Merck to invest in chemicals for semicon industry

Published: 12-Apr-2003


German chemicals major, Merck, says it intends to grow its global business in ultrapure chemicals for the semiconductor industry both organically and through alliances and partnerships.

To facilitate the strategy, the company has transferred its European activities for this sector to an independent company, Merck Electronic Chemicals Holding, which is wholly-owned by Merck. The German subsidiary of the holding company, Merck Electronic Chemicals GmbH, has already started its operations with around 50 employees. In the course of 2003, Merck says additional local companies will be established in France, Malaysia and Singapore. A total of around 550 employees will work for the company worldwide.

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