DuPont, Samsung’s Cheil sign joint venture on materials

September 30, 2004 – DuPont Electronic Technologies and Cheil Industries Inc., part of the Samsung Group, have signed a 50/50 joint venture agreement, pending local and government approvals, to establish SD Flex Co. LLC to manufacture DuPont’s Pyralux adhesiveless, flexible copper clad laminate, said a DuPont release.

This laminate is instrumental in enabling advanced functionality and performance in displays, cell phones, personal digital assistants and other electronic devices.

The manufacturing facility for SD Flex Co. will be constructed at Cheil’s existing site in Gumi, Korea. The first manufacturing line within the new facility is expected to be operational in 3Q05, with an initial capacity of 100,000 sq m/month, and will be expanded to keep pace with market demand. SD Flex Co. will focus on serving primarily the Korean market.

Cheil Industries Inc. was established in 1954 as a founding member of the Samsung Group, and diversified into the electronic chemical materials business in 1996, when it entered the epoxy molding compounds manufacturing business.


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