Minor metals producer Vital Materials has acquired specialty chemicals company Lanxess' organometallics business, Vital said on Friday February 7.
The plant located in Pyeongtaek, South
Korea, produces high-purity gallium, indium and aluminium-based metalorganic
sources including trimethylgallium, trimethylaluminum, triethylgallium and
trimethylindium.The organometallics are used for the manufacture of LED chips,
photovoltaics and other semiconductor applications.
This acquisition is in line with Vital's
recent trend. It enables Vital to expand its global footprint while
concurrently help to minimize the impact from the ongoing trade war between
China and the United States. With Vital’s fully integrated supply chain, all
the way from gallium - refined from bauxite - to end products, and then
recycling, Vital will be able to provide a closed-loop solution to the customers
as a unique service... [which] will enable Vital to be more competitive in the
market. At the same time, this operation in conjunction with Vital’s Qingyuan
metalorganics operation, aligns Vital’s required capacity in the growing world
of compound semiconductors and photovoltaics applications.