PiBond

Leading producer of photoresist chemicals for semiconductor manufacturing applications

Deal Facts

PiBond is a technology leader in the area of lithography materials such as SiBARC, SOC and spin-on-dielectrics for EUV and advanced nodes in semiconductors manufacturing. It has developed a comprehensive product portfolio around its core technology capability on silicon-based inorganic chemistry
The company is based in Finland and serves a wide and high-profile customers base in the area of semiconductor manufacturing and optical applications

PiBond plays a leading role in a sector with high barriers to entry underscored by the requirement for extreme product quality, repeatability and customer specific formulations
PiBond operates in a global market worth over $3 billion annually with over 70% of demand coming from the APAC region with Greater China leading the growth of demand at 30%+ CAGR
Compared to other sectors within semiconductor industry, lithography materials are the least cyclical segment with growth driven by sustainable increasing demand of semiconductor products

AGIC assisted PiBond in securing land and constructing an application lab & formulation facility in close proximity with some of its top customers in one of the most sought-after economic development zones in China
AGIC has introduced PiBond to new customers through high-level meetings with their senior executives enabling an expedited product commercialization
AGIC is supporting the management to navigate regulatory and business requirements by leveraging our connections and access to local decision makers