Resonac Holdings¡¯ chief executive officer is gearing up for another round of consolidation in Japan¡¯s fragmented chip materials sector, saying the chemicals maker may raise its hand to buy a stake in linchpin JSR.
Japan Investment¡¯s $6 billion buyout of JSR, the world¡¯s largest maker of photoresists, will catalyze much-needed change in the country¡¯s supply chain when the state-owned fund seeks an exit, Hidehito Takahashi said. Resonac is considering ways to play an active role in JSR¡¯s future, he said.
¡°I believe we are the most logical partner for JSR,¡± said the executive who orchestrated Showa Denko¡¯s purchase of the bigger Hitachi Chemical in 2020 that led to the formation of Resonac. ¡°It will be expensive, so we have to think about how we¡¯d do it, but we want to get involved.¡±
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