Polyclad enters into agreement with LG Chem

Cookson Electronics Ltd. (Hong Kong) announced an exclusive sales agreement with LG Chem, Ltd., Seoul, Korea. Under terms of the agreement, LG Chem will gain the rights to distribute and sell Polyclad® laminate, prepreg and resin coated foil materials within the Republic of Korea.LG Chem will distribute and sell GETEK® and GETEK II low Dk/Df materials, Polyclad FR-226 and FR-370, Polyclad FR-370HR high reliability, CAF resistant laminates and prepregs, as well as ZBC 2000 products for embedded passive applications."LG Chem and Polyclad share a strong commitment in helping customers reduce their total cost of ownership," said Robert J. Haskins, Senior Vice President and Managing Director, Polyclad Laminates - Asia. "Through this alliance, both companies will enhance their ability to jointly deliver to customers a complete technology package to the local market that is focused on providing technology solutions, increasing yields and reducing costs." Rick J. Richesin, President, Polyclad Laminates stated, "This agreement further demonstrates our commitment to the continued growth and success of our Asia PWB business. We will continue to invest in those markets and develop strategic partnerships where it benefits our customers and further differentiates Cookson Electronics as a leading electronics materials supplier.""The new alliance with Polyclad is significant since it will enable LG Chem to move a step further in satisfying its customers’ needs as Korea’s top circuit materials producer. Moreover, this agreement lays the foundation for additional cooperation throughout our business with Polyclad as well as Cookson Electronics," said Soon-Yong Hong, the Executive Vice President of LG Chem and Chief of LG Chem’s I&EM business.Source: PCBnewsline