- In March 2023, Daikin Industries revealed plans to build a new fluorine production facility in Japan, which is scheduled to commence operations in 2025 to cater to the surging demand for fluorine in the electronics sector. This initiative is expected to strengthen Daikin’s leadership in the specialty gas market and support the global semiconductor supply chain
- In June 2022, SK Materials Co., a prominent NF3 manufacturer from South Korea, and Japan's Showa Denko K.K. announced a strategic partnership to explore business opportunities in the U.S. semiconductor materials market, with plans to establish a high-purity gas production facility in the U.S. This development is aimed at addressing the rising demand for NF3 in North America and boosting both companies' regional market share
- In January 2022, Honeywell confirmed the successful acquisition of Solvay's Fluorine Products division, aimed at broadening Honeywell's advanced materials and specialty chemical portfolio. This acquisition strengthens Honeywell's capabilities to meet the evolving needs of global industries, particularly in electronics and energy sectors
- In December 2021, Solvay announced the acquisition of Henkel's fluorine-based products business, which encompasses refrigerants, solvents, and other specialty fluorine products. This acquisition enables Solvay to expand its fluorine solutions portfolio and reinforces its position in the specialty chemicals market
- In February 2021, data from the Korea International Trade Association reported that Hyosung Chemical, recognized as the world’s second-largest NF3 producer with an annual capacity of 4,550 tons, significantly increased its exports to the global chip and display industries. The company shipped approximately 4,000 tons of NF3 in 2020, marking a substantial rise from 3,000 tons in 2019, strengthening Hyosung’s footprint in high-growth electronics markets
