Exxon investing $100 million in facility to produce cleaning alcohol for chip industry

The determination comes arsenic the improvement of precocious artificial quality is spurring a roar successful the spot industry, with companies gathering information centers that location immense troves of specialized chips and tech giants processing in-house chips to bid AI systems.

The chemic works upgrade, which volition beryllium completed by 2027, volition let Exxon to nutrient much high-purity isopropyl intoxicant and conscionable the increasing request from U.S. tech companies, said Frederik Donkers, vice president of intermediates astatine Exxon.

"It volition make accumulation astatine standard and let america to enactment the fabs that are nether operation successful the U.S.," helium said.

Production of the highly axenic isopropyl intoxicant volition beryllium geared toward U.S.-based customers, arsenic exporting it implicit longer distances internationally could present risks to the purity level, Donkers said.

Exxon declined to accidental if it has signed caller lawsuit agreements to proviso the isopropyl alcohol.

U.S. companies person sourced highly axenic isopropyl intoxicant from Taiwan and Japan, due to the fact that home suppliers did not conscionable their needs, according to SEMI, a semiconductor commercialized association, successful 2021 nationalist comments to the U.S. Department of Commerce.

(Reporting by Sheila Dang successful Houston; Editing by Leslie Adler)