile in response to global trade conditions and end-market demand.