Versum Materials

Versum Materials, Inc.
Type	Public
Traded as	NYSE: VSM; S&P 400 component;
Industry	Chemicals
Founded	October 3, 2016 in Tempe, Arizona, United States
Headquarters	Tempe, Arizona, U.S.
Area served	Global
Key people	Guillermo Novo, President, CEO & Director
Products	Specialty materials for the semiconductor and display industries
Number of employees	2,200 (2017)
Website	versummaterials.com

On October 3, 2016, Versum Materials was formed as a result of Air Products & Chemicals spinning off its Electronic Materials division.^[1] It manufactures CMP slurries, ultra-thin dielectric and metal film precursors, formulated cleans and etching products, and delivery equipment for the semiconductor industry.

On July 11, 2017, the company announced that it would acquire Dynaloy, LLC from Eastman Chemical Company^[2] for approximately $13 million to expand its Surface Prep and Cleans business.

References

↑ "Products names material technologies spinoff". Lehigh Valley Business. November 5, 2015. Retrieved November 5, 2015.
↑ "Versum Materials to Acquire Dynaloy, a Leading Cleans Solutions Supplier for Semiconductor Advanced Packaging". www.businesswire.com. Retrieved 2017-08-16.

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[1] "Products names material technologies spinoff". Lehigh Valley Business. November 5, 2015. Retrieved November 5, 2015.

[2] "Versum Materials to Acquire Dynaloy, a Leading Cleans Solutions Supplier for Semiconductor Advanced Packaging". www.businesswire.com. Retrieved 2017-08-16.