Air Liquide to invest over $72M for new plant in Singapore

Air Liquide has announced its investment of over 50 million Euros (SGD 72.5 million) to build a new plant in Singapore, as well as revamp existing facilities in Malta in order to supply high-purity nitrogen to GlobalFoundries.

The new plant is expected to be operational by 2026, and will leverage state-of-the-art designs to reduce the amount of electricity needed for operations.