Abstract
As computer chip shortages idle automobile plants and other manufacturing facilities, Merck KGaA, Huntsman, and JSR are investing to increase capacity for the chemical raw materials needed to make the chips. The electronics division of Merck KGaA, which operates as EMD Electronics in the US and Canada, says it plans to spend $3.5 billion on R&D and capacity expansions through 2025, with $2.3 billion going to capital expenditures. The division supplies materials and chemicals used in manufacturing semiconductors and displays. Merck says it will invest in facilities in the US, South Korea, Germany, Taiwan, Japan, and China—plants that it says are geographically close to its key customers. The company also plans to seek acquisitions in those countries, which are important electronic manufacturers. In the US, Huntsman is partway through an expansion of its specialty amines plant in Conroe, Texas, and expects to have the new capacity on-line in 2023. Among
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