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DUPONT AIR PRODUCTS NANOMATERIALS L.L.C.
TO EXPAND ITS GLOBAL ELECTRONICS PORTFOLIO
TEMPE, Ariz., April 27, 2004 -DuPont Air Products
NanoMaterials L.L.C. (DA NanoMaterials), a 50/50 joint venture
of DuPont and Air Products, today announced that it is expanding
its electronic polishing and planarization business. Each
parent company will be adding newly acquired Chemical Mechanical
Planarization (CMP) slurry businesses to the DA NanoMaterials
portfolio. The expansion strengthens the joint venture’s
product portfolio and creates a more substantial presence
in the semiconductor industry.
Air Products will contribute the slurry technologies acquired
during the purchase of the Electronic Chemicals business
of the Ashland Specialty Chemical Company in August 2003,
and DuPont will contribute the slurry technologies of EKC
Technology, a high performance chemical supplier that it
purchased as a part of ChemFirst in 2002 and added to its
Electronic Technologies business unit.
The expansion will add critical mass to the joint venture
while strengthening a growing portfolio of products for
electronic polishing and planarization applications. Floyd
McClung will serve as chief executive officer of the expanded
venture, which now will offer a wider range of abrasives,
extended surfactant chemistries and novel slurry chemistries.
“By offering a more comprehensive product portfolio
along with additional technical capabilities, DA NanoMaterials
is best positioned to serve a growing market,” says
Jerry Ermentrout, vice president and general manager, Electronics
Division, Air Products. “That expanded scope and breadth
of services directly translates into tangible benefits for
our global customers. It’s a move that demonstrates
how we’re committed to providing DA NanoMaterials with
the resources and scalability to move ahead.
“This expansion combines three dynamic groups with
a history of innovation, technical excellence and real potential
to influence how technology starts, with materials designed
to help customers meet today’s business and technical
challenges,” adds David B. Miller, vice president and
general manager for DuPont Electronic Technologies.
DA NanoMaterials (www.nanoslurry.com
) was formed in 2000 to combine the success of DuPont Electronic
Technologies in developing and manufacturing colloidal silica
sols and particles for electronic polishing applications
with Air Product’s infrastructure, new product capabilities
and global supply of electronic gases and chemicals into
the semiconductor manufacturing market. The expanded organization
will be headquartered in Tempe, Arizona, where the venture
will operate a state-of-the-art applications and formulation
laboratory. The expanded joint venture will provide enhanced
global technical support that will include additional tool
platforms and critical metrology. The manufacturing and
supply chains DA NanoMaterials customers have utilized since
2000 will continue, as will access to the extensive analytical
and research capabilities of the parent companies.
About Air Products
Air Products (NYSE:APD) serves customers in technology,
energy, healthcare and industrial markets worldwide with
a unique portfolio of products, services and solutions,
providing atmospheric gases, process and specialty gases,
performance materials and chemical intermediates. Founded
in 1940, Air Products has built leading positions in key
growth markets such as semiconductor materials, refinery
hydrogen, home healthcare services, natural gas liquefaction,
and advanced coatings and adhesives. The company is recognized
for its innovative culture, operational excellence and commitment
to safety and the environment. With annual revenues of $6.3
billion and operations in over 30 countries, the company's
18,500 employees build lasting relationships with their
customers and communities based on understanding, integrity
and passion. For more information, visit www.airproducts.com.
About DuPont
DuPont Electronic Technologies is a leading supplier of
electronic materials, including circuit materials, semiconductor
fabrication materials, integrated circuit packaging and
interconnects, and materials for displays. For further information,
please visit www.dupont.com/et.
DuPont is a science company. Founded in 1802, DuPont puts
science to work by solving problems and creating solutions
that make people's lives better, safer and easier. Operating
in more than 70 countries, the company offers a wide range
of products and services to markets including agriculture,
nutrition, electronics, communications, safety and protection,
home and construction, transportation and apparel.
Media Inquiries:
Air Products: Tom Yencho, tel: +1 (610) 481-1192; e-mail:
contact
DuPont Electronic Technologies: Ellen Pressley, tel: +1
(919) 248-5598; e-mail ellen.g.pressley@usa.dupont.com
Investor Inquiries:
Air Products: Alexander W. Masetti, tel: +1 (610) 481-7461;
e-mail: contact
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