BASF Sanfang competes for semiconductor consumables pie

Taiwan’s BASF announced that Taoyuan Guanyin's CMP plant was completed and put into operation. It will integrate existing Longtan plant production capacity to attack the Taiwan market. Fukong Precision, which is the world’s largest PU synthetic skin manufacturer, has successfully invested in Sanfang, and entered the semiconductor polishing pad consumables market.

It is understood that Fukong Precision is currently achieving certification with its downstream customers. It is expected that the number of certified households will grow next year and it will compete for domestic semiconductor consumables market of RMB 20 billion for one year. Semiconductor polishing fluids and polishing pads are semiconductor consumables. Domestic companies include Changxing Chemical. Both Changchun Group and the Changchun Group cut into the semiconductor slurry market.

FuChun Precision Co., Ltd. lost profit in the next year and Sanfang spent 150 million yuan to set up FuChun Precision Materials, and locked the semiconductor polishing pad. FuChun Precision Longtan Factory was completed at the end of the previous year and was officially launched last year. The head of Sanfang pointed out that the downstream customer certification takes a long time, so this year's operating rate is still low, and will wait until the customer one by one certification, will have significant benefits.

At present, the global semiconductor polishing pad market is dominated by Rohm and Haas Electronic Materials, a leading technology company, accounting for almost 80% of the world's CMP polishing pads. Although Taiwan’s semiconductor industry is complete, demand for consumables is high. The pad still depends on imports. FuChun Precision Internal Analysis, if successful in customer certification, will have the opportunity to replace imports to become the world's No. 1, the world's second largest CMP pad suppliers.

Sanfang's net profit after tax for the first half of the year was 325 million yuan, and the net profit per share fell to 1.04 yuan. FuChun Precision is expected to turn profitable as the number of customer certifications increases next year.

Taiwan's BASF completed its CMP plant yesterday, said Wang Jingya, director of the CMP Division of BASF Electronic Materials. The new Guanyin plant will strengthen its competitiveness in advanced materials.