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RNS - Air Liquide signs a long-term gas supply agreement with VSMC to support Singapore’s semiconductor industry

Company: Air Liquide Date: 2025-06-02 Language: English Register to download

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## **Air Liquide signs a long-term gas supply agreement with VSMC to support Singapore's semiconductor industry**

**Air Liquide will build, own and operate, through a significant investment of around 70 million euros, a new industrial gas production facility in Singapore. In the framework of the long-term agreement, large volumes of ultra high purity nitrogen, oxygen, argon and other gases will be supplied to VisionPower Semiconductor Manufacturing Company (VSMC), the joint venture formed by Vanguard International Semiconductor Corporation and NXP Semiconductors N.V..**

As part of Air Liquide's comprehensive Carrier Gas solution, this state-of-the-art plant is designed to deliver ultra-high purity gases with an optimised footprint and best-in-class energy efficiency, providing exceptional value to VSMC by enhancing both reliability and efficiency.

Strategically located within the Tampines Wafer Fab Park, one of Singapore's four key wafer fabrication hubs, the new facility will bolster Singapore's position as a global semiconductor powerhouse. With the semiconductor industry accounting for more than 20% of the country's manufacturing output, this investment reflects Air Liquide's dedication to supporting Singapore's industrial and economic growth.

In response to the rapid changes in the semiconductor industry, Air Liquide is investing substantially in major semiconductor hubs to meet the increasing demand for energy-efficient chips. This new production plant is set to commence operations in 2026, further strengthening Air Liquide's presence and long-term commitment in the region.

**Ronnie Chalmers**, Air Liquide Group Vice President Supervising Asia Pacific, commented: *"We are proud to support VSMC with our technologically advanced, sustainable and efficient solutions. This agreement underscores our commitment to innovating and providing value to our customers, and reinforces our position as a technology leader in the Electronics industry, fully aligned with our strategic plan ADVANCE."*

## **CONTACTS**

**Corporate Communications** media@airliquide.com

**Investor Relations** IRTeam@airliquide.com

Air Liquide is a world leader in gases, technologies and services for industry and healthcare. Present in 60 countries with approximately 66,500 employees, the Group serves more than 4 million customers and patients. Oxygen, nitrogen and hydrogen are essential small molecules for life, matter and energy. They embody Air Liquide's scientific territory and have been at the core of the Group's activities since its creation in 1902.

Taking action today while preparing the future is at the heart of Air Liquide's strategy. With ADVANCE, its strategic plan, Air Liquide is targeting a global performance, combining financial and extra-financial dimensions. Positioned on new markets, the Group benefits from major assets such as its business model combining resilience and strength, its ability to innovate and its technological expertise. The Group develops solutions contributing to climate and the energy transition — particularly with hydrogen — and takes action to progress in areas of healthcare, electronics and high technologies.

Air Liquide's revenue amounted to more than 27 billion euros in 2024. Air Liquide is listed on the Euronext Paris stock exchange (compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX 50, FTSE4Good and DJSI Europe indexes.

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