The following week, President Biden's signature is due to appear under a package of laws designed to stimulate the development of semi-conductor production in the United States, so market participants have stepped up to obtain dividends from the expansion of the associated business in the country, and the Japanese manufacturer of technical gases Mitsubishi Gas Chemical will triple its American capacity.
This was reported by Nikkei Asian Review, citing information from the company's representatives. In addition to the high-purification peroxide production in the United States, Mitsubishi Gas Chemical will invest $372 million in existing production lines in Oregon, new ones will be added, and the possibility of a new enterprise is being considered. Japan's Showa Denko and South Korea's SK Group have also shown interest in expanding the production of technical gases in the United States in the light of the upcoming development of the local semiconductor industry.
High-purification hydrogen peroxide is used to remove microscopic dust particles from silicon plates without damage to their structure, as well as to polish the surface and poison the plates. The Japanese company Mitsubishi Gas Chemical controls half of the world's technical gas market in this segment, its plants are located in Japan, the United States, South Korea and Taiwan, in close proximity to major consumers. It produces 140,000 tons of technical gases annually in the United States alone. In 2017, Mitsubishi Gas Chemical invested in the construction of two new plants in the United States, but still hopes to expand them.