Yomiuri: Japan's Stella Chemifa Forms Capital and Business Alliance With South Korea's Soulbrain

Dow Jones17:26

By Tatsuya Moritani

Yomiuri Shimbun Staff Writer

Stella Chemifa Corp., a Japanese chemical manufacturer, announced Tuesday that it has agreed to a capital and business alliance with Soulbrain Holdings Co., a South Korean semiconductor materials manufacturer. Both companies plan to mutually allocate approximately 2.1 billion yen worth of common stock each through a third-party allotment of new shares. The payment deadline is March 12.

Stella Chemifa is a leading manufacturer of high-purity fluorine compounds used in semiconductor manufacturing and electrolytes for lithium-ion batteries. It holds a high global market share in ultra-high-purity hydrofluoric acid, which is essential for semiconductor miniaturization processes such as cleaning and etching.

Through the alliance, the companies aim to "maximize the corporate value of both in the semiconductor market and in new business areas," and will also advance product development in new fields such as health care and display materials.

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This article is from The Yomiuri Shimbun. Neither Dow Jones Newswires, MarketWatch, Barron's nor The Wall Street Journal were involved in the creation of this content.

YDN-M0000182928-1

(END) Dow Jones Newswires

February 25, 2026 04:26 ET (09:26 GMT)

Copyright (c) 2026 The Yomiuri Shimbun

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