Heraeus strengthens its presence as a supplier of semi-finished quartz materials with official integration of Korean company HS Advanced Materials Co., Ltd. into Heraeus Korea Corporation effective May 1st, 2022
Kleinostheim, Germany and Anseong, South Korea, May 1, 2022 – Heraeus Conamic, a leading-edge material specialist for the manufacturing and processing of the industry’s highest purity fused silica, announced in November 2021 it has acquired the Korean company HS Advanced Materials Co., Ltd. (HSAM), a converter and distributor of semi-finished quartz materials for the semiconductor and other industries. Effective May 1st, 2022, the former business of HSAM is fully integrated into Heraeus Conamic and operates under the company name Heraeus Korea Corporation.
Christoph Fark, President Heraeus Conamic, said: “The semiconductor market in Korea is a driving force in the global semiconductor industry and is expected to grow significantly. Since the acquisition of HSAM in November 2021, we have already made huge progress in strengthening our presence as a supplier of quartz base materials in Korea. By operating under the roof of Heraeus Korea effective May 1st, 2022, our Korean business will benefit even more from the reputation and strength of the Heraeus Group.”
“We are very pleased to announce the legal integration of former HSAM business into Heraeus Korea. This represents a major step towards long-term success, both for our customers and for Heraeus Conamic,” adds Michael Werth, President Heraeus Conamic. As part of its growth strategy, the business has already relocated to a new and bigger site in Anseong, roughly 20 kilometers from its old location.
Myung-Hwan Bae, Head of Heraeus Korea, said, “Heraeus, which has been providing solutions to the Korean market since 1984, was newly launched in 2010 by integrating each division into Heraeus Korea. To date, six business units have achieved continuous growth, and this acquisition brings a total of seven business units to provide expanded solutions.”
The Heraeus Conamic quartz business in Korea offers semi-finished quartz products to quartz fabricators in Korea and worldwide and provides the entire portfolio of quartz base materials, e. g. quartz rings, ingots, plates, rods, tubes. The quartz conversion capabilities include various technologies, such as wire saws, band saws, core drilling, lathe cutting and grinding.