Air Liquide Announces a Major Investment in Taiwan to Enter Two of the World's Most Advanced Semiconductor Basins
April 21 2020 - 3:15AM
Dow Jones News
Regulatory News:
Air Liquide (Paris:AI) will invest close to 200 million euros to
build production capacities in the Science Parks of Tainan and
Hsinchu, respectively located in the South and the North of Taiwan.
Under a long-term commitment with a semiconductor market leader,
this investment in new production capacity will allow the Group to
supply three high volume semiconductor fabrication plants under
construction in Tainan Science Park, as well as some of the world's
most advanced R&D fabs for logic IC chips in Hsinchu Science
Park.
Air Liquide, through its majority owned joint-venture Air
Liquide Far Eastern, will build, own and operate ultra-high purity
hydrogen and oxygen plants in each basin for a total of 5,000 Nm(3)
of hydrogen per hour and two large scale plants in Hsinchu to
produce high-purity nitrogen and argon, for an additional capacity
of 120,000 Nm(3) of high purity nitrogen per hour. It will also
supply large volumes of Helium to these fabs. The first plants are
expected to start during the second quarter of 2021 to support the
customer's multi-billion-dollar wafer fabs expansion.
This breakthrough was in large part driven by Air Liquide's
demonstrated record in providing reliable and power-efficient
nitrogen and argon production technology and services to its
customers, as well as by its capacity to provide low carbon and
high-purity hydrogen and oxygen differentiated solutions. Hydrogen
will be partially produced from renewable energy sources, which
will avoid the emission of an estimated 20,000 tons of carbon
dioxide (CO(2) ) per year.
François Abrial, Member of the Air Liquide Group's Executive
Committee supervising Asia Pacific, said: "Reinforcing our current
position as a key supplier of high purity nitrogen in the Taichung
Science Park in Central Taiwan, Air Liquide is pleased to have been
selected as the supplier of high purity gases in both the Tainan
and Hsinchu Science Parks. This further recognizes how Air
Liquide's demonstrated expertise, innovation and commitment have
enabled us to be a partner of the semiconductor industry for more
than 30 years in Taiwan and across Asia. In the context of the
pandemic, we are proud to support this industry which enables
better and faster people connectivity through enhanced IT
infrastructure and 5G deployment."
Air Liquide Electronics
Generating EUR1.964 million in revenue in 2019, 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. More than 3,850 specialists worldwide are
dedicated to providing the agility and reliability our customers
need. www.electronics-airliquide.com
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 80 countries with
approximately 67,000 employees and serves more than 3.7 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.
Air Liquide's ambition is to be a leader in its industry,
deliver long term performance and contribute to sustainability. The
company's customer-centric transformation strategy aims at
profitable, regular and responsible growth over the long term. It
relies on operational excellence, selective investments, open
innovation and a network organization implemented by the Group
worldwide. Through the commitment and inventiveness of its people,
Air Liquide leverages energy and environment transition, changes in
healthcare and digitization, and delivers greater value to all its
stakeholders.
Air Liquide's revenue amounted to 22 billion euros in 2019 and
its solutions that protect life and the environment represented
more than 40% of sales. Air Liquide is listed on the Euronext Paris
stock exchange (compartment A) and belongs to the CAC 40, EURO
STOXX 50 and FTSE4Good indexes
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200420005961/en/
CONTACT: Corporate Communications
media@airliquide.com
Investor Relations
IRTeam@airliquide.com
SOURCE: Air Liquide
Copyright Business Wire 2020
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April 21, 2020 03:00 ET (07:00 GMT)
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