SCEM

Entegris Reports Results for Second Quarter of 2023

Retrieved on: 
Thursday, August 3, 2023

For the third quarter ending September 30, 2023, the Company expects sales of $875 million to $900 million, GAAP net income of $34 million to $42 million and diluted earnings per common share between $0.23 and $0.28.

Key Points: 
  • For the third quarter ending September 30, 2023, the Company expects sales of $875 million to $900 million, GAAP net income of $34 million to $42 million and diluted earnings per common share between $0.23 and $0.28.
  • The Company also expects EBITDA of approximately 26% to 27% of sales, for the third quarter of 2023.
  • Entegris will hold a conference call to discuss its results for the second quarter on Thursday, August 3, 2023, at 9:00 a.m. Eastern Time.
  • Management’s slide presentation concerning the results for the second quarter will be posted on the Investor Relations section of www.entegris.com in the morning before the call.

Entegris and Element Solutions Terminate Distribution Agreement

Retrieved on: 
Monday, June 5, 2023

Entegris, Inc. (NASDAQ: ENTG), a leading supplier of advanced materials and process solutions for the semiconductor and other high-tech industries, today announced that it has terminated its distribution agreement with MacDermid Alpha Electronics Solutions, a business unit of Element Solutions Inc (NYSE: ESI), in exchange for $200 million.

Key Points: 
  • Entegris, Inc. (NASDAQ: ENTG), a leading supplier of advanced materials and process solutions for the semiconductor and other high-tech industries, today announced that it has terminated its distribution agreement with MacDermid Alpha Electronics Solutions, a business unit of Element Solutions Inc (NYSE: ESI), in exchange for $200 million.
  • Entegris has received $170 million at closing and the remainder will be paid at the conclusion of a transitionary period.
  • This distribution agreement, originally entered into in 2003, provided Entegris the exclusive right to distribute MacDermid Enthone ViaForm® copper plating chemistries, which are used in front-end chip making electrochemical deposition processes.
  • Element Solutions is the manufacturer of the ViaForm® product line, which Entegris has sold under a distribution agreement as a part of Entegris’ Specialty Chemicals and Engineered Materials (SCEM) division product offerings.

Entegris Reports Results for First Quarter of 2023

Retrieved on: 
Thursday, May 11, 2023

The Company also expects EBITDA of approximately 27% to 28% of sales, for the second quarter of 2023.

Key Points: 
  • The Company also expects EBITDA of approximately 27% to 28% of sales, for the second quarter of 2023.
  • Entegris will hold a conference call to discuss its results for the first quarter on Thursday, May 11, 2023, at 8:00 a.m. Eastern Time.
  • Participants are asked to dial in 5 to 10 minutes prior to the start of the call.
  • Management’s slide presentation concerning the results for the first quarter will be posted on the Investor Relations section of www.entegris.com in the morning before the call.

Entegris Reports Results for Fourth Quarter Of 2022

Retrieved on: 
Tuesday, February 14, 2023

First quarter non-GAAP guidance includes an approximately $20 million increase (or $0.11 of non-GAAP EPS) in non-cash equity compensation expense compared to the fourth quarter of 2022, resulting from the alignment of CMC Material’s and Entegris’ equity benefit plans.

Key Points: 
  • First quarter non-GAAP guidance includes an approximately $20 million increase (or $0.11 of non-GAAP EPS) in non-cash equity compensation expense compared to the fourth quarter of 2022, resulting from the alignment of CMC Material’s and Entegris’ equity benefit plans.
  • In addition, a higher expected tax rate in the first quarter of 2023, is expected to result in an approximately $0.05 impact to non-GAAP EPS, compared to the fourth quarter of 2022.
  • Entegris will hold a conference call to discuss its results for the fourth quarter on Tuesday, February 14, 2023, at 10:00 a.m. Eastern Time.
  • Management’s slide presentation concerning the results for the fourth quarter will be posted on the Investor Relations section of www.entegris.com in the morning before the call.

Quad-C Management to Acquire QED Technologies from Entegris

Retrieved on: 
Friday, January 20, 2023

Quad-C Management, Inc. (“Quad-C”), a leading middle market private equity firm, and Entegris, Inc. (NASDAQ: ENTG, “Entegris”), a leading supplier of advanced materials and process solutions for the semiconductor and other high-technology industries, today announced that the companies have entered into a definitive agreement for Quad-C to acquire QED Technologies International, Inc. (“QED”) from Entegris.

Key Points: 
  • Quad-C Management, Inc. (“Quad-C”), a leading middle market private equity firm, and Entegris, Inc. (NASDAQ: ENTG, “Entegris”), a leading supplier of advanced materials and process solutions for the semiconductor and other high-technology industries, today announced that the companies have entered into a definitive agreement for Quad-C to acquire QED Technologies International, Inc. (“QED”) from Entegris.
  • QED offers state-of-the-art MRF polishing and SSI metrology manufacturing solutions that are designed to meet the needs of advanced optics manufacturers by increasing production speed and yield while decreasing costs.
  • Entegris’ QED business is part of the company’s Specialty Chemicals and Engineered Materials (SCEM) division.
  • We are excited to partner with the Company as it begins its next chapter as a standalone entity once again.”

Global Third Party Logistics Market Report 2022: Increased Trade Activities Around the World Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 13, 2022

The ability of a company to outsource logistics and distribution activities is referred to as third-party logistics.

Key Points: 
  • The ability of a company to outsource logistics and distribution activities is referred to as third-party logistics.
  • The Global Third Party Logistics Market is segmented on the basis of Transport, Service Type, Industry, and Region.
  • Infrastructure constraints, a shortage of logistics experts, and government-imposed regulatory issues are the major factors impeding the growth of the global third-party logistics market.
  • One of the key trends in the global third party logistics market is the integration of novel technologies.

Infineum to Acquire Entegris’ Pipeline and Industrial Materials Business as Part of its Transformational Growth Strategy

Retrieved on: 
Tuesday, October 11, 2022

Infineum and Entegris, Inc. (NASDAQ: ENTG) today announced that the companies have entered into a definitive agreement for Infineum to acquire Entegris Pipeline and Industrial Materials business (PIM).

Key Points: 
  • Infineum and Entegris, Inc. (NASDAQ: ENTG) today announced that the companies have entered into a definitive agreement for Infineum to acquire Entegris Pipeline and Industrial Materials business (PIM).
  • View the full release here: https://www.businesswire.com/news/home/20221011005439/en/
    We are excited to announce the agreement to acquire Entegris Pipeline and Industrial Materials business.
  • We look forward to welcoming our new colleagues to the Infineum team, said Trevor Russell, CEO.
  • Entegris is a world-class supplier of advanced materials and process solutions for the semiconductor and other high-tech industries.

BASF and Entegris Sign Agreement on the Sale of Precision Microchemicals Business

Retrieved on: 
Wednesday, October 27, 2021

BASF and Entegris have signed an agreement on the sale of the Precision Microchemicals business to Entegris for $90 million.

Key Points: 
  • BASF and Entegris have signed an agreement on the sale of the Precision Microchemicals business to Entegris for $90 million.
  • View the full release here: https://www.businesswire.com/news/home/20211027005639/en/
    The Precision Microchemicals business is part of the Surface Treatment business unit of BASFs Coatings division, operating under the Chemetall brand.
  • This business will be part of the Specialty Chemicals and Engineered Materials (SCEM) Division of Entegris.
  • The acquisition of BASFs Precision Microchemicals business adds technical expertise, intellectual property and talent to our broad specialty chemicals portfolio, said Bertrand Loy, President and CEO of Entegris.