Commenting on the arrangement, Sigma-Aldrich Corporation President and CEO Rakesh Sachdev stated, "We continue to grow our presence in the Asia Pacific region, where the majority of electronic products are manufactured today. The creation of this joint venture enables us to extend our capabilities in the region and gain greater customer access through Soulbrain's established technical competencies, infrastructure and customer relationships. We are pleased to partner with Soulbrain to bring new advances to the semiconductor and LED markets."
, Soulbrain Chairman, commented, "Soulbrain's manufacturing capabilities combined with SAFC Hitech's precursor know-how and semiconductor electronic material product pipeline offer the growing Korean market more technologically robust solutions. SAFC Hitech is a well-known specialty chemical manufacturer with a broad range of technical competencies and is an ideal partner to help better serve the needs of our customers in Korea."
Soulbrain is headquartered in Pangyo, Korea and employs approximately 870 employees in three manufacturing sites in Korea.
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About SAFC ®
is the custom manufacturing and services business unit of Sigma-Aldrich Corporation. It is recognized as a top 10 global fine chemical supplier and trusted manufacturer of specialty chemicals and biologics for the life science and high technology industries. Utilizing global "Centers of Excellence" and dedicated manufacturing facilities, SAFC can often resolve development and manufacturing challenges and accelerate the production of custom materials. Its rich portfolio includes high-purity inorganic materials for high technology applications, cell culture products, services for biopharmaceutical manufacturing and biochemical production, and complex, multi-step organic synthesis of APIs and key intermediates. For more information about SAFC, visit
About SAFC Hitech ®
: SAFC Hitech provides a unique chemistry service translating application understanding into performance materials worldwide. Through collaborative partnerships and an integrated approach from research and development, process development and scale up to commercial manufacturing, SAFC Hitech invests in innovation and manufacturing enabling current and future technology needs. Further information can be found at
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SOURCE Sigma-Aldrich Corporation