Acutaas Chemicals has inaugurated a semiconductor materials manufacturing plant in Gongju, South Korea, marking a major step in the India-based specialty chemicals maker’s push into the high-purity semiconductor materials market.

 

The facility, operated by Indichem Inc., Acutaas’ step-down subsidiary in South Korea, was commissioned just 11 months after its groundbreaking on September 29, 2025. The plant was inaugurated at a ceremony.

 

The venture combines Acutaas’ chemical synthesis capabilities in India with South Korea’s expertise in refining and producing ultra-high-purity materials. Under the model, chemicals will be synthesised in India and subsequently refined, tested and qualified to semiconductor-grade standards in South Korea, putting the operation closer to its customer base.

 

The Gongju site spans 16,513.7 square metres and includes three buildings: a main production block, a combined headquarters, R&D and pilot plant, and a warehouse. Additional land at the site provides room for future expansion.

 

Indichem is owned 75:25 by Acutaas Advance Material Limited (AAML), a wholly owned subsidiary of Acutaas Chemicals, and South Korean company J & Materials Co. Ltd. AAML has invested KRW 30 billion, or approximately Rs 200 crore, in the venture.

 

The company said the facility will focus on niche semiconductor materials requiring purity levels measured in parts per billion, making stringent quality control and specialised technical expertise critical to production.

 

Speaking on the occasion, Naresh Patel, Chairman & Managing Director, Acutaas Chemicals Limited, said: "We are thrilled to inaugurate the Gongju plant just eleven months after breaking ground, reflecting the exceptional discipline brought by both partners. 

 

"By combining India’s core strengths in complex chemical synthesis with Korea’s expertise in ultra-high-purity refining, we have built a synergistic model that neither company could have executed alone. This marks a vital step in scaling our semiconductor materials business into a long-term growth engine for Acutaas.”

 

Jay Han, Chief Executive Officer of Indichem Inc, said the strategy is designed to bring Acutaas’ India-based capabilities directly into the Korean semiconductor ecosystem.

 

“What began as a shared ambition between two companies is now an operational, state-of-the-art facility. Our approach has been the same from day one: we are not asking our customers to come to India — we are bringing India to Korea. I believe this is a starting point of long journey in this partnership of creating one of the leading semiconductor materials company in Republic of Korea.”

 

The Gongju plant gives Acutaas a local manufacturing and technology platform in one of the world’s key semiconductor markets, while allowing the company to leverage its existing chemical synthesis capabilities in India.

 

With production, R&D and expansion infrastructure now in place, the company is positioning the India-Korea partnership as a platform for scaling its semiconductor materials business.