Air Liquide Secures Long-Term Gas Supply Deal with VSMC to Boost Singapore's Semiconductor Industry

Reuters

06-02

Air Liquide Secures Long-Term Gas Supply Deal with VSMC to Boost Singapore's Semiconductor Industry

Air Liquide SA has announced a long-term gas supply agreement with VisionPower Semiconductor Manufacturing Company (VSMC) to bolster Singapore's semiconductor industry. The company will invest approximately 70 million euros in the construction, ownership, and operation of a new industrial gas production facility in Singapore. This state-of-the-art plant will supply large volumes of ultra-high purity nitrogen, oxygen, argon, and other gases to VSMC, a joint venture between Vanguard International Semiconductor Corporation and NXP Semiconductors N.V. The production facility, designed for optimized footprint and energy efficiency, is scheduled to begin operations in 2026, enhancing Air Liquide's presence and commitment in the region. Ronnie Chalmers, Air Liquide Group Vice President Supervising Asia Pacific, emphasized the company's dedication to providing technologically advanced, sustainable solutions and reinforcing its leadership in the electronics industry.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Air Liquide SA published the original content used to generate this news brief on June 02, 2025, and is solely responsible for the information contained therein.

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Air Liquide SA published the original content used to generate this news brief on June 02, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2272731782.SGD","symbol_name":"Allianz Global Intelligent Cities AM Dis H2-SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250602:nNDL6B0Zlk:1","article_id":"2540949387","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540949387","pubTimestamp":1748879251,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Air Liquide SA has announced a long-term gas supply agreement with VisionPower Semiconductor Manufacturing Company  to bolster Singapore's semiconductor industry. 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