LEHIGH VALLEY, Pa.,
Aug. 15, 2016 /PRNewswire/ -- After
more than 30 years of supplying advanced materials and delivery
systems to the global semiconductor and electronics industry, the
Electronic Materials business of Air Products is expected to soon
be fully operating as Versum.
With the spin-off of the business from Air Products planned for
October 2016, Versum will publicly
introduce its new identity and capabilities at SEMICON Taiwan,
September 7-9, 2016. Versum
will showcase, in Booth #138 - 4th Floor, the innovative products
and services that make the company one of the industry's largest
and most respected suppliers.
Derived from the Latin word for "toward," the name "Versum"
(pronounced ver-SOOM) communicates the company's deep commitment to
helping customers continuously move toward the future by enabling
innovation and creating cutting-edge solutions.
"Given Versum's focus on the semiconductor market as well as our
significant presence in Asia,
SEMICON Taiwan presents an ideal opportunity to introduce ourselves
as a new standalone company and communicate how we will build upon
the market leadership we've established over many decades," said
Guillermo Novo, who will be CEO of
Versum Materials, Inc. after the spin-off.
"As Versum, we will be more committed than ever to collaborating
with our customers to make the future possible for them and their
consumers worldwide. We will structure our entire business around
meeting the evolving needs of the semiconductor, display and LED
markets now and for years to come."
At the SEMICON Taiwan show, Versum will be promoting its next
generation CMP slurries, ultra-thin dielectric and metal film
precursors, formulated cleans and etching products, and delivery
equipment which continue to revolutionize the semiconductor
industry. Information on the products and services displayed at the
show will soon be available at
www.airproducts.com/semicon.
Versum technical representatives will be available throughout
the show to answer questions and provide insight on next-generation
materials and equipment that can provide its customers more
precision and peace of mind. Additionally, a number of Versum
leadership team members will be available for media interviews,
including:
- Ed Shober, Vice President and
General Manager, Advanced Materials, on the strategic direction of
Versum Materials and the company's plans for growth in the
semiconductor market;
- Al Chuang, Director of Sales,
Advanced Materials, Asia, on
Versum's presence in Taiwan;
- Laura Matz, Global Business
Director, Planarization Materials, on Versum's CMP offerings;
- Jim Minicucci, Vice President
and General Manager, Asia-Pacific,
Process Materials, on Versum's etching platform;
- Rick Chen, Global Business
Director, Surface Preparation and Cleans, on surface prep and
cleans;
- Suresh Rajaraman, Global
Business Director, Advanced Deposition Materials, on advancements
and trends in advanced deposition; and
- Gene Karwacki, Global Strategic
Marketing Director, on introducing the Versum brand to the
marketplace.
In addition, Bob Ridgeway, group
leader for PECVD and FCVD Applications, will deliver a presentation
at the IC Forum on September 9,
3:10 p.m., in Room 401 of Hall 1
entitled, "Development of a Porous low-k Precursor to Provide
Enhanced Mechanical Properties without Sacrificing Carbon
Content."
About Air Products
Air Products (NYSE: APD) is a world-leading Industrial Gases
company celebrating 75 years of operation. The company's core
Industrial Gases business provides atmospheric and process gases
and related equipment to manufacturing markets, including refining
and petrochemical, metals, electronics, and food and beverage. Air
Products is also the world's leading supplier of liquefied natural
gas process technology and equipment. The company's Materials
Technologies business serves the semiconductor, polyurethanes,
cleaning and coatings, and adhesives industries.
The company had fiscal 2015 sales of $9.9
billion and has a current market capitalization of more than
$30 billion. Approximately 19,000
employees in 50 countries strive to make Air Products the world's
safest and best performing Industrial Gases company, providing
sustainable offerings and excellent service to all customers. For
more information, visit www.airproducts.com.
NOTE: This news release contains "forward-looking statements"
within the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 including statements about the
Company's plans for completion of the spin-off, the expected
benefits of the spin-off, the tax free nature of the spin-off, the
prospects for the independent companies following the spin-off and
the timing of the transaction. These forward-looking statements are
based on management's reasonable expectations and assumptions as of
the date of this release. Actual results may differ materially from
the expectations expressed in the forward-looking statements
because of many factors not anticipated by management, including,
without limitation, our ability to obtain regulatory approvals, Air
Products' decision not to consummate the spin-off due to market,
economic or other events; our ability to fully realize the
anticipated benefits of the spin-off; negative effects of the
announcement or the consummation of the proposed spin-off on the
market price of the company's common stock; significant transaction
costs and or unknown liabilities; general economic and business
conditions that affect the companies in connection with the
proposed spin-off; changes in capital market conditions; future
opportunities that the Company's board may determine present
greater potential to increase shareholder value, the ability of our
companies to operate independently following the spin-off; and
other risk factors described in the Company's Form 10-K for its
fiscal year ended September 30, 2015.
The Company disclaims any obligation or undertaking to disseminate
any updates or revisions to any forward-looking statements
contained in this document to reflect any change in assumptions,
beliefs or expectations or any change in events, conditions, or
circumstances upon which any such forward-looking statements are
based.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/versum-materials-to-debut-at-semicon-taiwan-will-showcase-leading-materials-and-delivery-systems-for-semiconductor-manufacturing-300313525.html
SOURCE Air Products