MacDermid and Tanaka Discontinue EEJA Joint Venture
February 6, 2018 | MacDermidEstimated reading time: 2 minutes
MacDermid Performance Solutions, a leading global provider of specialty chemicals and materials, announced the cessation of its joint venture with Tanaka Kikinzoku Kogyo K.K. of Japan, which was conducted through Electroplating Engineers of Japan, Limited (EEJA). MacDermid Performance Solutions has agreed to divest all of its shares in the joint venture to Tanaka for an undisclosed sum.
Joseph J. D’Ambrisi, Sr. VP of MacDermid Enthone Electronics Solutions, commented, “The joint venture was originally formed in 1965 as a way for the American company Sel-Rex to establish a presence in the Japanese market. Sel-Rex became part of Enthone Inc., and in 2015, part of MacDermid Performance Solutions. The integration of MacDermid, Enthone and the former OM Group assets into one business has created a leading global solutions provider to the electronics industry, including a large presence in Japan. This presence has eliminated the need for continuing the joint venture. Looking back, the work and cooperation between our two companies was a model for scientific collaboration. After the transaction is complete, both EEJA and MacDermid Enthone, through cross-licensing agreements, will continue to provide an uninterrupted supply of products to our customers.”
Julian Bashore, General Manager of MacDermid Enthone Electronics Solutions, Japan said, “As a manufacturer of specialty chemicals and materials, MacDermid Enthone Electronics Solutions’ surface treatment and metal deposition chemistries provide value to our manufacturing customers in the electronics, automotive, and industrial markets. The integrated MacDermid Enthone Electronics Solutions business is renewing our commitment to the Japanese market through our best-in-class innovation and technical service support.“
About EEJA
Electroplating Engineers of Japan Ltd., headquartered in Japan, is engaged in the development, production, sales and export of precious metal and based metal plating solutions, additives and surface processing-related chemicals. EEJA also designs and manufactures plating equipment. Following today’s dissolution of the joint venture, EEJA becomes a 100%-owned subsidiary of Tanaka Kikinzoku Kogyo K.K. For more information, click here.
About MacDermid Enthone Electronics Solutions
MacDermid Enthone Electronics Solutions is a business within MacDermid Performance Solutions, which is a subsidiary of Platform Specialty Products Corporation. MacDermid Enthone Electronics Solutions researches, formulates and delivers specialty chemistries used in the world’s leading electronics. Our products and technical support provide solutions for the most complicated, micro scale circuitry challenges. From wireless devices to automotive and military electronics – in everything you see, and in many things you don’t – MacDermid Enthone is there. For more information, click here.
Suggested Items
Podcast Review: On the Line with… Designing for Reality
05/09/2024 | Duane Benson, Positive Edge LLCAs a technologist, if I were forced to come up with just one recurring theme that I might call a professional “nemesis,” it would be the difference between theory and reality. A lot of technology we have at our disposal works well in theory but falls short when reality hits. That’s not the only reason I chose to listen to and review On the Line with… Designing for Reality, featuring a series of conversations with ASC Sunstone’s Matt Stevenson, but it certainly helped that the title caught my eye.
AIM Solder Signs Shinil Fl Ltd. as New Distributor for Korea
05/08/2024 | AIM SolderAIM Solder, a leading global manufacturer of solder assembly materials for the electronics industry, is pleased to announce a new distribution partnership with Shinil Fl Ltd., a prominent supplier of technological solutions in the SMT and semiconductor sectors.
KYZEN’s Adam Klett to Keynote at SMTA Electronics in Harsh Environments Conference
05/07/2024 | KYZEN'KYZEN, the global leader in innovative environmentally friendly cleaning chemistries, announced today that KYZEN’s Director of Science, Adam Klett, PhD will present as a keynote speaker at the SMTA Electronics in Harsh Environments Conference. The event is scheduled to take place May 14-16, 2024 at the Technical University of Denmark in Copenhagen, Denmark.
Altus Equips SSTL with Advanced Cleaning Technology for Electronics
05/07/2024 | Altus GroupAltus Group, a leading supplier of capital equipment for the electronics manufacturing industry, has announced the successful installation of an advanced PCBA cleaning system at Surrey Satellite Technology Limited (SSTL).
GPV's Handover of Refurbished Factory Building
05/07/2024 | GPVOn 6 May 2024, Bjorn Fiskers, MD at GPV Electronics TH in Thailand and his team were handed the keys to our refurbished factory building, adding another 7,000 sqm to our current 15,000 sqm electronics factory. Our electronics factory in Thailand will comprise of a total of 22,000 sqm.