Versum Materials Breaks Ground on a Multimillion-Dollar Research and Development Facility in Hometown, PA
09 Maggio 2017 - 12:30PM
Business Wire
State-of-the-art facility will develop organometallic compounds
used in the semiconductor industry.
Versum Materials, Inc. (NYSE: VSM), a leading materials supplier
to the semiconductor industry, announced today that it has broken
ground on a multimillion-dollar project at its chemical
manufacturing site in Hometown, Pennsylvania. The groundbreaking
ceremony took place April 20, 2017, and was attended by members of
the community and local government.
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Versum Materials employees and honored
guests.at its Hometown, PA groundbreaking ceremony. (Photo:
Business Wire)
The new facility will house a state-of-the-art research and
development laboratory for new materials used in the manufacture of
semiconductors. Scientists in the facility expect to synthesize and
purify new molecules up to parts per trillion impurity levels using
the latest technologies available in the industry. The researchers
will be able to assess the applications for these new molecules and
scale up the molecules to kilogram quantities for customer
evaluation. These new organometallic compounds will be deposited on
semiconductor wafers through various cutting edge technologies for
semiconductor applications. Additionally, the new facility will
have capabilities for small volume manufacturing and advanced
analytical and quality assessment.
Approximately 30 employees, half of which hold advanced degrees
in chemistry or chemical engineering, will be based in the new
facility. The company expects construction to be completed by the
end of the year.
This latest expansion is part of a $20 million investment that
Versum has made over the past year at its Hometown campus. It
recently increased production capacity and modified equipment
configuration to reduce manufacturing bottlenecking. Versum’s
Hometown manufacturing facility produces a variety of high purity
specialty gases and chemicals for semiconductor manufacturers
around the world, including Tungsten Hexafluoride, WF6. WF6 is used
as a metallization source for the formation of tungsten plug
interconnects between multiple layers in semiconductor devices. It
is an important material in the production of both logic and memory
(DRAM and NAND) devices.
“Our Hometown facility continues to play an important role in
our company’s success. This investment will facilitate significant
advancements in the semiconductor industry, which is something the
local community can take pride in,” stated Jim Hart, a senior
leader in Versum’s Global Technology team.
About Versum Materials
Versum Materials, Inc. (NYSE: VSM) is a leading electronic
materials company providing high-purity chemicals and gases,
delivery systems, services and materials expertise to meet the
evolving needs of the global semiconductor and display industries.
Derived from the Latin word for “toward,” the name “Versum”
communicates the company’s deep commitment to helping customers
move toward the future by collaborating, innovating and creating
cutting-edge solutions.
A global leader in technology, quality, safety and
reliability, Versum Materials is one of the world’s
leading suppliers of next generation CMP slurries, ultra-thin
dielectric and metal film precursors, formulated cleans and etching
products, and delivery equipment that has revolutionized the
semiconductor industry. Versum Materials has annual sales of
approximately $1 billion, 1,900 employees and 10 major
facilities in Asia and North America. It is
headquartered in Tempe, Arizona. Prior to its separation
on Oct. 1, 2016, Versum Materials had operated for
more than three decades as a division of Air Products and
Chemicals, Inc. (NYSE: APD).
For additional information, please visit
http://www.versummaterials.com.
This press release contains “forward-looking statements” within
the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. These forward-looking statements may be identified by
references to future periods, and include statements about our
ability to facilitate significant advancements in the semiconductor
industry, the expected construction completion date, and our hiring
plans. These forward-looking statements are based on management’s
reasonable expectations and assumptions as of the date the
statements were made. Actual results and the outcomes of future
events may differ materially from those expressed or implied in the
forward-looking statements because of a number of risks and
uncertainties, including, without limitation, weakening of global
or regional general economic conditions and product supply versus
demand imbalances in the semiconductor industry could decrease the
demand for our products and services; our concentrated customer
base; our ability to continue technological innovation to meet the
evolving needs of our customers; our inability to protect and
enforce intellectual property rights; operational, political and
legal risks of our international operations; hazards associated
with specialty chemical manufacturing could disrupt our operations
or the operations of our suppliers or customers; changes in
government regulations in the U.S. and in other countries where we
operate; raw material shortages and price increases; sole source
and limited source suppliers; fluctuation of currency exchange
rates; increased competition; our ability to successfully complete
the transition to an independent public company; increased costs as
a separate public company; and other risk factors described in our
filings with the Securities and Exchange Commission, including in
our Annual Report on Form 10-K for the fiscal year ended Sept. 30,
2016, and in our periodic filings. Versum Materials assumes no
obligation to update any forward-looking statements or information
in this press release.
The Versum Materials logo and Versum are trademarks of Versum
Materials, Inc. or its affiliates.
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version on businesswire.com: http://www.businesswire.com/news/home/20170509005503/en/
Versum Materials, Inc.Investor Inquiries:Nahla A. Azmy,
610-481-7499Nahla.Azmy@versummaterials.comorMedia
Inquiries:Tiffany Zinn,
480-282-6475Tiffany.Zinn@versummaterials.com
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