On 15 Feb., 2016, Zhejiang Kaisn Fluorochemical Co., Ltd. (Zhejiang Kaisn) announced that it had passed the
environmental protection acceptance check conducted by the Quzhou Municipal
Environmental Protection Bureau on its electronic grade wet chemicals project.
Accordingly, portfolio in the project spans electronic grade nitric acid (6,000
t/a), electronic grade hydrochloric acid (3,000 t/a) and electronic grade
sulphuric acid (10,000 t/a).
“The project is a horizontal expansion based on the current electronic grade
ammonium fluoride, electronic grade hydrogen fluoride (HF) and suchlike,”
stated Zhejiang Kaisn, “We give play to the existing public facilities. Except
the external purchase of fuming nitric acid, we self supply the other raw
materials. Now the new production lines are running stably, production load at
97-98%.”
According to CCM’s research, its electronic grade HF project passed the environmental
protection acceptance check in Dec. 2015, producing electronic grade HF (6,000
t/a) and by-producing chemical reagent grade HF (5,000 t/a).
About Zhejiang Kaisn
Founded in June 2003, it is a fully-owned subsidiary of Zhejiang Juhua Co.,
Ltd. (Zhejiang Juhua), business spanning fluorite, HF, electronic chemicals and
alternative energy materials.
In light of the overlapping market targeted by the new products and the current
electronic grade HF, which will enable the company to horizontally expand the
sales network, CCM believes that this will be favourable for Zhejiang Kaisn to
optimise and expand its product structure, further solidify and improve its
market position, and level up its brand recognition.
As a special chemical for microelectronics industry, electronic grade wet
chemicals are mainly used in integrated circuit (IC) field. Its purity and
cleanness have significant impact on the yield, electric properties and
reliability of related finished products.
Currently, China is playing an important role in promoting the growth of the
global IC market – output value of domestic IC industry is rising by 10-15%
year by year, demanding for over 70,000 tonnes of electronic grade wet
chemicals annually.
Though China is highly reliant on imported wet electronic
grade chemicals, which can meet the high requirements from related finished
products, like high quality, small use amount and cleanness during production
and use, it also indicates a huge substitution potential – success in
substitution will give boost to leading players.
In addition, Juhua Group Corporation, the controlling shareholder of Zhejiang
Juhua, was elected to be the director-general of the China New Electronic
Chemical Materials Industry Alliance in Nov. 2015. This will help Zhejiang
Kaisn to expand the market and fully release its new production capacity.
This article comes from China Fluoride Materials Monthly Report 1602, CCM
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Tag: Fluorochemical fluoride