Matheson Tri-Gas Gains Global Distribution Rights of Pioneer Materials Target Product Lines for CIGS Photovoltaic Market
Matheson Tri-Gas Gains Global Distribution Rights of Pioneer Materials Target Product Lines for CIGS Photovoltaic Market
Basking Ridge, NJ - March 19, 2010 - Matheson Tri-Gas, Inc. and Pioneer Materials, Inc. today announced they have entered into a global exclusive distribution agreement for Pioneer Materials' products. Matheson Tri-Gas will distribute Pioneer Materials product lines which include target, powders and other forms of compounds including CIGS (copper indium gallium selenium), CIS (copper indium di-sulphide) and other related compounds used in the rapidly growing thin-film photovoltaic market.
Kevin Finn, Executive VP, Electronics and Solar, Matheson Tri-Gas, Inc. explains, "Combined with our Hydrogen Selenide offering produced at our New Johnsonville facility in TN, this partnership with Pioneer Materials will position Matheson Tri-Gas as the leading and comprehensive material supplier for the CIGS photovoltaic cell manufacturing process. We are very pleased to access the expertise of Pioneer Materials in specialty compound formation, its world class manufacturing operations in Chengdu, China, and its knowledgeable technical support capability of their team. Combined with our global sales and marketing capability and leading position in the electronics and solar industries, we can serve the customers in the growing CIGS market worldwide."
"This transaction with Matheson Tri-Gas enables Pioneer Materials, Inc. to scale up production levels to meet the growing demands of the thin-film photovoltaic industry. Pioneer Materials is well-positioned to be a global source of key compounds required for clean energy applications with access to critical raw materials, processing expertise, and now a distribution footprint", stated Leon Chiu, President, Pioneer Materials, Inc. "Matheson Tri-Gas combines worldwide sales, marketing and logistics expertise with its leadership in high-purity specialty gases, materials applications and R&D capabilities, and state-of-the-art purification, and analytical development for the electronics and solar sector to bring the products to market. Pioneer Materials, Inc. has developed expertise in the manufacturing of various compounds used for photovoltaics and thermo-electrics. Together, Matheson Tri-Gas and Pioneer Materials will meet the emerging worldwide demand for critical materials used in energy harvesting applications."
About Pioneer Materials
Founded in 2000, Pioneer Materials, Inc. is a US-based corporation with operations in United States, China, and Taiwan. Starting with materials in optical media, Pioneer Materials, Inc. continues to develop a wide portfolio of products for energy harvesting applications (photovoltaics and thermo-electrics).
About Matheson Tri-Gas
Matheson Tri-Gas, Inc. is a single source for industrial, medical, specialty and electronic gases, gas handling equipment, high performance purification systems, engineering and gas management services, and on-site gas generation with a mission to deliver innovative solutions for global customer requirements. Matheson Tri-Gas, Inc. is the largest subsidiary of the Taiyo Nippon Sanso Corporation Group, one of the top five suppliers of industrial, specialty, and electronics gases in the world.
