Versum Materials Celebrates the Grand Opening of Its Research and Development Facility in Hometown, PA
19 Aprile 2018 - 10:15PM
Business Wire
The state-of-the-art facility will develop organometallic
compounds used in the manufacture of semiconductors.
Versum Materials, Inc. (NYSE: VSM), a leading materials supplier
to the semiconductor industry, announced today the grand opening of
its new research and development (R&D) facility at its
semiconductor materials manufacturing site in Hometown,
Pennsylvania. The ribbon-cutting ceremony took place April 10,
2018. Versum employees, members of the community, local government,
customers and strategic partners attended the event.
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Versum Materials ribbon-cutting ceremony
at the company's new R&D facility in Hometown, PA. (Photo:
Business Wire)
The state-of-the-art R&D laboratory is dedicated to new
materials used in the manufacture of semiconductors. Scientists in
the facility will synthesize and purify new molecules down to parts
per billion impurity levels and below using the latest technologies
available in the industry. The researchers can assess the
applications for these new molecules and scale up the molecules to
larger quantities for customer evaluation. These new organometallic
compounds will be deposited on semiconductor wafers through
cutting-edge technologies to test their performance for
semiconductor applications. Additionally, the facility is capable
of small-volume manufacturing and advanced analytical and quality
assessment.
State Senator Dave Argall commended Versum for being the
region’s third largest employer and for the company’s investments
in the local community. Approximately 30 employees, half of which
hold advanced degrees in chemistry or chemical engineering, are
based in the new facility. The company’s Hometown campus now totals
250 highly-skilled employees.
The latest expansion is part of a $60MM multi-year investment in
the Hometown campus. Last year the company announced it had
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 and Nitrogen
Trifluoride, NF3. WF6 is used as a metallization source for the
formation of tungsten interconnects between multiple layers in
semiconductor devices. It is an important material in the
production of both logic and memory (DRAM and NAND) devices. NF3 is
primarily used for chamber cleaning of chemical vapor deposition
reactors.
Versum’s Senior Vice President of Materials, Ed Shober addressed
the attendees stating, “We enable the largest tech companies around
the world to stretch the boundaries of science and technology,
whether it be supporting computing power, mobility, connectivity,
artificial intelligence, virtual/augmented reality, the Internet of
Things, Big Data and machine learning. Versum Materials is at the
core of enabling all these technologies… Our Versum Materials team
delivers valued products and solutions that bring this cutting-edge
innovation to the market safer, faster, easier and more reliably
than ever before.”
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 US $1.1 billion, 2,200 employees and 12 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
intentions to continue to invest in our U.S. workforce and expand
our capabilities to innovate the semiconductor industry. 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; 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; fluctuation of currency
exchange rates; increased competition; 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, 2017, 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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Versum Materials, Inc.Investor Inquiries:Robyn Williams,
484-275-5907VSMIR@versummaterials.comorMedia
Inquiries:Tiffany Zinn,
480-282-6475Tiffany.Zinn@versummaterials.com
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