▲A view of the voice site integrated into Versum Materials Korea Co., Ltd. (formerly M Chemical Co., Ltd.)


Merger of Korea Merck subsidiary Versum Materials Korea Corporation
First step in corporate simplification project for business integration

Emchemical Co., Ltd., a subsidiary of Korea Merck (CEO Dr. Woo-Kyu Kim), will be integrated into Versum Materials Korea Co., Ltd., one of Korea Merck’s semiconductor business entities, as of April 1.

After its merger with Versum Materials in 2019, Merck Korea launched a system and corporate simplification project to efficiently integrate 10 corporate entities.

As the first project, Emchemical Co., Ltd. is expected to contribute to the government's plan to invest 622 trillion won in building a semiconductor cluster by 2047 by strengthening Merck's capabilities in Korea.

Kim Woo-kyu, CEO, said, “Korea is an important innovation and production hub for Merck, and we are an innovative and trustworthy partner that has contributed to coping with the electronics industry and data explosion for more than 30 years.” He added, “After announcing a plan to invest 600 million euros in Korea in 2021 to expand the semiconductor solution business, one of Merck’s ‘big three growth engines,’ the first step was the merger of M Chemical Co., Ltd. in 2023, and approximately 300 million euros have been executed to date.”

CEO Kim continued, “Merck Electronics is aHe emphasized, “We have introduced a complementary product line, including high-k materials from Chemical Co., Ltd., to our existing thin film business, and have provided more opportunities to our customers through localization. After this corporate integration, we will continue to strive to build win-win partnerships with our customers by expanding our supply chain and developing cutting-edge technologies.”