DuPont Inks Strategic Pact With YMT For Dry Film Photoresist Distribution In Korea

DuPont De Nemours, Inc. DD inked a strategic collaboration with YMT Corporation, a Korean printed circuit board (PCB) materials manufacturer.

Under this partnership, YMT has invested in establishing a dry film slitting facility in Ansan, Korea. The deal will enhance Riston dry film photoresist distribution and service in Korea.

DuPont expects the facility to start operation in October.

Also Read: DuPont Plans To Sell Its Delrin Resins Business For $1.8B: Report

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This collaboration combines DuPont's circuit imaging material expertise and YMT's local network to address local customer needs.

In the recently reported Q2 results, the company's Electronics & Industrial sales were $1.31 billion (-14% Y/Y). 

"We believe the win-win strategy will reinforce our circuit imaging market in Korea while YMT will expand its current product offerings by adding Riston dry films," said Yuan Yuan Zhou, Global Business Director, Metallization & Imaging, DuPont.

Price Action: DD shares are trading lower by 2.80% to $75.79 on the last check Tuesday.