AZ Electronic Materials
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AZ Electronic Materials
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| Type | Public (LSE: AZEM) |
|---|---|
| Industry | Chemicals |
| Founded | 1950s |
| Headquarters | Stockley Park, Greater London, UK |
| Key people | John Whybrow, Chairman Geoff Wild, CEO |
| Revenue | US$791.8 million (2011)[1] |
| Operating income | US$150.7 million (2011)[1] |
| Net income | US$96.5 million (2011)[1] |
| Website | www.az-em.com |
AZ Electronic Materials plc (LSE: AZEM) is a British specialty chemicals company. It is listed on the London Stock Exchange.
History
The Company was established in the 1950s as a division of Hoechst (now Sanofi).[2] The name of the company is derived from the organic compound diazo.[3] In 1997 it was acquired by Clariant, a Swiss specialty chemicals business and in 2004 it was bought by funds controlled controlled by the Carlyle Group.[2] Vestar Capital Partners took a stake in the company in 2007.[2] In October 2010 it was first listed on the London Stock Exchange.[4]
Operations
The Company produces and sells specialty chemical materials used in the manufacture of integrated circuits and flat panel displays.[2]
References
- ^ a b c Preliminary Results 2011
- ^ a b c d AZ Electronic Materials plc: Prospectus
- ^ AZ Electronic Materials: History
- ^ iPad chemical maker AZ Electronic Materials to list in London Daily Telegraph, 2 October 2010
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