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Tex Year Expands into AI Supply Chain with Specialty Chemicals
Process Industries · Chemicals: Specialty · economic_daily · 2026-08-26
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Tex Year reports strong growth in specialty chemicals and hot-melt adhesives, driven by demand from AI data centers and the electric vehicle sector.
What Happened
AI and EV Expansion: Tex Year Chairman Xiao Xiang-zhi announced that the company has successfully entered the AI server and electric vehicle (EV) markets with its specialty chemical products. Revenue from server-related protective coatings and flame-retardant adhesives surged by 119%, while EV-related product revenue reached 164 million TWD.
Core Business Stability: The company's core hot-melt adhesive business continues to grow globally, supported by production facilities in China, India, ASEAN, and Western markets. Tex Year is particularly optimistic about the rapid demand growth in the Indian market and is strengthening its local presence accordingly.
Second Growth Engine: Tex Year is positioning specialty chemicals and high-value applications as its second growth engine. By focusing on technological upgrades and emerging market expansion, the company is successfully diversifying its revenue streams beyond traditional hot-melt adhesives.
Second-Half Outlook: The company remains optimistic about its performance for the second half of the year. With the increasing revenue contribution from high-value applications, Tex Year expects to continue benefiting from robust demand in the AI and new energy sectors.