Japanese corporation Showa Denko (SDK) and South Korean SK Materials Co., Ltd. (SKM) have joined forces in a monofluoromethane (CH3F) gas joint venture (JV) in a bid to meet the growing demands of the semiconductor industry.
The cooperation will see the two companies produce and sell high-quality CH3F which is used in the semiconductor chip manufacturing process for micromachining nitride film by etching, largely for multi-layer structure of 3D NAND flash.
The parties plan to establish the joint company in February 2017 with construction of the new specialty gas production plant located in Yeongju-si, Republic of Korea, aimed to be completed by August next year.
Once established, SDK will own 49% of the new company, dubbed SK Showa Denko Co., Ltd., whilst SKM will claim the slightly larger share of 51%.
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