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SOXAL re-affirms commitment to Singapore with $500m investment

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Singapore Oxygen Air Liquide Pte Ltd (SOXAL) has inaugurated its $500m Jurong Island infrastructure.

The wholly-owned Air Liquide subsidiary’s event was officiated by Lee Yi Shyan, Singapore’s Minister of State for Trade & Industry and National Development. In his official speech, Singapore’s Minister commended the investment.

He said, “SOXAL has played a very constructive role in the industry integration of Jurong Island. Many of the petrochemical plants now need not worry about costly auxiliary investments but tap on SOXAL’s network for industrial gases supply. In other words, because of SOXAL, many of its clients can focus on what they are supposed to do best in running their operations.”

The development constitutes part of SOXAL’s industrial gas network on Jurong Island. Furthermore, it represents a multi-source network system that offres customers increased reliability of supply and economies of scale.

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