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Showa Denko and Air Water Form JV for Specialty Material Gases for Electronics

4:40 AM MST | November 25, 2010 | Deepti Ramesh

Showa Denko and Air Water (Osaka, Japan) say they have agreed to establish a joint venture for the production of specialty material gases for the electronics industry. The new company dubbed Showa Denko Air Water will be established next month in Tokyo, and Showa Denko will have 51% stake in the jv and Air Water will have the remaining 49%. Demand for specialty material gases has steadily been growing, centering on Asian markets, for use in the production of solar cells, semiconductors, LCD panels, and LEDs, the companies say. Showa Denko and Air Water will...

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