MEDIA RELEASE PR35375
H.C. Starck Inc. and Comet Network Co., Ltd. Solidify Supply Relationship
GOSLAR, July 14 /PRNewswire-AsiaNet/ --
H.C. Starck Inc., Newton, MA announces its ongoing commitment to provide
refractory metals for sputtering targets used in the production of LCD flat
panel display screens. H.C. Starck Inc. recently signed a long-term supply
agreement with Comet Network Co., Ltd, Seoul, South Korea to provide these
materials for sputtering targets from its production facilities in Euclid,
OH. The Euclid facility has committed additional capital spending to increase
its capacity in anticipation of growth resulting from the agreement.
Richard McCorry, President and CEO of H.C. Starck Inc. and its Fabricated
Products Business Unit said, "This agreement is a clear indication of the
strength of Korea's electronics industry, even in these difficult economic
times, and we are pleased to be able to support the continued growth of Comet
in its business activities."
Terry Shin, CEO of the Comet Group added, "We value H.C. Starck and its
Fabricated Products Business Unit as a reliable supplier for delivery of
these crucial high quality materials, and look forward to a long and mutually
beneficial cooperation."
Additionally, Comet Network has an interest in the conductive polymers,
produced and sold by H.C. Starck Clevios GmbH in Leverkusen. The CLEVIOS(TM)
material and its derivatives pave the way for innovative solutions and new
products for the electronics industry. Both parties confirmed their intention
to expand the scope of their present business relations.
Comet Network is a leading sputtering target manufacturer in Korea and
supplies both LG Display and Samsung Electronics with various sputter targets
such as Molybdenum, Molybdenum alloy, Copper and Aluminum for the production
of flat panel display screens.
H.C. Starck is diverse in thin film market applications including LCD
flat panel displays, photovoltaic solar cells, integrated circuits, data
storage and optical coatings, and strives to provide high quality, uniform
coatings while ensuring cost effective target utilization.
Specializing in processing refractory metals, H.C. Starck is able to
successfully meet the steadily increasing demands of the electronics, energy,
aerospace, medical, chemical processing, and automotive industries through
its extensive research activities. It offers tailor-made product solutions,
geared to the needs of its customers.
SOURCE: H.C. Starck GmbH
CONTACT: Andrew Towey
V.P. of FPR Global Marketing, H.C. Starck Inc.,
+1-617-630-5810
Fax, +1-617-630-5807
andrew.towey@hcstarck.com
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