Companies team to locally supply China electronics chemicals
AUECC is moving forward with plans to supply wet process chemicals to the electronics manufacturing industry in China and has formed an equity joint venture with Shanghai Huayi (Group) company. The new venture is called Shanghai Huayi Microelectronic Material.
Through the new UPC Technology-BOC Edwards joint venture, AUECC will use Shanghai as a base to produce, package and distribute a full range of ultra high-purity process chemicals for the semiconductor and flat panel display industries.
A new plant, backed by an initial investment that is expected to exceed RMB170mn ($20mn) is in the final design phase, with production due mid-2005.
"Our customers in China are currently relying on imported high-purity grade process chemicals," comments Neels Kriek, managing director of materials and services for BOC Edwards. "With the completion of this facility, and backed by the experience and reputation of the parent companies, manufacturers can reduce their dependence on imports and rely on local supply."
