- Shin-Etsu's PVC business is well-leveraged to a recent surge in PVC pricing, and the new ethane cracker will make the business even more profitable.
- Customers built up their silicon semiconductor wafer inventories earlier this year, and that could create some near-term turbulence for this very profitable segment.
- Shin-Etsu has licensed technology that will allow it to use its existing 200mm wafer capacity to produce GaN wafers.
- Trading close to an all-time high, it's hard to argue that Shin-Etsu's qualities are being ignored, but the prospective return isn't bad for one of the best-run companies I follow.
For further details see:
Shin-Etsu Chemical Leveraging Its Excellence Through The Pandemic