Chemical
Tokuyama nod to second high-purity isopropyl alcohol plant as semiconductor demand surges
FTAC was created to manufacture and sell high-purity IPA in Taiwan, targeting fast-growing demand from the electronics sector
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By ICN Bureau | May 28, 2026
Tokuyama Corporation has approved a major capacity expansion, greenlighting construction of a second plant for high-purity isopropyl alcohol used in electronics manufacturing at its joint venture Formosa Tokuyama Advanced Chemicals (FTAC).
The decision was made at a Board of Directors meeting, marking a fresh push to strengthen its position in the advanced chemicals supply chain powering semiconductor production.
Formed in October 2020 by Tokuyama Corporation and Formosa Plastics Corporation, FTAC was created to manufacture and sell high-purity IPA in Taiwan, targeting fast-growing demand from the electronics sector.
That demand is now accelerating. As semiconductor manufacturing becomes increasingly complex, with advanced multilayer processes, customers are expected to place greater emphasis on both quality improvements and stable supply of high-purity IPA.
In response, the expansion is designed to boost production capacity while reinforcing what the company describes as its core competitive edge in the market. As the company notes, it will leverage the three strengths of its high-purity IPA business, namely "proprietary manufacturing processes," "high analysis capabilities," and "strict quality control know-how," to enhance reliability and technical support for customers.
With this second plant, Tokuyama Corporation aims to solidify its role as a key supplier in the global semiconductor materials ecosystem, strengthening both supply stability and its technical service offering.
