Air Liquide will invest $50 million in high-purity specialty gases in Cheonan, South Chungcheong Province.

South Chungcheong Province, Cheonan City, and Air Liquide signed an investment memorandum of understanding on the 25th at the Air Liquide Innovation Center in Paris, France.

According to the MOU, Air Liquide Maritime, a subsidiary of Air Liquide, plans to build a high-purity specialty gas production plant on a 30,000-square-meter site in the foreign investment zone of Cheonan 5 Industrial Complex, and Air Liquide Solutions Korea plans to expand and build a semiconductor specialty gas and material manufacturing plant and storage facility on a 50,000-square-meter site within the planned expansion site of the Cheonan 5 Industrial Complex foreign investment zone.

To this end, Air Liquide plans to invest a total of $50 million.