Entegris Acquires MPD Chemicals

BILLERICA, Mass. Entegris, Inc. (NASDAQ: ENTG), a leader in specialty chemicals and advanced materials solutions for the microelectronics industry, today announced it acquired MPD Chemicals, a provider of advanced materials to the specialty chemical, technology, and life sciences industries. This acquisition will continue to grow and diversify Entegris’ engineered materials portfolio, which was recently expanded with the acquisition of Digital Specialty Chemicals (DSC).

Digital transformation is driving the development and technical capability requirements of modern technologies like artificial intelligence, virtual reality, and autonomous vehicles. To achieve the performance for these technologies, manufacturers have adopted new, more complex chip designs. These changes have increased the demands on the materials used in all steps of semiconductor processing. Along with the recent acquisition of DSC, the acquisition of MPD Chemicals will expand Entegris’ capabilities in the development and production of new organosilane, and organometallic materials. These materials are critical to innovation in the specialty chemical and semiconductor industries.

“Acquiring MPD Chemicals demonstrates our commitment to enabling the semiconductor technology roadmap through investments in purification, delivery, and advanced materials,” said Bertrand Loy, president and CEO of Entegris. “The deposition material market is one of the fastest growing market segments in semiconductor applications, driven by the adoption of new materials and more complex, chip architectures. Our recent investments in this space expands our ability to provide our customers the manufacturing scale and capabilities to enable their most demanding applications.”

Entegris acquired MPD Chemicals for approximately $165 million in cash, subject to customary purchase price adjustments. Entegris funded the acquisition from its available cash. MPD Chemicals will be a part of the Specialty Chemicals and Engineered Materials (SCEM) segment.

Merck KGaA Upgrades the Ante on Versum With Letter to Shareholders

Merck KGaA on Tuesday said it remained committed to pursuing its acquisition of Versum Materials after receiving a formal rejection from Versum's board of directors last week, about a month after Entegris announced a planned merger with the company.

In an open letter to Versum shareholders, Merck said its offer of $48 a share for Versum--which would value the deal at more than $5.2 billion--was "unquestionably superior," and that the market had already expressed preference for it. 

Source: 4-traders LINK

 

UPDATE -Versum Materials rejects Merck KGaA's unsolicited offer

Electronic materials maker Versum Materials Inc on Friday formally rejected a $5.9 billion unsolicited cash offer from Merck KGaA, saying it was committed to the agreed merger with U.S. rival Entegris.# 

 

 

 

Source: Reuters LINK

Germany's Merck makes $5.9 billion counterbid for Versum Materials

FRANKFURT (Reuters) - German drugs and lab supplies maker Merck KGaA offered $5.9 billion, including debt, for Versum Materials, in a cash deal that tops an offer from U.S. rival Entegris, as both seek to boost their electrochemicals operations.

Source: Reuters (LINK) 

 

 

Entegris announces agreement to acquire SAES Pure Gas business

Entegris, Inc. (NASDAQ: ENTG), a distributor of specialty chemicals and advanced materials solutions, announced today it has entered into a definitive agreement to acquire the SAES Pure Gas business, from SAES Getters S.p.A. (“SAES Group”), an advanced functional materials company headquartered in Milan, Italy. The SAES Pure Gas business, a provider of high-capacity gas purification systems used in semiconductor manufacturing and adjacent markets is based in San Luis Obispo, California and will report into the Microcontamination Control division of Entegris. Under the agreement, Entegris will purchase the shares and assets which comprise the SAES Pure Gas business for approximately $355 million, subject to customary purchase price adjustments.

 

Source: LINK

Entegris Expands Its Taiwan Technology Center To Add New Microcontamination Analysis And Technology Development Capacity

BILLERICA, Mass., Sept. 12, 2017 /PRNewswire/ -- Entegris Inc. (NASDAQ: ENTG), a leading specialty materials provider, today announced the expansion of its Taiwan Technology Center for Research and Development (TTC) in Hsinchu, Taiwan. The expansion adds a new Microcontamination Control Lab (MCL) that focuses on filtration media development and is home to the company's relocated Asia Applications and Development Labs (AADL) for trace metal, organic contaminant, and nanoparticle analysis. This addition to the Center's existing R&D, formulation scale-up, and pilot production capabilities also creates a single, off-site collaboration location for our customers' specialty chemical, CMP and liquid filtration needs.

 

 

Key facts for the $8.5 million USD investment:

• Class 1000 cleanroom
• 5x increase in lab space
• Facility renovations and equipment upgrades

"Interactions and dependencies between process materials and equipment are at a critical evolution point as device scaling continues to be a leading driver for efficient construction of today's devices. Bringing the industry's brightest minds together in a state-of-the-art facility enhances Entegris' unique ability to meet these needs," offered Entegris Chief Operations Officer, Todd Edlund. "By expanding the MCL facility, we bring together core-competencies in liquid filtration, specialty chemicals, and CMP to create more holistic analytical services and technology development solutions designed to meet our customer's Logic, DRAM, and 3D NAND device manufacturing challenges."

Entegris & Hubei Jingxing Sign Manufacturing Agreement For TEOS Supply In China

Entegris recently announced that it has signed an agreement with Hubei Jingxing Science & Technology, Incorporated, Co., Ltd. (Hubei Jingxing), a specialty chemical manufacturer in Suizhou (Hubei Province), China to manufacture Entegris high-purity deposition products. These high-purity deposition products include TEOS (tetraethyl orthosilicate), a material particularly critical to enabling 3D NAND technology which is used in semiconductor manufacturing to produce leading-edge, faster storage, and memory.

"Our partnership with Hubei Jingxing enables us to expand capability for Entegris in China and shorten the deposition materials supply chain for Chinese customers," stated Entegris Senior Vice President and General Manager of Specialty Chemicals and Engineered Materials, Stuart Tison. "We are proud to become the first international company to establish high-volume TEOS manufacturing capacity in China, Entegris UltraPur™ TEOS , which is critical for the manufacture of 3D NAND and supports the overall growth of the semiconductor industry in the country."

"Our partnership with Entegris allows us to further expand our competencies in high-purity materials manufacturing," said Hubei Jinxing General Manager, Ye Gang. "Additionally, we will adopt manufacturing processes to match existing Entegris processes, as well as employ their quality control system to produce the most consistent results."

Full press release: investor.entegris.com/releasedetail.cfm?releaseid=103925

TECHCET ANALYSIS: China continues to invest to support the 2D-NAND to 3D-NAND transition tracked by TECHCET in terms of wafer starts and materials, equipment and delivery equipment. According to TECHCET's Critical Materials Report on advanced dielectric precursors, the materials market (ALD, CVD and SOD) was roughly US$365M in 2016, should break $400M in 2017, and is estimated to reach $560M for 2021 by a forecasted CAGR of 11% over the period as a whole. TEOS is a versatile CVD precursor in semiconductor manufacturing, is used across all nodes for STI and gap-fill with demand estimated at almost $30M, and should out-grow wafer starts due to new applications on the horizon. Growth is clearly driven by dielectric Plasma ALD deposition in multiple patterning, and by dielectric CVD in the 3D-NAND dielectric layer stack (48-72 layers today). 

More information on Dielectric Precursors : LINK

Entegris Increases Manufacturing Capacity For High-Performance Materials

BILLERICA, Mass., June 28, 2017 /PRNewswire/ -- Entegris, Inc. (NASDAQ: ENTG), a leader in specialty chemicals and advanced materials solutions for the microelectronics and other industries, announced today that Poco Graphite, a wholly-owned subsidiary of Entegris, Inc., is expanding its capacity to produce graphite material and specialty coatings for semiconductor and high-performance industrial applications by securing the use of the former small diameter graphite electrode factory of Superior Graphite Co. in Russellville, Arkansas. As part of the agreement, Poco Graphite will have access to the assets of the facility, as well as the current workforce.
 

Entegris Partners with Spectrum Materials to Manufacture Specialty Chemicals in China

BILLERICA, Mass. – March 13, 2017 – Entegris Inc. (NASDAQ: ENTG), a leader in specialty chemicals and advanced materials handling solutions for the microelectronics industry, today announced it has signed an agreement with Spectrum Materials (Fujian) Co., Ltd. to expand its presence in China. According to the agreement, Spectrum Materials, a manufacturer and distributor of specialty chemicals, will manufacture Entegris specialty chemicals products at Spectrum Materials’ Quanzhou facility.
 

“We are excited about this partnership, as it will significantly improve our capabilities to meet growing demands for specialty chemicals in the industries we serve,” stated Entegris Senior Vice President of Specialty Chemicals and Engineered Materials, Stuart Tison. “Spectrum Materials is a well-established company in China that has experience supplying related high-purity chemicals and shares our expectations for quality and manufacturing standards. As we have done in other global regions, we continue to look for ways to better serve our customers and to add value with local collaboration, business processes and resources.”