By Stephen Nakrosis

Air Liquide SA on Tuesday said it signed a long-term agreement to supply one of the world's largest semiconductor manufacturers at a facility in Arizona.

Air Liquide said that in support of the agreement, it will invest almost $60 million to build, own and operate onsite plants and systems at a new manufacturing site in Phoenix.

The company said the deal will see it supply ultra-high-purity hydrogen, helium and carbon dioxide to the semiconductor manufacturer.

Operations and supply are expected to start in the second half of this year, Air Liquide said.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

January 25, 2022 12:19 ET (17:19 GMT)

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