Hemlock Semiconductor acquires DuPont TCS business
The Michigan-based provider of ultra-pure polycrystalline silicon announces its acquisition of a DuPont business that makes trichlorosilane (TCS), the primary raw material used in producing the ultra-pure polysilicon HSC supplies to the semiconductor and solar industries.
By acquiring the TCS operations in Midland, Michigan – located about 20 miles north of HSC’s campus west of Saginaw – HSC will be better able to control supply and substantially reduce costs, a press release reads. HSC claimes that the new lower cost position, coupled with its ability to produce polysilicon sustainably, will enable the company to boost its competitiveness as solar energy purchasers increasingly look for ways to decarbonize their supply chains. “This acquisition will strengthen our already strong semiconductor position,” said HSC Chairman and CEO Mark Bassett. “It will help accelerate our growth in the solar sector since we’ll be able to offer ultra-pure polysilicon of exceptional quality that reduces the carbon footprint of producing solar panels at a substantially lower cost.” Bassett called the acquisition of the trichlorosilane asset “a major milestone” for HSC, enabling the company’s manufacturing to become fully integrated with its main raw material. Polysilicon is used to make solar photovoltaic cells and the integrated circuits for electronics which are the building blocks for everything from smartphones to autonomous vehicles.