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Songwon and Heraeus sign joint development agreement for specialty chemicals

| By Scott Jenkins

Songwon Industrial Group (Ulsan, South Korea; and Heraeus (Inchon, South Korea; announced today that they have signed a co-operation agreement to jointly develop and market high end specialty chemicals for the electronics industry.

This new co-operation combines Songwon’s strong expertise in R&D and chemical manufacturing with Heraeus’ technical capabilities and high reputation in the electronics chemical industry, thereby broadening both companies’ access to the global electronics market.

Under the agreement, the high end specialty chemicals co-developed for the electronics and semiconductor market will be produced by Songwon and marketed by Heraeus along with its existing portfolio.

Heraeus already offers numerous high end products, such as conductive polymers and printing pastes for printed electronics like touchscreens.