SOXAL Announces New Investment on Jurong Island  [ Return towards  SOXAL News  ]

Air Liquide, through SOXAL, its Singapore wholly-owned subsidiary, will invest around €35 million (S$60 million) to expand its industrial gas infrastructure on Jurong Island.

Air Liquide is stepping up its investment on Jurong Island, Singapore’s wholly integrated energy and chemicals hub.

Air Liquide,through SOXAL, its Singapore wholly-owned subsidiary, will invest around €35 million (S$60 million) to expand its industrial gas infrastructure on Jurong Island and supply oxygen and nitrogen under a long term supply agreementto CCD (Singapore), a joint venture between Taiwan’s Chang Chun and Dairen Chemical.

Both Chang Chun and Dairen Chemical are market leaders in their respective fields. The project of CCD (Singapore) is the first major operation by the Taiwanese petrochemical companies in the city-island. Air Liquide will supply three new plants of CCD (Singapore) producing Allyl Alcohol (AAL), Vinyl Acetate Monomer (VAM) and Cumene, which are used to produce a variety of products ranging from plastics, paints, adhesives to textiles.  

Mr Huang Fu-Chu, CEO, CCD (Singapore) said: “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 zonefor Air Liquide.”
Over the last 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.

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