By Stephen Nakrosis
Air Liquide SA on Tuesday said it signed a long-term agreement to supply one of the world's largest semiconductor manufacturers at a facility in Arizona.
Air Liquide said that in support of the agreement, it will invest almost $60 million to build, own and operate onsite plants and systems at a new manufacturing site in Phoenix.
The company said the deal will see it supply ultra-high-purity hydrogen, helium and carbon dioxide to the semiconductor manufacturer.
Operations and supply are expected to start in the second half of this year, Air Liquide said.
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(END) Dow Jones Newswires