LINTEC Integrated Report 2021
23/116

With regard to Advanced Materials Operations of the Electronic and Optical Products segment, LINTEC is strength-ening its product supply structure to meet robust demand in semiconductor- and electronic component-related markets and working tirelessly to develop new products for next-generation device production processes. Concerning products that use carbon nanotubes, LINTEC aims to commercialize pellicles used as anti-dust covers on extreme ultraviolet (EUV) lithogra-phy systems on the leading-edge of semiconductor production process technologies. In Optical Products Operations, mean-while, the Company seeks to develop and increase sales of new products, including optical clear adhesive (OCA) sheets for automobiles, and develop adhesives for next-generation displays, such as those used in foldable smartphones, and thinning adhesives. Outline of DURAMARK PRODUCTS, INC. Company name Founded Location Business Net sales Acquisition price Approx. $60 million (100% ownership) DURAMARK PRODUCTS, INC. (company name changed to MACTAC, INC., on April 8)1983South Carolina, U.S. Production and sale of adhesive products for labels and graphic film $76 million (fiscal year ended December 31, 2020)In Fine & Specialty Paper Products Operations of the Paper and Converted Products segment, to address demand related to the move away from plastic in recent years, LINTEC is keen to grow sales of food containers that use oil- and water-resistant paper such as food wrappers for fast-food chains, as well as high-performance specialty paper that helps reduce food loss. Turning to Converted Products Operations, as part of strength-ening its initiatives for the environment, LINTEC will promote the use of solvent-less release paper to lower the use of organic solvents and atmospheric emissions of VOCs, and endeavor to expand its range of products that do not use polyethylene resins. We are also trying to increase sales of casting paper for synthetic leather used in automobile seats and interiors.LINTEC Integrated Report 202121Acquisition of U.S.-Based DURAMARK PRODUCTS, INC.On April 1, the LINTEC Group acquired DURAMARK PRODUCTS, INC., a manufacturer of adhesive products in the U.S. The company has not only production facilities for formulation of various adhesives and high-speed coating of adhesive prod-ucts for labels but also an integrated production structure for graphic film, such as decorative wall coverings. With this acquisition, DURAMARK PRODUCTS was added to the group for MACTAC AMERICAS, LLC, LINTEC’s subsidiary and indus-try peer in the U.S. We expect the acquisition of DURAMARK PRODUCTS to provide a synergistic boost from higher sales thanks to expanded production capacity for label adhesive products and lower costs from the in-house production of graphic film. We aim to expand earnings in the North American market as it continues to steadily grow.

元のページ  ../index.html#23

このブックを見る