FUJIFILM Corporation has completed its acquisition of the electronic chemicals business of Entegris, Inc. for US$700 million. The organization, which is being re-named FUJIFILM Electronic Materials Process Chemicals, is part of its growth strategy to further position the business as a leader in semiconductor materials manufacturing.

Specifically, the acquisition adds a comprehensive product lineup in electronic chemicals and 593 talented employees. Moreover, it brings with it 12 additional sites, including seven manufacturing locations across the United States, Europe and Singapore. One of them will be Fujifilm’s first electronic materials manufacturing site in Southeast Asia. With the addition of these sites, Fujifilm’s electronic materials manufacturing footprint now totals 18 sites. These are strategically located in close proximity to top semiconductor fab manufacturers. Thus, it ensures enhanced supply chain resilience for the industry.

With the addition of FUJIFILM Electronic Materials Process Chemicals, Fujifilm will be able to offer its customers a broader lineup of electronic chemicals. These include the legacy company’s line of High Purity Process Chemicals (HPPCs). Specifically, HPPCs 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 capabilities. 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 Goto. “Through our innovative technology and products, we will achieve sustainable business growth. Also, we will contribute to the creation of a society that enriches people’s lives by improving the performance and value of semiconductors.”

Additionally, this acquisition will place Fujifilm’s electronic chemicals business for greater growth opportunities. Accordingly, it allowed the company to revise its sales target to 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 sits as chairman. He also serves as director, corporate vice president, general manager of Electronic Materials Division at FUJIFILM Corporation, and leads the global business. Meanwhile, Brian O’Donnelly is chief executive officer. He also serves as president and CEO of FUJIFILM Electronic Materials, U.S.A., Inc., and the Global VP of the Electronic Materials Division. Lastly, Ryan Mears, serves as vice president and general manager. Mears previously served as vice president and general manager for Electronic Chemicals at Entegris.

“FUJIFILM Electronic Materials Process Chemicals adds immediate value to our global organization. Collectively, we look forward to accelerating innovation and fostering the development 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.”