News / Taiwan / economic_daily
GPPC Invests NT$1.485 Billion in Specialty Chemicals Fund to Target Semiconductor Materials
Process Industries · Chemicals: Major Diversified · economic_daily · 2026-10-20
1312
GPPC is accelerating its business transformation by committing NT$1.485 billion to a specialty chemicals fund to expand its footprint in the semiconductor supply chain.
What Happened
Strategic Transformation: GPPC is actively executing its "Pivot and Collaborate" strategy, focusing on high-value products, global market expansion, and diversified investments to find new growth engines beyond its traditional petrochemical business.
Fund Investment: The company announced a ten-year commitment of NT$1.485 billion to a specialty chemicals fund managed by CDIB Capital Group, targeting companies with strong R&D and mass production capabilities in specialized materials.
Industry Footprint: Following its partnership with Japan's AWI, GPPC is further entering the semiconductor materials market through venture capital, while continuing to develop high-end materials like electronic-grade low-carbon hydrogen and green bio-based substrates.
Synergy Creation: General Manager Tseng Chia-hsiung stated that by partnering with professional investment institutions, GPPC aims to leverage its manufacturing expertise to identify high-potential targets and explore new opportunities in raw material supply and technology development.
Read original
More in Process Industries
Process Industries · economic_daily · 2026-10-22
Strong seasonal demand for footwear materials and supply-side constraints are driving a positive outlook for EVA producers Formosa Plastics, USI, and Asia Polymer.
1301
Process Industries · economic_daily · 2026-10-22
Taiwan Cement shares surged over 4% to a one-year high as institutional investors sought defensive assets, despite ongoing challenges from regional competition.
1101, 2308, 2317, 2330, 2383, 2454, 3711
Process Industries · economic_daily · 2026-10-21
Sunlit Chemical reported record-breaking Q3 earnings with an EPS of NT$2.44, while announcing a NT$2.82 billion expansion to support semiconductor demand.
1773
Latest in Taiwan
Electronic Technology · economic_daily · 2026-10-23
Gold Circuit Electronics is set to benefit from the hardware upgrades in Google's TPU and Amazon's ASIC chips, with analysts projecting EPS to hit 70 TWD by 2027.
2368
Electronic Technology · economic_daily · 2026-10-23
Fortune Electric is upgrading its product portfolio from traditional E-glass to advanced Low DK and M9 quartz fabrics to capture demand in AI servers and satellite communications.
1815
Electronic Technology · economic_daily · 2026-10-23
Major CSPs are shifting toward custom ASIC chips and liquid-cooled rack systems to overcome memory bottlenecks, creating significant opportunities for Taiwan's server and cooling component suppliers.
Electronic Technology · economic_daily · 2026-10-23
Copper clad laminate manufacturer ITEQ announced robust September results with a monthly EPS of 3.54 TWD, exceeding its entire Q2 performance as it eyes long-term growth.
6213