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AIR LIQUIDE

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Air Liquide to Supply Semiconductor Manufacturing Site in Arizona

01/25/2022 | 12:19pm EDT

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.


Write to Stephen Nakrosis at stephen.nakrosis@wsj.com


(END) Dow Jones Newswires

01-25-22 1219ET

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Sales 2022 27 508 M 29 019 M 29 019 M
Net income 2022 3 040 M 3 207 M 3 207 M
Net Debt 2022 10 750 M 11 341 M 11 341 M
P/E ratio 2022 25,1x
Yield 2022 1,95%
Capitalization 75 540 M 79 692 M 79 692 M
EV / Sales 2022 3,14x
EV / Sales 2023 3,06x
Nbr of Employees 66 400
Free-Float 97,0%
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Mean consensus OUTPERFORM
Number of Analysts 28
Last Close Price 160,12 €
Average target price 177,67 €
Spread / Average Target 11,0%
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Benoît Potier Director-Strategy & Organization
Jerome Jenamarie Pelletan Chief Financial Officer-Taiwan
Jean-Paul Agon Lead Independent Director
Siân Herbert-Jones Independent Director
Sin Leng Low Independent Director
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