Air Liquide announces new investment to reinforce its position in the electronics hub of Wuhan, China
Air Liquide 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."