PiBond, a leading specialty chemical manufacturer serving the semiconductor industry, is set to undergo a substantial expansion of its current facility in Espoo, Finland, to enhance lithography product production. The capacity expansion, scheduled for 2024, is expected to lead to a 50% increase in production capacity, positioning PiBond to meet rising demand and significantly boost sales in the semiconductor industry in the coming years.
The expansion targets the growing market demand for lithography products, supporting the volume production needed for microprocessors, memory chips, sensors, and displays. PiBond's commitment to ultra-purity involves separating the manufacturing processes for silicon and carbon-based products, aligning with the highest industry standards.
Pasi Leinonen, Senior Director of Sales and Marketing at PiBond, stated: "With this strategic investment, PiBond is poised to play a crucial role in meeting the increasing demand for lithography products in the semiconductor industry. We are dedicated to advancing technology and supporting our customers with high-value specialty materials."
The expanded facility not only strengthens PiBond's production capabilities but also facilitates the implementation of new manufacturing processes on a larger scale, showcasing the company's commitment to innovation and staying at the forefront of technological advancements.
Leinonen added: "This expansion marks a new chapter in PiBond's growth story, solidifying its position as a leading supplier of high-value specialty materials in a rapidly growing and evolving industry."
In a global semiconductor market projected to reach $624 billion this year (Gartner) and expected to double to $1300 billion within this decade, PiBond stands out as an innovative force.
For media inquiries, please contact:
Pasi Leinonen, Senior Director, Sales & Marketing
+358405094066
About PiBond
PiBond Oy is an Espoo-based Finnish company that supplies advanced materials to the leading semiconductor foundries globally. The company produces materials that are critical in manufacturing microelectronic and photonic devices. These include, for instance, patterning materials for semiconductors, dielectrics, and optical materials, which are customized to meet specific customer requirements.
Only a few companies can develop and supply materials that enable the most advanced semiconductor devices globally. PiBond is one of the few critical material and process suppliers for microprocessors, data storage, and sensor chips of today and in the future.
PiBond's materials and processes enable semiconductor structures that are ~10 nanometers in size. This means the company's materials and processes integrate billions of transistors on a single computer chip and enable future memory chips manufacturing.
Founded in 2014, PiBond today has operations across Asia, the US, and Europe and a highly qualified workforce to help the company meet future industry needs.
PiBond received the top European semiconductor solution supplier reward in 2022.
For more information, visit [www.pibond.com].
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