India, Aug. 28 -- Acutaas Chemicals said its step-down subsidiary Indichem Inc. has inaugurated a semiconductor chemicals manufacturing plant at Gongju in Chungcheongnam-do, South Korea.
The state-of-the-art facility was completed within 11 months of the groundbreaking ceremony held on September 29, 2025. Spread across 16,513.7 sq. metres, the site houses a main production block, headquarters with R&D and pilot plant facilities, and a warehouse, with additional land available for future expansion.
Indichem is a strategic venture between Acutaas Advance Material Ltd (AAML), a wholly owned subsidiary of Acutaas Chemicals, and South Korea-based J & Materials Co. Ltd, which hold 75% and 25%, respectively. AAML has invested around KRW 30 billi...