Dow Corning and Air Products Enter Long-Term Silane Supply Agreement
Dow Corning (NYSE: GLW) and Air Products (NYSE: APD) entered into a long-term supply agreement for electronic-grade silane, a material used for manufacturing of flat panel displays, semiconductors and photovoltaic cells.
This provides Air Products access to significant silane volume to meet the present and future needs of its global customers as well as the future growth of the electronics and solar industry.
“Dow Corning and Air Products combine the strength of a silicon manufacturing leader with the expertise and infrastructure capabilities of a global gas distributor to the electronics industry,” according to Jim Helwick, vice president, Dow Corning Electronics Solutions. “Air Products, with its commitment to the long term supply of ultra-high purity silane, is a great channel partner for Dow Corning,” Jim added.
“This agreement further demonstrates Air Products commitment to our silane customers around the world as well as the global electronics industry,” said Wayne Mitchell, vice president of Electronics, Air Products. “With over 20 years of experience supplying silane around the world, Air Products is an industry safety leader, providing extensive training to customers in the handling and storage of silane. We believe that Air Products will provide the electronic markets with a high quality, reliable and safe solution for their long-term silane requirements.”
“With our silane capacity fully dedicated to the merchant market under a global distributor channel-to-market business model, Dow Corning is offering a cost competitive and reliable first or second source of silane,” said Eric Peeters, vice president, Dow Corning Solar Solutions. “The plant's consistent purity and our track record of quality in silicon-based products make silane from Dow Corning a switch customers can make with confidence.”
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