Air Liquide Signed Major Contract to Support the Semiconductor Industry in the U.S. With an Investment of More Than 250 Million Dollars
05 Juni 2024 - 8:17AM
Business Wire
Regulatory News:
Air Liquide (Paris:AI) will build a new
industrial gas production facility in the United States to
supply the new fab of one of the world’s leading semiconductor
manufacturers. In the framework of a long-term contract, the plant
will provide large volumes of high purity industrial gases for the
production of memory chips. Air Liquide will invest over 250
million dollars in this state-of-the art production unit.
Air Liquide will build, own and operate a new industrial gas
production facility in Idaho which will produce large volumes of
ultra-pure nitrogen and other gases for Micron Technology, Inc.
(Nasdaq: MU), as well as for other customers of the area. This
investment will bring hundreds of direct and indirect jobs to Idaho
during construction and operation, and the facility is expected to
be operational by the end of 2025.
This innovative plant is part of a complete Carrier Gas solution
designed by Air Liquide for large customers, with an optimized land
footprint and total cost of ownership. The use of digital
technologies, standardization and modularization will bring
exceptional value to local customers in terms of reliability, short
delivery time and efficient project execution.
This project is a concrete example of how Air Liquide is
contributing to technological progress while optimizing the
semiconductor sector’s environmental footprint. The advanced design
of this next generation high efficiency Carrier Gas Facility,
produces the full range of critical gases required on site with
reduced energy and logistics requirements. The new production unit
is 5% more power efficient than the previous generation plants.
Producing most of the gases onsite will also avoid transporting
them by trucks. In addition, the electricity for the facility is
targeted to be 100% from renewable sources within the next five
years.
Matthieu Giard, Chief Executive Officer of Americas for
the Air Liquide Group, said: “We are pleased to further
strengthen our 30 year-long partnership with Micron Technology. Our
partner’s trust in Air Liquide reinforces our position in the
Electronics industry as a technology leader with strong innovation
capabilities. This investment will support the production of
leading-edge memory chips, notably to meet the growing demand for
computing capacities required by Artificial Intelligence. This
contract illustrates our strategy to further accompany our
customers in their development, including in the U.S. The
Electronics activity is a strong driver of our 2025 strategic plan
ADVANCE, which closely links financial and extra-financial
performances.”
Scott Gatzemeier, Corporate Vice President of front-end
U.S. expansion at Micron Technology, said: “Micron’s
investments will propel U.S. supply chain resilience given memory
is produced at a much larger size and scale than other segments of
the semiconductor industry. As the company builds its fab in Idaho,
Micron will be driving even more demand for equipment, raw
materials and jobs – growing domestic front-end material sourcing
7x over the next 10 years. This is an example of how Micron will
continue to attract and build a semiconductor ecosystem across the
U.S. through its planned Idaho and New York investments and the
support of suppliers in nearly all 50 states.”
Air Liquide Electronics
Generating €2,483 million in revenue in 2023 the Electronics
business line of Air Liquide is a world reference in designing,
manufacturing and supplying ultra high purity gases and advanced
materials for this industry. The Electronics business line of Air
Liquide is a long-term partner providing innovative and sustainable
solutions to the semiconductors, photovoltaics and flat-panel
displays markets. More than 4,500 employees worldwide are dedicated
to providing the working agility and reliability our customers
need. www.electronics-airliquide.com
Air Liquide is a world leader in gases, technologies and
services for industry and healthcare. Present in 72 countries with
67,800 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 for
2025, 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,
digital and high technologies.
Air Liquide’s revenue amounted to more than 27.5 billion euros
in 2023. 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.
www.airliquide.com Follow us Twitter
@airliquidegroup
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