SOXAL, Air Liquide’s Singapore subsidiary has declared that it will invest €35 million (S$60 million) in the expansion of its industrial gas infrastructure on Jurong Island, Singapore.
Within the investment, SOXAL will provide a long term supply of oxygen and nitrogen to CCD, a joint venture between Taiwan’s Chang Chun and Dairen Chemical.
The new Air Separation Unit will be connected to Air Liquide pipeline network and will increase oxygen production capacity at the existing facility by 20%. It will also produce argon for industrial merchant customers and shall be designed, developed and built by Air Liquide Engineering & Construction teams.
Huang Fu-Chu, CEO of CCD explained the importance of the region: “Singapore’s Jurong Island is among the world’s top 10 petrochemical hubs. We are delighted to tap into SOXAL’s well-established production units and network which will ensure increased reliability of supply.”
Jean-Marc de Royere, Senior Vice-President Asia Pacific and a member of the Air Liquide Executive Committee, said: “Air Liquide is pleased to support and grow with Chang Chun and Dairen Chemical as they increase their manufacturing footprint outside Taiwan. This newest investment underscores our commitment to Singapore’s chemicals and energy sector, to deliver an efficient and reliable gas supply with leading-edge technologies. Asia remains a promising zone for Air Liquide.”
In recent years, Air Liquide has invested around €280 million (around S$500 million) in Jurong Island, Singapore. The company was amongst the first companies to set foot on Jurong Island and today’s infrastructure includes the largest hydrogen production plant in Southeast Asia as well as 120 kilometres pipeline network.