10.02.23
FUJIFILM Corporation announced that it has completed its acquisition of the electronic chemicals business (formally CMC Materials KMG Corporation) of Entegris, Inc. for $700 million.
The organization, which is being renamed FUJIFILM Electronic Materials Process Chemi-cals, is part of Fujifilm’s growth strategy to further position the business as a leader in semiconductor materials manufacturing.
The acquisition adds a comprehensive product lineup in electronic chemicals, 593 talent-ed employees, and 12 additional sites, including seven manufacturing locations across the United States, Europe and Singapore, one of which will be Fujifilm’s first electronic mate-rials manufacturing site in Southeast Asia.
With the addition of these sites, Fujifilm’s electronic materials manufacturing footprint now totals 18 sites, which are strategically located in close proximity to the world’s top semiconductor fab manufacturers, ensuring enhanced supply chain resilience for the in-dustry.
With the addition of FUJIFILM Electronic Materials Process Chemicals, Fujifilm will be able to offer its customers a broader lineup of electronic chemicals, including the legacy com-pany’s line of High Purity Process Chemicals (HPPCs), which are used to etch and clean silicon wafers in the production of semiconductors.
The HPPC product line is a complementary addition to the products Fujifilm currently offers in its formulated products and high purity solvents. In addition, Fujifilm has added the Total Chemical Management business which includes on-site and off-site logistic services provided to customers in Southeast Asia and Europe.
“This acquisition will allow us to further enhance our product and global supply capabili-ties. We will leverage group synergies to create and provide electronic materials that bring value to society and respond swiftly to market demands and customer expectations,” said Teiichi Goto, president and CEO, representative director for FUJIFILM. “Through our inno-vative technology and products we will achieve sustainable business growth and contribute to the creation of a society that enriches people’s lives by improving the performance and value of semiconductors.”
This acquisition will place Fujifilm’s electronic chemicals business for greater growth op-portunities, allowing us to reach a revised sales target of JPY 500 billion by 2030.
The executive leadership team is composed of seasoned leaders from both Fujifilm and the business division to drive a smooth integration and business success:
• Tetsuya Iwasaki is chairman. He also serves as director, corporate vice president, general manager, Electronic Materials Division, FUJIFILM Corporation, and leads the global busi-ness.
• Brian O’Donnelly is CEO. He also serves as president and CEO of FUJIFILM Electronic Ma-terials, U.S.A., Inc., and the global VP of the Electronic Materials Division.
• Ryan Mears, VP and GM. Mears previously served as VP and GM, Electronic Chemicals, Entegris.
“FUJIFILM Electronic Materials Process Chemicals adds immediate value to our global or-ganization. Collectively we look forward to accelerating innovation and fostering the de-velopment and manufacturing of a wide range of electronic chemicals to power next-generation devices," said Iwasaki. “I am confident that this acquisition and the talented employees will build on our legacy of a valued, customer-focused leader in the semiconductor industry.”
The organization, which is being renamed FUJIFILM Electronic Materials Process Chemi-cals, is part of Fujifilm’s growth strategy to further position the business as a leader in semiconductor materials manufacturing.
The acquisition adds a comprehensive product lineup in electronic chemicals, 593 talent-ed employees, and 12 additional sites, including seven manufacturing locations across the United States, Europe and Singapore, one of which will be Fujifilm’s first electronic mate-rials manufacturing site in Southeast Asia.
With the addition of these sites, Fujifilm’s electronic materials manufacturing footprint now totals 18 sites, which are strategically located in close proximity to the world’s top semiconductor fab manufacturers, ensuring enhanced supply chain resilience for the in-dustry.
With the addition of FUJIFILM Electronic Materials Process Chemicals, Fujifilm will be able to offer its customers a broader lineup of electronic chemicals, including the legacy com-pany’s line of High Purity Process Chemicals (HPPCs), which are used to etch and clean silicon wafers in the production of semiconductors.
The HPPC product line is a complementary addition to the products Fujifilm currently offers in its formulated products and high purity solvents. In addition, Fujifilm has added the Total Chemical Management business which includes on-site and off-site logistic services provided to customers in Southeast Asia and Europe.
“This acquisition will allow us to further enhance our product and global supply capabili-ties. We will leverage group synergies to create and provide electronic materials that bring value to society and respond swiftly to market demands and customer expectations,” said Teiichi Goto, president and CEO, representative director for FUJIFILM. “Through our inno-vative technology and products we will achieve sustainable business growth and contribute to the creation of a society that enriches people’s lives by improving the performance and value of semiconductors.”
This acquisition will place Fujifilm’s electronic chemicals business for greater growth op-portunities, allowing us to reach a revised sales target of JPY 500 billion by 2030.
The executive leadership team is composed of seasoned leaders from both Fujifilm and the business division to drive a smooth integration and business success:
• Tetsuya Iwasaki is chairman. He also serves as director, corporate vice president, general manager, Electronic Materials Division, FUJIFILM Corporation, and leads the global busi-ness.
• Brian O’Donnelly is CEO. He also serves as president and CEO of FUJIFILM Electronic Ma-terials, U.S.A., Inc., and the global VP of the Electronic Materials Division.
• Ryan Mears, VP and GM. Mears previously served as VP and GM, Electronic Chemicals, Entegris.
“FUJIFILM Electronic Materials Process Chemicals adds immediate value to our global or-ganization. Collectively we look forward to accelerating innovation and fostering the de-velopment and manufacturing of a wide range of electronic chemicals to power next-generation devices," said Iwasaki. “I am confident that this acquisition and the talented employees will build on our legacy of a valued, customer-focused leader in the semiconductor industry.”