Mitsui Chemicals Tohcello, Inc. Establishes a New Company in Taiwan

Strengthening Sales of ICROS™Tape in Response to Increasing Demand for
Semiconductor Manufacturing

TOKYO–(BUSINESS WIRE)–Mitsui Chemicals, Inc. (Head Office: Minato-ku, Tokyo; President & CEO:
Tsutomu Tannowa) announced that its wholly owned subsidiary, Mitsui
Chemicals Tohcello, Inc. (Head Office: Chiyoda-ku, Tokyo; President &
CEO: Yoshihisa Fujimaki) has decided to establish a company in Taiwan
that will manufacture and sell the ICROS™Tape, a tape for semiconductor
manufacturing.

The ICROS™Tape is a protective tape used for semiconductor
manufacturing. It holds the world’s largest market share as a protective
tape for the back grinding process of silicon wafer. The semiconductor
market is experiencing growing demand attributable in part to the growth
of mobile terminals. Demand is expected to continue to grow at a rapid
clip due in part to the gathering momentum of growth in demand for
semiconductors for Data Center and IoT-related applications. To respond
to the growing demand, Mitsui Chemicals Tohcello will set up a
manufacturing and sales base in Taiwan, aiming to build a stable supply
system and expand its business domains in addition to increasing its
supply capacity.

Mitsui Chemicals Tohcello will strengthen its manufacturing, sales, and
engineering services to support high-quality products while continuing
to bolster and expand its film and sheet business.

Contacts

Mitsui Chemicals, Inc.
Takashi Kawamoto, +81-3-6253-2100
Corporate
Communications Division
[email protected]