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

Jun 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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