Semiconductor Equipment Manufacturing and Materials Service Company Backgrounders
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Table of Contents SEMICONDUCTOR EQUIPMENT MANUFACTURING AND MATERIALS SERVICE COMPANY BACKGROUNDERS Company Fiscal Year-End Air Products and Chemicals, Inc. September Anelva Corporation October Applied Materials, Inc. December ASM International N.V. December Canon Incorporated December E.I. du Pont de Nemours and Company December General Signal Corporation Hitachi, Ltd. March Hoechst AG December KLA Instruments Corporation June Lam Research Corporation June Nippon Kogaku K.K. (Nikon) March Nippon Sanso K.K. Olin Corporation December Osaka Titanium Co., Ltd. March Shin-Etsu Chemical Co., Ltd. March Silicon Valley Group, Inc. September Tokyo Electron Ltd. Tol^o Ohka Kogyo Co., Ltd. Union Carbide Corporation December Varian Associates, Inc. September SCA ©1990 Dataquest Ihccoporated 0008688 Air Products and Chemicals, Inc. 7201 Hamilton Boulevard AUentown, Pennsylvania 18195-1501 Telephone: (215) 481-4911 Fax: (215) 481-5800 Dun's Number: 00-300-1070 Date Founded: 1940 CORPORATE STRATEGIC DIRECTION More detailed information is available in Tables 1 torough 3, which appear after "Business Segment Strategic Direction" and present corporate highhghts Air Products and Chemicals, Inc., consists of four and revenue by region and distribution chatmel. segments: industrial gases, chemicals, environmental Table 4, a con^rehensive financial statement, is at the and energy, and equipment and technology. The end of this profile. industrial gases segment produces and distributes industrial gases such as oxygen, nitrogen, argon, and hydrogen, and a variety of medical and specialty gases. Air Products is the fourth largest industrial gas mantifacturer in the world. The chemicals segment BUSINESS SEGMENT STRATEGIC produces industrial and specialty chemicals used in DIRECTION adhesives, coatrugs, poljrurethane, herbicides, pesti cides, and water treatment chemicals. The environ mental and energy segment includes activities in Industrial Gases cogeneration, flue gas desulfurization, and waste-to- energy conversion, as well as landfiU gas recovery The principal industrial gases sold by Air Products and wastewater treatment The eqtiipment and tech are oxygen, nitrogen, argon, hydrogen, carbon nology segment supplies cryogenic process equip monoxide, and helium. All these gases are used heav ment, including air separation equipment and liquid ily in die fabrication of semiconductors, steel, and natural gas heat exchange equipment. chemicals. Medical and specially gases are manufoc- tured or blended by Air Products or purchased for resale. This segment accounts for 60 percent of the The Company's total revenue increased 8.6 percent to Company's sales and 80 percent of its profits. $2.6 billion* in fiscal year 1989, from $2.4 billion in fiiscal year 1988. Air Products attributed the rise in revenue to the strengthened demand for industrial Chemicals gases and strategic chemicals, resulting in record shipments in most major product lines. Net income Air Products' strategic chemical business can be reached $222.1 million for fiscal 1989, resulting in a grouped into three categories: polymer products growth rate of 3.9 percent over fiscal 1988. Air (emulsions and polyvinyl alcohol), polyurethane Products employs 14,100 people. intermediates and additives (dinitrotoluene, toluene diamine, catalysts, surfactants, and mold release agents), and amines and specialty additives (alkyla- Air Products' sales are concentrated in the North mines and a line of amines used principally in crop American region. Revenue from North American protection and water treatment). The total sales from sales accounted for 78.0, 76.0, and 76.4 percent for these three businesses constituted approximately fiscal year 1987, 1988, and 1989. Revenue from 28 percent of toe Company's consolidated sales in international sales accounted for 23.6 percent during fiscal 1989. Other chemical businesses that con fiscal 1989, of which 85.4 percent was from tributed to 9 percent of toe Company's consolidated European sales. sales over toe past toree years are acetic acid, ammo nia, and ammonia products, methanol, and polyvinyl *A11 dollar amounts are in US dollars. chloride resins. SCA 0006695 ©1990 Dataquest Incorporated 1 Air Products and Chemicals, Inc. Environmental and Energy Further Information Air Products' environmental and energy segment con For more information about the Company's business sists of two joint ventures. American Ref-Fuel, estab segments, please contact the appropriate industry lished through a joint venture with Browning-Ferris, service. builds, owns, and operates trash-to-energy facilities. Pure Air, formed through a joint venture with Mitsubishi, designs and operates facihties to remove sulfur emissions from coal-fired utilities fiue gas. Air Products also has an energy system component that builds, runs, and operates cogeneration facilities. Equipment and Technology Air Products' equipment and technology segment designs, manufactures, and supphes cryogenic proc ess equipment used for air separation, gas pro cessing, natural gas liquefaction, wastewater treatment, hydrogen purification, and nitrogen rejectioiL SCA ©1990 Dataquest Incorporated 000669S Air Products and Chemicals, Inc. Table 1 Five-Year Corporate Highlights (Thousands of U.S. Dollars) 1985 1986 1987 1988 1989 Five-Year Revenue $1,829,600.0 $1,941,500.0 $2,132,200.0 $2,431,900.0 $2,641,800.0 Percent Change 6.12 9.82 14.06 8.63 Capital Expenditure $399,000.0 $407,000.0 $367,700.0 $556,400.0 $562,000.0 Percent of Revenue 21.81 20.96 17.25 22.88 21.27 R&D Expenditure $51,107.0 $61,091.0 $56,530.0 $71,797.0 $71,403.0 Percent of Revenue 2.79 3.15 2.65 2.95 2.70 Number of Employees 12,500 12,700 12,100 13,300 14,100 Revenue ($K)/Employee $146 $153 $176 $183 $187 Net Income $143,484.0 $4,735.0 $155,587.0 $213,747.0 $222,137.0 Percent Change (96.70) 3,185.89 37.38 3.93 1989 Calendar Year (US$M) Ql Q2 Q3 Q4 Quarterly Revenue $668.94 $663.71 $668.62 $652.50 Quarterly Profit $56.65 $53.36 $51.01 $49.40 Sonice: Air Products and CheiDucals, Inc. Ammal Reports and Frams 10-K Dataqaest (1990) Table 2 Revenue by Geographic Region (Percent) Region 1985 1986 1987 1988 1989 North America 86.28 80.41 77.97 76.03 76.43 International 13.72 19.59 22.03 23.97 23.57* *Fot 1989, Enrope contribated 85.4 percent and Canada and Somce: Air nrodncts and Chonicals, Inc. Latin America 14.6 percent of tbe intematianal levenne. Amnial Rqxms and Fonns 10-K Dataqaest (1990) Table 3 Revenue by Distribution Channel (Percent) Channel 1988 1989 Direct Sales 90.00 90.00 Indirect Sales 10.00 10.00 Source: Air Products and Chemicals, Inc. Ammal Reports and Forms 10-K Dalaquest (1990) SCA 000669S ©1990 Dataquest Incorporated Air Products and Chemicals, Inc. North Carolina—Charlotte, Greensboro, Laurinburg, Reidsville, Research Triangle Park, 1989 SALES OFHCE LOCATIONS Wilmington Ohio—Qeveland, Middletown, North Baltimore Oklahoma—Oklahoma City, Pryor North America—66 Oregon—^Albany, Tualatin Japan—3 PeiU]sylvania—^Allentown, Butler, Creighton, Europe—19 Dravosburg, Lancaster, Lehigh Valley, Asia/Pacific—9 Manchester, Marcus Hook, MeadviUe, Mt Holly ROW—1 Springs, Tamaqua, Wilkes-Barre South Carolina—^Florence, Piedmont South Dakota—^Rapid City Tennessee—^Alcoa, Huntingdon, Kingsport, Memphis, Nashville, New JohnsonviUe Texas—^Arlington, Austin, Baytown, Conroe, MANUFACTURING LOCATIONS Corpus Christi, Dallas, Deer Park, Garland, Gruver, La Porte, Lubbock, Midlothian, Pasadena, Wichita Falls North America Utah—Centerville Virginia—^Hampton, Richmond United States Washington—Puyallup Alabama—Chunchula, Decatur, Flomaton, West Virginia—^Apple Grove, Ceredo, Nitro, Irondale, Lowndesboro, Monroeville, Muscle Proctor, Weirton Shoals "^sconsin—Oak Creek Arizona—Chandler, Phoenix Wyoming—Evanston Arkansas—Ashdown California—City of Industry, El Segundo, Gait, Canada Hesperia, Lathrop, Long Beach, Mountain View, Alberta—Calgary Sacramento, Santa Qara, Stockton, Golden British Columbia—Richmond Colorado—Colorado Springs Manitoba—Wmnipeg District of Columbia—Washington Ontario—Brampton, Kanata, Nanticoke, Samia Florida—Fort Walton Beach, Jacksonville, Jay, Quebec—LaSalle Largo, Orlando, Pensacola Georgia—Conyers Europe Illinois—Brookfield, Chicago, Granite City, Hennepin, LaSalle, Mount Zion Belgium Indiana—Chesterton, South Bend Ghent, Wvoorde Iowa—Bettendorf, Cedar Rapids, Davenport, Des Nethnlands Moines, Sioux City Temeuzen Kansas—Lenexa, ^chita Kentucky—Ashland, Calvert City, Louisville, Asia/Pacific Russellville Louisiana—Geismar, Luling, New Orleans, Australia Flaquemine, Sorrento, St Gabriel Fitzroy, 'N^ctoria Maryland—Elkton, Sparrows Point Korea Massachusetts—^Hopkinton, Marlborough Seoul Michigan—Detroit, Saginaw Minnesota—Shakopee Mississippi—Greenwood, Pass Christian ROW Missouri—Earth City Brazil Nebraska—Lincoln, Omaha Casa Verde New Jersey—Camden, Dayton, Iselin, Manalapan, Mexico Paulsboro, Wharton Estado De Mexico New York—Fishkill, Glenmont, Lackawanna, Puerto Rico Latham, Oswego, Rochester Ponce SCA ©1990 Dataquest Incorporated 000669S Air Products and Chemicals, Inc. Bangkok Industrial Gas Co., Ltd. The companies have a joint venture for producing SUBSIDIARIES and marketing industrial gases in Thailand. San Fu Chemical Co., Ltd. North America The companies have a joint venture for producing and marketing industrial gases in Taiwan. Air Products Canada Ltd. Air Products Inc. Athens Corporation Air Products Manufacturing Corp. Under an agreement. Air Products is to mark Air Products Pacific, Inc. Athens' chemical purification