What SACHEM assets are parts of the JV?
Part of our Higashi-Osaka site will be portioned to the JV. The JV will license the recycle technology from SACHEM Inc. The JV will own or lease other facilities at customer sites throughout Asia. Q: Why did SACHEM choose Nagase as a JV partner for this business? A: Nagase and SACHEM are a natural fit to jointly promote TMAH recycle technology. • Nagase worked early with SACHEM to encourage our activities with recycle technology and in building our first commercial scale plant in Higashi Osaka. • Nagase is already a leader in the installation of on-site DDS systems for TFT/LCD industry with about an 80% market share. Nagase’s strong relationship with TFT/LCD fabs will provide faster market penetration. • A Nagase DDS system can be programmed to be compatible with an on-site Mobius System™. The Mobius System™ is compatible with many other DDS brands.