Linde to Invest $1 Billion to Support Major U.S. Semiconductor Facility Expansion
Linde (Nasdaq: LIN) today announced that it has been awarded a new long-term agreement to supply ultra-high-purity industrial gases to one of the world’s largest semiconductor manufacturers.
The agreement will support the expansion of the customer’s semiconductor manufacturing complex in Phoenix, Arizona. Linde will invest $1 billion to expand its existing on-site industrial gases complex in Phoenix, making the site one of Linde’s largest investments for an electronics customer globally.
Under the agreement, Linde will build, own and operate two new SPECTRA® air separation units (ASUs) and associated infrastructure. The new units will complement the three existing ASUs at the site.
The expansion will increase Linde’s supply of ultra-high-purity nitrogen, oxygen and argon to support two new semiconductor fabrication facilities. The new plants will use Linde’s leading-edge SPECTRA® technology to deliver the purity, reliability and operating efficiency required for advanced semiconductor manufacturing.
