Monday, April 11, 2022

Closure of 3M Chip Coolant Plant In Belgium Could Upset Taiwan Semiconductor Sector

Talk about an obscure weakest link.

From The Taipei Times, Apr 6:

The indefinite closure of 3M Co’s semiconductor coolant plant in Belgium could have major effects on the global semiconductor industry, in which Taiwan has a leading role, analysts said on Sunday.

The 3M plant in Zwijndrecht closed on March 8 due to tightened environmental regulations, a report on Friday in BusinessKorea magazine said.

Coolant prices have been rising since early this year due to high demand, and the Zwijndrecht plant reportedly accounted for 80 percent of global semiconductor coolant output, analysts said. 

3M on March 18 sent an official notice to its clients including Samsung Electronics Co, SK Hynix Inc, Intel Corp and Taiwan Semiconductor Manufacturing Co (台積電), the magazine said....

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