Pall Corporation (
launched a new purifier called Gaskleen. Along with high
performance, Gaskleen will be useful for cost control and
deriving benefits from economies of large scale production of
light emitting diodes (LED). The product is primarily targeted
toward high brightness light emitting diodes (HB-LEDs).
This new purifier will deliver pure ammonia required to
increase the luminosity of LEDs, which in turn will double the
service life of such purifiers compared with the other
commercially available technologies. With this new product, Pall
will be able to meet the rising industry demand for LED lamps as
replacements for incandescent and CFL bulbs.
Royal Phillips Electronics (
is one of the leading companies that manufactures and markets LED
based lighting and automotive lamps and accessories.
The Gaskleen High-Bright purifiers will be included under
Pall's Microelectronics segment, which is mainly engaged in
Chemical Mechanical Polishing (CMP) products for Semiconductor
Manufacturing. The addition of Gaskleen High-Bright purifiers
will enhance Pall's product portfolio at a minimum additional
operating cost. This is because Gaskleen is a combined assembly
of Pall's proprietary purification materials and Ultramet-L
stainless steel filter media.
In the last quarter (second quarter 2013), Pall's
Microelectronics segment sales declined 7.6% year over year,
primarily affected by the weak demand in global end markets for
semiconductors and data storage products. Therefore, this new
product with a high emerging market demand is expected to drive
the segment's sales going forward. In the last six months Pall's
Research and Development expenses went up by 16% year over year.
The increase in expenses is reflected in the introduction of this
Pall currently has a Zacks Rank #3 (Hold) compared with
companies such as
Calgon Carbon Corporation (
CECO Environmental Corp. (
having a Zacks Rank #2 (Buy) and operating in the same
CALGON CARBON (CCC): Free Stock Analysis
CECO ENVIRNMNTL (CECE): Free Stock Analysis
KONINKLIJKE PHL (PHG): Free Stock Analysis
PALL CORP (PLL): Free Stock Analysis Report
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