Nippon Sanso Corp. and Taiyo Toyo Sanso Co. said Tuesday they will launch a 50-50 venture to produce specialty gases and semiconductor-related equipment in April.
To be capitalized at 200 billion yen, Japan Fine Products will produce specialty gases, such as those used to make semiconductors, and equipment to purify gases or process waste gases, the two industrial gas makers said.
Nippon Sanso and Taiyo Toyo Sanso said they will market products made by the new company.