Electronic chemical suppliers expand capacity

"Traditional consumer electronics such as PCs and mobile phones," Bertrand Loy, president and CEO of Entegris, a leader in specialty chemicals and advanced materials solutions for the microelectronics industry, said at Bernstein's 38th Annual Strategic Decisions Conference.

While demand fundamentals remain strong, S&P Global forecasts that semiconductor demand will grow 8.

At present, the semiconductor industry is still strengthening investment, which also provides a positive outlook for the semiconductor industry

The increased complexity of handling advanced nodes is also a positive driver for the chemical industry, meaning more materials are required per chip

Current capacity and innovation announcements show that the relevant suppliers are actively preparing to expand investment to meet the challenges

Germany's Merck & Co.

Air Products recently said it would invest $900 million in a new plant in Kaohsiung, China

After winning long-term supply contracts from two major semiconductor manufacturers, Air Liquide also plans to invest more than 300 million euros to build four factories to supply ultra-high-purity industrial gases to semiconductor manufacturers in Japan