Air Liquide's Taiwan Joint Venture to Invest EUR500 Million in Plants for Chip Sector
19 October 2022 - 06:33PM
Dow Jones News
By Ed Frankl
Air Liquide SA said Wednesday that its Taiwanese joint venture
with Far Eastern New Century Corp. will invest around half a
billion euros, equivalent to around $493 million, in three new
plants for the semiconductor sector.
The French industrial company said it will construct three new
plants to supply two of the world's largest semiconductor
manufacturers with large volumes of high-purity industrial gases,
including ultra-pure nitrogen, oxygen and argon.
The first plant is expected to be operational in 2024, the
company said.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
October 19, 2022 03:18 ET (07:18 GMT)
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