Chang Chun Group boosts global strategy with expanded dry film photoresist and specialty materials capacity

Chemical company Chang Chun Group is bolstering its global presence by significantly expanding production capacity for dry film photoresist and specialty materials. The company announced its strategic move during a recent investor conference, highlighting stable sales across its synthetic resin, specialty materials, and dry film photoresist divisions.

Chang Chun reported a robust first half of the year, with revenue reaching NT$22.169 billion, an increase of 8.32% compared to the previous year. Net profit surged by 81.60% to NT$1.275 billion, resulting in an earnings per share of NT$1.09.

The company, a major global producer of dry film photoresist and photocuring resins, is gaining attention for its role in the semiconductor packaging supply chain, particularly for CoWoS advanced packaging. Chang Chun plans to leverage its subsidiaries in the United States, Malaysia, and India to deepen customer relationships and enhance local technical support and delivery times. The company is also accelerating its focus on new applications for UV photocuring technology in sectors like ICT, new energy, and electric vehicles.

Expansion efforts include a second phase investment of NT$445 million to increase capacity at its Lujhu plant for specialty materials. Additionally, Chang Chun will establish a joint venture with Hubei Yihua Group in China, investing RMB 119 million (approximately NT$566 million) for a 70% stake to integrate upstream raw material supply. In Thailand, the company is investing THB 644 million (approximately NT$640 million) to expand its slitting plant capacity, strengthening its localized production and supply chain for dry film photoresist in ASEAN.