Air Liquide Announces New Investment to Reinforce Its Position in the Electronics Hub of Wuhan, China
28 June 2021 - 4:45PM
Business Wire
Regulatory News:
Air Liquide (Paris:AI) will invest around 70 million euros to
build a state-of-the-art gases plant in Wuhan, Central China, to
supply a major memory chipmaker. Air Liquide has been producing
ultra-pure industrial gases for this leading Chinese high-tech
company for more than 12 years.
Air Liquide will build, own and operate this ultra-high
purity industrial gas plant, which has been designed leveraging
the Group’s latest state-of-the-art technology. This facility will
produce 52,000 Nm3 of nitrogen per hour, as well as
oxygen and argon among other ultra-high purity gases, and is
planned to be operational in 2022.
Secured by a new long-term supply agreement with this major
memory chipmaker, this contract will more generally allow Air
Liquide to support the growth of the semiconductor sector in the
Wuhan basin. In recent years the city of Wuhan has been actively
supporting the development of a high-tech hub, particularly for the
NAND flash memory chips industry.
François Abrial, Member of the Air Liquide Group’s
Executive Committee supervising Asia Pacific, said: “Wuhan,
where Air Liquide has been present since 2007, is a key electronics
basin for the Group. We are pleased to strengthen our partnership
with our client, a flash memory leader we have been successfully
collaborating with for more than 12 years. This new production
facility will strengthen Air Liquide’s position in China and
support the growth momentum of the Group’s Electronics activities
in the country.”
Air Liquide China Air
Liquide in China operates nearly 120 plants and employs close to
5,000 employees. With a strong presence in the key coastal
industrial areas, Air Liquide is now expanding into the center,
south and west. Its main business activities include industrial and
medical gas operations, Engineering & Construction (designing,
manufacturing and installing air separation units/hydrogen
facilities), as well as Innovation activities.
Air Liquide Electronics
Generating €2,001 million in revenue in 2020, 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 4,300 employees worldwide are dedicated
to providing the working agility and reliability our customers
need.
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 78 countries with
approximately 64,500 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.
Air Liquide’s ambition is to be a leader in its industry,
deliver long term performance and contribute to sustainability -
with a strong commitment to climate change and energy transition at
the heart of its strategy. 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 more than 20 billion euros in
2020. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, EURO STOXX 50 and
FTSE4Good indexes.
www.airliquide.com Follow us on Twitter
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