Air Liquide to invest 500 million euros in three new plants for the semiconductor sector in Taiwan
October 19 2022 - 2:45AM
Business Wire
Regulatory News:
Air Liquide (Paris:AI) announces the
construction of three plants in Taiwan to supply, in the framework
of long-term contracts, two of the world’s largest semiconductor
manufacturers with large volumes of ultra high purity industrial
gases for their leading edge fabs. Air Liquide Far Eastern, a joint
venture between Air Liquide and Far Eastern Group, will invest a
total of approximately 500 million euros in these state-of-the-art
production units. Contributing to the development of electronics, a
key sector for the future, these investments are in line with
ADVANCE, the Group's strategic plan.
Located in the proximity of the customers’ manufacturing sites,
these plants, leveraging the Group’s most advanced technologies,
will produce a total of up to 2 billion Nm3 per year of ultra pure
nitrogen, as well as oxygen and argon. The first plant is expected
to be operational in 2024.
With these investments, Air Liquide strengthens its presence in
the area and reinforces its partnership with two long term leading
players in the Electronics industry. Air Liquide Far Eastern has
already invested over 400 million euros in Taiwan between 2019 and
2021, to provide ultra pure gases to its electronics customers.
François Abrial, Member of the Air Liquide Group’s
Executive Committee supervising Asia Pacific, said: “We are
pleased to further strengthen our collaboration with these
semiconductor leaders, with whom we have been partners for more
than 30 years. These contracts demonstrate Air Liquide’s customers’
trust in our capacity to provide innovative, reliable ultra-high
purity industrial gas production solutions. Buoyed by the digital
revolution, Electronics is among the most dynamic growth drivers
which will contribute to Air Liquide’s strategic plan
ADVANCE.”
Air Liquide Far Eastern
Founded in 1987, Air Liquide Far Eastern (ALFE) is a joint-venture
between worldwide gas leader Air Liquide Group and Far Eastern New
Century Group. Leveraging on the advanced technology developed by
Air Liquide, ALFE supplies high quality gases and total solutions
for the needs of Electronics & Large Industries markets,
Industrial Merchant customers and healthcare patients. Today, it
employs more than 700 employees and has 20+ offices/plants presence
in Taipei, Hsinchu, Taichung, Tainan, Kaohsiung and major
Industrial Science Parks.
Air Liquide Electronics
Generating €2,096 million in revenue in 2021, the Electronics
business line of Air Liquide is a world reference in designing,
manufacturing and supplying ultra high purity gases and advanced
materials for this industry. The Electronics business line of Air
Liquide is a long-term partner providing innovative and sustainable
solutions to the semiconductors, photovoltaics and flat-panel
displays markets. Close to 4,500 employees worldwide are dedicated
to providing the working agility and reliability our customers
need. www.electronics-airliquide.com
About Air Liquide Group
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 75 countries with
approximately 66,400 employees and serves more than 3.8 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide’s scientific territory and have been at the core of the
company’s activities since its creation in 1902.
Taking action today while preparing the future is at the heart
of Air Liquide’s strategy. With ADVANCE, its strategic plan for
2025, Air Liquide is targeting a global performance, combining
financial and extra-financial dimensions. Positioned on new
markets, the Group benefits from major assets such as its business
model combining resilience and strength, its ability to innovate
and its technological expertise. The Group develops solutions
contributing to climate and the energy transition—particularly with
hydrogen—and takes action to progress in areas of healthcare,
digital and high technologies.
Air Liquide’s revenue amounted to more than 23 billion euros in
2021. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX
50 and FTSE4Good indexes.
www.airliquide.com Follow us on Twitter
@airliquidegroup
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221018005850/en/
Corporate Communications media@airliquide.com
Investor Relations IRTeam@airliquide.com
C3 AI (NYSE:AI)
Historical Stock Chart
From Jun 2024 to Jul 2024
C3 AI (NYSE:AI)
Historical Stock Chart
From Jul 2023 to Jul 2024