Versum Materials Celebrates the Grand Opening of Its Research and Development Facility in Hometown, PA

The state-of-the-art facility will develop organometallic compounds
used in the manufacture of semiconductors.

TEMPE, Ariz.–(BUSINESS WIRE)–#semiconductor–Versum Materials, Inc. (NYSE: VSM), a leading materials supplier to the
semiconductor industry, announced today the grand opening of its new
research and development (R&D) facility at its semiconductor materials
manufacturing site in Hometown, Pennsylvania. The ribbon-cutting
ceremony took place April 10, 2018. Versum employees, members of the
community, local government, customers and strategic partners attended
the event.

The state-of-the-art R&D laboratory is dedicated to new materials used
in the manufacture of semiconductors. Scientists in the facility will
synthesize and purify new molecules down to parts per billion impurity
levels and below using the latest technologies available in the
industry. The researchers can assess the applications for these new
molecules and scale up the molecules to larger quantities for customer
evaluation. These new organometallic compounds will be deposited on
semiconductor wafers through cutting-edge technologies to test their
performance for semiconductor applications. Additionally, the facility
is capable of small-volume manufacturing and advanced analytical and
quality assessment.

State Senator Dave Argall commended Versum for being the region’s third
largest employer and for the company’s investments in the local
community. Approximately 30 employees, half of which hold advanced
degrees in chemistry or chemical engineering, are based in the new
facility. The company’s Hometown campus now totals 250 highly-skilled
employees.

The latest expansion is part of a $60MM multi-year investment in the
Hometown campus. Last year the company announced it had increased
production capacity and modified equipment configuration to reduce
manufacturing bottlenecking. Versum’s Hometown manufacturing facility
produces a variety of high purity specialty gases and chemicals for
semiconductor manufacturers around the world, including Tungsten
Hexafluoride, WF6
and Nitrogen Trifluoride, NF3.
WF6 is used as a metallization source for the formation of tungsten
interconnects between multiple layers in semiconductor devices. It is an
important material in the production of both logic and memory (DRAM and
NAND) devices. NF3 is primarily used for chamber cleaning of chemical
vapor deposition reactors.

Versum’s Senior Vice President of Materials, Ed Shober addressed the
attendees stating, “We enable the largest tech companies around the
world to stretch the boundaries of science and technology, whether it be
supporting computing power, mobility, connectivity, artificial
intelligence, virtual/augmented reality, the Internet of Things, Big
Data and machine learning. Versum Materials is at the core of enabling
all these technologies… Our Versum Materials team delivers valued
products and solutions that bring this cutting-edge innovation to the
market safer, faster, easier and more reliably than ever before.”

About Versum Materials

Versum Materials, Inc. (NYSE: VSM) is a leading electronic materials
company providing high-purity chemicals and gases, delivery systems,
services and materials expertise to meet the evolving needs of the
global semiconductor and display industries. Derived from the Latin word
for “toward,” the name “Versum” communicates the company’s deep
commitment to helping customers move toward the future by collaborating,
innovating and creating cutting-edge solutions.

A global leader in technology, quality, safety and reliability, Versum
Materials is one of the world’s leading suppliers of next-generation CMP
slurries, ultra-thin dielectric and metal film precursors, formulated
cleans and etching products, and delivery equipment that has
revolutionized the semiconductor industry. Versum Materials has annual
sales of approximately US $1.1 billion, 2,200 employees and 12 major
facilities in Asia and North America. It is headquartered in Tempe,
Arizona. Prior to its separation on Oct. 1, 2016, Versum Materials had
operated for more than three decades as a division of Air Products and
Chemicals, Inc. (NYSE: APD).

For additional information, please visit http://www.versummaterials.com.

This press release contains “forward-looking statements” within the
meaning of the safe harbor provisions of the U.S. Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934. These
forward-looking statements may be identified by references to future
periods, and include statements about our intentions to continue to
invest in our U.S. workforce and expand our capabilities to innovate the
semiconductor industry. These forward-looking statements are based on
management’s reasonable expectations and assumptions as of the date the
statements were made. Actual results and the outcomes of future events
may differ materially from those expressed or implied in the
forward-looking statements because of a number of risks and
uncertainties, including, without limitation, weakening of global or
regional general economic conditions and product supply versus demand
imbalances in the semiconductor industry could decrease the demand for
our products and services; operational, political and legal risks
of our international operations; hazards associated with specialty
chemical manufacturing could disrupt our operations or the operations of
our suppliers or customers; changes in government regulations in the
U.S. and in other countries where we operate; raw material shortages and
price increases; fluctuation of currency exchange rates; increased
competition; and other risk factors described in our filings with
the Securities and Exchange Commission, including in our Annual Report
on Form 10-K for the fiscal year ended Sept. 30, 2017, and in our
periodic filings. Versum Materials assumes no obligation to update any
forward-looking statements or information in this press release.

The Versum Materials logo and Versum are trademarks of Versum Materials,
Inc. or its affiliates.

Contacts

Versum Materials, Inc.
Investor Inquiries:
Robyn
Williams, 484-275-5907
[email protected]
or
Media
Inquiries:
Tiffany Zinn, 480-282-6475
[email protected]