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| The Economic Roundup is an excerpted translation of the Chinese-language ROC Economic Yearbook published by the Economic Daily News, a sister publication of the Taiwan Economic News. The yearbook is the most comprehensive and authoritative source for understanding the fundamentals of Taiwan's economy, both in the macro and micro aspects. The excerpted translation gives foreign readers a concise view of the island's overall economic picture. It is divided into four parts: general economy, primary industries, secondary industries, and tertiary industries. |
| Secondary Industries > Specialty Chemicals |
| Specialty chemicals are technology-intensive and high value-added chemical products and boast such characteristics as special function, small production volume, and large variety in product items. It is one of the 10 newly emerging industries in Taiwan.
Special chemicals are now widely applied to many industries, including electronics, machinery, biotech, agriculture, foodstuff, and automobile.
In 2005, Taiwan's total production value of specialty chemicals came to NT$149.7 billion, representing a slight growth of 2.0% from 2004. Specialty chemicals for electronics posted the largest annual production growth of 15% as a result of the growing application to liquid crystal display (LCD), followed by a growth of 8% for cosmetics, and a slight increase in plastics additives, among others. |
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