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Showa Denko expands fluorine capacity with acquisition
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Showa Denko K.K. (SDK) is to expand its presence in the growing
fluorine market, specifically in the semiconductor and LCD
manufacturing sectors with the purchase of F2 Chemicals Limited. The
company is based in the UK and is a joint venture between Asahi Glass
and Mitsubishi. Terms of the deal were not disclosed; however, F2
Chemicals had a capitalization value of £11 million pounds sterling and
33 employees.
SDK said that it will also expand its lineup of fluorine compounds to further expand its chemicals business.