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Air Products (APD) to Acquire Stake in NanoMaterials from DuPont (DD)

March 1, 2012 8:04 AM EST
Air Products (NYSE: APD) has entered into a definitive agreement to acquire all of DuPont's (NYSE: DD) interest in DuPont Air Products NanoMaterials LLC (DA NanoMaterials), the two companies' 50-50 joint venture serving the global semiconductor and wafer polishing industries. Terms of the agreement were not disclosed.

DA NanoMaterials manufactures chemical mechanical planarization (CMP) slurries for the semiconductor and wafer polishing industries. Headquartered in Tempe, Ariz., with regional headquarters in Hsinchu County, Taiwan, the company operates state-of-the-art applications and formulation laboratories in Tempe and Taiwan. DA NanoMaterials has established a portfolio of colloidal silica-based products for copper CMP, tungsten CMP and wafer polishing applications.


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