15.05.2013 • News

Chemtura Acquires Full Interest in DayStar Materials

Chemtura Corporation today announced that it has acquired UP Chemical 50% stake in DayStar Materials, a South Korean manufacturer and marketer of high-purity metal organic precursors for the rapidly growing LED market.

Chemtura now owns a 100 % interest in DayStar, which will be a part of Chemtura's Organometallic Specialties (OMS) business. DayStar was formed in 2011 as a joint venture of Chemtura and UP Chem.

Chemtura intends to establish fully integrated manufacturing, quality, service and distribution capabilities in Asia supporting the full, electronic-grade trialkyl product portfolio of trimethylgallium, triethylgallium, trimethylaluminum and trimethylindium.

 

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VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.