28 August 2012

MATHESON acquires majority stake in RASIRC

MATHESON of Basking Ridge, NJ, USA has acquired a majority share of steam purification company RASIRC Inc of San Diego, CA, USA.

RASIRC develops products that purify and deliver ultra-pure liquids and gases (with an initial focus on water vapour) for the semiconductor, pharmaceutical, medical, biological, fuel cell, and power industries. Products include steam purification equipment, high-temperature humidifiers, and vaporizers. Patented seal and product designs enable fluid delivery and control of temperature, flow rate, and purity. The technology is claimed to reduce cost, improve quality, and improve safety.

As the largest subsidiary of Japan’s Taiyo Nippon Sanso Corporation Group (the world’s fifth largest supplier of industrial, specialty, and electronics gases), MATHESON is a single source for industrial, medical, specialty and electronic gases, gas handling equipment, purification systems, engineering and gas management services, and on-site gas generation.

The agreement provides RASIRC with access to MATHESON’S global reach, logistical expertise, and customer support network, while providing MATHESON with additional research and product development capabilities and new products and chemicals for the semiconductor, solar and related microelectronics industries.

RASIRC will continue to operate as an independent corporation under the leadership of current president Jeffrey Spiegelman, with all offices, employees, suppliers, and sales channels remaining unchanged.

“This acquisition is consistent with our electronics and solar strategies to enhance our purification technology and product line,” says MATHESON’s chairman & CEO William J. Kroll. “RASIRC’s membrane technology and purification techniques offer significant synergy, both to our purification products business and to our high-purity material business, as liquid chemicals become increasingly critical components in the advanced technologies employed in the semiconductor industry,” he adds.

“RASIRC will continue to develop new and innovative products focused on in-situ chemical generation of ultra-high-purity (UHP) vapors from liquid chemical sources,” says the firm’s founder & president Jeffrey Spiegelman. “Having global infrastructure, logistics and R&D, the MATHESON brand presence will assure customers that we have the size and stability to support them through a complete product adoption cycle - from bench-top testing, to pilot line, and high volume.”

Tags: MATHESON RASIRC

Visit: www.mathesontrigas.com

Visit: www.rasirc.com