Ultrapure hydrogen peroxide is widely used in wafer cleaning processes for the production of semiconductor materials. The US and Asian markets have grown rapidly. It is predicted that demand in this area is growing at an average annual rate of more than 10%. In order to ensure market supply, MGC plans to increase the production capacity of the Arizona production plant from 35,000 tons/year to 70,000 tons/year and increase the production capacity of the Singapore production plant to 10,000 tons/year. In the Korean market, in order to meet the needs of the Samsung Electronics business expansion, the current capacity of 40,000 tons/year will be increased to 65,000 tons/year. For production plants in Taiwan Province of China, production capacity will be doubled to 20,000 tons/year through decapitulation and production optimization.
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