Air Products Acquires Dupont’s Stake In Joint Venture
update on 2012-05-12
Pennsylvania, US: Air Products has completed the acquisition of Dupont’s stake in Dupont Air Products Nanomaterials (DA Nanomaterials), a joint venture that was shared equally by both companies.
Serving the global semi-conductor and wafer polishing industries, DA Nanomaterials manufactures Chemical Mechanical Planarisation (CMP) slurries, and has a portfolio of copper CMP, tungsten CMP, Shallow Trench Isolation (STI) CMP and wafer polishing applications. This acquisition expands Air Products’ offerings, and is in sync with the company’s line of post-CMP cleaning solutions, as well as its previous acquisition of Poly-Flow Engineering, a manufacturer of CMP delivery and blending equipment for semiconductor manufacturers.
As Wayne Mitchell, VP and GM of Electronics for Air Products said: “This acquisition helps broaden our strategy of delivering a portfolio of differentiated offerings to our semiconductor customers. We will continue to work with our customers to develop new materials and delivery systems for the semiconductor industry that enable next generation devices such as smart phones and tablets.”