CMC Materials Announces Favorable Conclusion in Patent Dispute with DuPont
16 Febbraio 2022 - 1:00AM
CMC Materials, Inc. (Nasdaq: CCMP) (“CMC”), a leading global
supplier of consumable materials primarily to semiconductor
manufacturers, today announced the conclusion of United States
Presidential review, thereby affirming the Company’s favorable
Final Determination in its International Trade Commission (“ITC”)
case against DuPont de Nemours, Inc. and several DuPont
subsidiaries (collectively, “DuPont”). As announced in
December, the ITC found DuPont is unlawfully importing, selling,
and marketing in the United States certain chemical mechanical
planarization (“CMP”) slurries and components thereof that infringe
a patent owned by CMC that is fundamental to advanced dielectric
CMP slurries.
In that ruling, the ITC issued an exclusion order and cease and
desist orders prohibiting DuPont’s importation, marketing, and sale
of infringing products and components thereof in the United States,
pending a 60-day Presidential review period. Now that the
period has expired, United States Customs and Border Protection
(“CBP”) will stop the importation into the United States of
DuPont’s infringing Optiplane 2300 and Optiplane 2600 dielectric
CMP slurries and components thereof for a period extending to 2035
(the expiration date of CMC’s patent). Under the December Final
Determination, a party expecting to “transition away” from the
infringing products in the short term must submit to CBP a
“documented need” for the products under penalty of criminal
sanction.
ABOUT CMC MATERIALS, INC.
CMC Materials, Inc., headquartered in Aurora, Illinois, is a
leading global supplier of consumable materials primarily to
semiconductor manufacturers. The company’s products play a
critical role in the production of advanced semiconductor devices,
helping to enable the manufacture of smaller, faster and more
complex devices by its customers. CMC Materials, Inc. is also a
leading provider of performance materials to pipeline
operators. The company's mission is to create value by
delivering high-performing and innovative solutions that solve its
customers’ challenges. The company has approximately 2,200
employees globally. For more information about CMC Materials, Inc.,
visit www.cmcmaterials.com, or contact Colleen Mumford, Vice
President, Communications and Marketing, at 630-499-2600.
FORWARD LOOKING STATEMENTS
This press release contains forward-looking statements, which
address a variety of subjects including, for example, the proposed
Entegris Transaction, including expected timing, completion and
effects of the proposed transaction; expected savings from our
Future Forward strategic cost optimization program, future sales
and operating results; growth or contraction, and trends in the
industries and markets in which the company participates such as
the semiconductor, and oil and gas, industries; the acquisition of,
investment in, or collaboration with other entities, and the
expected benefits and synergies of such transactions; divestment or
disposition, or cessation of investment, in certain of the
company’s businesses; new product introductions; development of new
products, technologies and markets; product performance; the
financial conditions of the company's customers; the competitive
landscape that relates to the company’s business; the company's
supply chain; the targeted benefits of company cost reduction or
optimization initiatives; natural disasters; various economic or
political factors and international or national events, including
related to global public health crises such as the Pandemic, and
the enactment of trade sanctions, tariffs, or other similar
matters; the generation, protection and acquisition of intellectual
property, and litigation related to such intellectual property or
third party intellectual property; environmental, health and safety
laws and regulations, and related compliance and costs of
compliance; the operation of facilities by the company; the
company's management; foreign exchange fluctuation; the company's
current or future tax rate, including the effects of changes to tax
laws in the jurisdictions in which the company operates;
cybersecurity threats and vulnerabilities; and, financing
facilities and related debt, pay off or payment of principal and
interest, and compliance with covenants and other terms, uses and
investment of the company's cash balance, including dividends and
share repurchases, which may be suspended, terminated or modified
at any time for any reason by the company, based on a variety of
factors. Statements that are not historical facts, including
statements about CMC Materials’ beliefs, plans and expectations,
are forward-looking statements. Such statements are based on
current expectations of CMC Materials’ management and are subject
to a number of factors and uncertainties, which could cause actual
results to differ materially from those described in the
forward-looking statements. For information about factors that
could cause actual results to differ materially from those
described in the forward-looking statements, please refer to CMC
Materials’ filings with the Securities and Exchange Commission
(“SEC”), including the risk factors contained in CMC Materials’
Annual Report on Form 10-K for the fiscal year ended
September 30, 2021 filed on November 12, 2021 and its
Quarterly Report on Form 10-Q for the quarter ended
December 31, 2021, filed on February 3, 2022. Except as
required by law, CMC Materials undertakes no obligation to update
forward-looking statements made by it to reflect new information,
subsequent events or circumstances.
Colleen Mumford
Vice President, Communications and Marketing
CMC Materials, Inc.
(630) 499-2600
Grafico Azioni CMC Materials (NASDAQ:CCMP)
Storico
Da Apr 2024 a Mag 2024
Grafico Azioni CMC Materials (NASDAQ:CCMP)
Storico
Da Mag 2023 a Mag 2024