Air Liquide Korea completes the acquisition of carbon monoxide and hydrogen supplier, H-Plus SGS, Ltd.
The source is based in Yeosu and offers a total capacity of 60,000m³ per hour of hydrogen and carbon monoxide.
Jean-Marc de Royere, Senior Vice President of Asia Pacific and a member of the Executive Committee of the Air Liquide Group, commented, “Enlarging its business from its first contracts fifteen years ago in Yeosu, Air Liquide has developed its offering in the Korean market to meet the gas needs of its customers.”
Air Liquide Korea currently operates two units in Yeosu which provide hydrogen and carbon monoxide to the petrochemical industry. The company hopes that the new unit will enable Air Liquide to meet the demands in the region.
Royere added, “With this new unit, our Korean operation will immediately grow more than 30% and we are significantly increasing our commitment to Korea. South Korea is the third biggest market for industrial and medical gases in Asia and presents many opportunities to Air Liquide, as the country hosts some of the world’s largest industrial groups, and displays a well-developed medical system.”