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Air Products Joins SEMATECH's FEP Program - Analyst Blog

By: Zacks.com
Posted: 7/10/2013 10:00:00 AM
Referenced Stocks: APD;CYT;FEP;OLN;PPG

Industrial gas giant Air Products & Chemicals Inc. ( APD ) has collaborated with SEMATECH and joined the latter's Front End Processes (FEP) program to assess advanced materials and technologies for the development of sub-10 nm node III-V devices. These devices are used in the semiconductor industry. The program will take place at SUNY's College of Nanoscale Science and Engineering (CNSE).

III-V devices offer considerable power and performance benefits including higher mobility, and enhanced drive current and supply voltage scaling. To keep pace with the International Technology Roadmap for Semiconductors (ITRS) continued scaling will need to utilize new materials and chemistries.

Air Products will be working with SEMATECH's engineers. By leveraging SEMATECH's capabilities, Air Products can accelerate new advanced product development to enable better understanding of the underlying principles that are responsible for the deposition of III-V structures. This team will guide the development of new chemical products, designed to cater to the various needs for the next generation semiconductor devices and electronic materials.

The purpose behind the FEP program is to provide innovative leading-edge materials, processes, structural modules and electrical and physical characterization methods to support the continued scaling of logic and memory applications.

SEMATECH, named after Semiconductor Manufacturing Technology, is a non-profit international consortium of leading semiconductor device, equipment, and materials manufacturers that performs strategic research and development for manufacturing.

For over 70 years, Air Products has provided atmospheric, process and specialty gases, performance materials, equipment, and technology to its customers. The company's products have enabled customers to become more productive, energy efficient and sustainable by supplying innovative solutions to the energy, environment and emerging markets.

Air Products, which currently retains a Zacks Rank #3 (Hold), is set to announce its third-quarter fiscal 2013 results before the market opens on Jul 23.

Other companies in the chemical industry having favorable Zacks Rank are Cytec Industries Inc. ( CYT ), PPG Industries Inc. ( PPG ) and Olin Corp. ( OLN ). All of them hold a Zacks Rank #2 (Buy).



AIR PRODS & CHE (APD): Free Stock Analysis Report

CYTEC INDS INC (CYT): Free Stock Analysis Report

OLIN CORP (OLN): Free Stock Analysis Report

PPG INDS INC (PPG): Free Stock Analysis Report

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