DANBURY, Conn. and TOKYO, Dec. 3 /PRNewswire/ -- ATMI Japan K. K., a wholly-owned subsidiary of ATMI, Inc. (Nasdaq: ATMI) and Nissan Chemical Industries, Ltd. today announced the signing of an agreement granting Nissan Chemical an exclusive right to manufacture, distribute, and sell certain of ATMI's wafer cleaning chemicals in Japan. ATMI provides specialty materials and services to the worldwide semiconductor industry. Nissan Chemical specializes in chemical manufacture and has developed a strong market presence in electronic materials in Japan and Asia. ATMI and Nissan Chemical have cooperated for three years to introduce ATMI photolithography residue remover and wafer cleaning chemicals to Japanese semiconductor and micro-electromechanical systems (MEMS) device manufacturers. Japan-based manufacturing is an important element of ATMI Japan's strategy to serve the domestic customer. Qualification of the first phase of Nissan Chemical's manufacturing plant in Toyama is complete; the plant is expected to be fully operational in September 2002. ATMI has developed numerous proprietary cleaning chemical solutions in response to customer requirements. The formulations are optimized for advanced designs and for use with emerging copper and low-k-based semiconductor technologies. Several major semiconductor manufacturers in Asia and Japan have selected ATMI's unique cleaning chemistries for copper and low-k commercial production. The semiconductor manufacturing process modifies wafers by stacking multiple chemical layers by numerous processes, which include thin film chemical or physical vapor deposition, ion implantation, and photolithography. Producing a completed semiconductor "chip" on a wafer may take more than 400 discrete process steps. The wafers need to be carefully cleaned with specialty cleaning materials that selectively remove only unwanted materials prior to starting each new step. Underlying circuits must be left untouched when cleaning and removing extraneous particles and residues. Nissan Chemical offers a wide range of unique products and materials through a combination of traditional chemical synthesis and cutting-edge technology. Outside of a strong presence in the LSI (large scale integration) market with unique antireflective coatings and in the LCD market with unique orientation layer materials, Nissan Chemical has a renowned presence in agrochemicals, pharmaceuticals, and a variety of specialty chemicals. Nissan Chemical has created added value to their target markets through intensive research and development efforts. ATMI provides specialty materials and services to the worldwide semiconductor industry. Located in Tokyo, ATMI Japan promotes ATMI products and services in cooperation with its partners and provides selected ATMI products and services to the semiconductor manufacturers. Nippon Sanso and ATMI are partnered to provide safer and more productive process gas delivery systems; Nissan Chemical and ATMI are partnered to provide liquid solutions used in cleaning semiconductor wafers; Sanyo Chemical and ATMI are partnered to provide chemical mechanical polishing (CMP) slurries. Statements contained herein that relate to ATMI's future performance, including, without limitation, statements with respect to ATMI's anticipated results of operations or level of business for 2001 or any other future period, are forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on current expectations only and are subject to certain risks, uncertainties, and assumptions, including, but not limited to: changes in semiconductor industry growth or ATMI's markets; competition, problems, or delays developing and commercializing new products; problems or delays in integrating acquired operations and businesses into ATMI; problems or delays associated with any restructuring activity; and other factors discussed in ATMI's filings with the Securities and Exchange Commission. Such risks and uncertainties could cause actual results to differ from those projected. ATMI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X35183329 SOURCE ATMI, Inc. /CONTACT: In the United States - Dean Hamilton of ATMI, +1-203-207-9349 - Direct, or +1-203-794-1100, ext. 4202, or firstname.lastname@example.org; or in Japan - ATMI Japan KK, +03-5765-6323, or email@example.com / /Web site: http://www.atmi.com / (ATMI) CO: ATMI, Inc. ST: Connecticut, Japan IN: CHM ARO SU: CON
ATMI Japan and Nissan Chemical Announce Manufacturing Agreement
Press spacebar to pause and continue. Press esc to stop.