Air Liquide to Invest 200 Million Euros in New Nitrogen Production Unit in South Korea to Support SK Hynix's Cheongju Facility

MT Newswires Live

06/03

French industrial gases company Air Liquide plans to invest nearly 200 million euros in a new nitrogen production unit in South Korea to support SK Hynix's (KRX:000660) new packaging and testing fab "P&T7", situated in Cheongju, Air Liquide said in a Wednesday release.

The Cheongju facility is an industrial project dedicated to the advanced packaging of high-bandwidth memory (HBM).

Air Liquide's new facility will supply high-purity gases and high-purity compressed air to the fab and is expected to commence operations in late 2027, the report said.

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