01 February 2011 20:59 [Source: ICIS news]
(adds paragraph 3)
The joint venture will be called DayStar Materials, according to the companies, and will begin supplying product in the 2011 second quarter.
The manufacturing facilities for DayStar will be located in
UP Chemical describes itself as specialists in the research and development, production, refinement and sale of chemical vapour deposition precursors, as well as other thin film deposition materials for the electronic materials market in
Meanwhile, the joint venture would use Chemtura technology related to metal alkyls for polymerisation and specialty applications, along with its backward integration for trimethylaluminum, the companies said.
“The LED market is growing at a staggering rate, and DayStar Materials will be uniquely positioned to meet the high-purity metal organic precursor supply requirements of LED chip manufacturers throughout
Investment figures were not disclosed.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|