(SUWON=NEWSIS)Air Liquide, the world leader in market share for industrial gases, has built a factory at the Jangan 1 Advanced Industrial Complex in Hwaseong, Gyeonggi Province. The French company invested KRW 13 billion in the factory.

Air Liquide held a completion ceremony for the center on May 20 that was attended by Nam Choong-hee, Vice Governor for Economic Affairs of Gyeonggi Province, French Ambassador to Seoul Jerome Pasquier and Mok Kwong Weng, Air Liquide Vice President for Asia & Pacific.

The completed 11,482㎡ factory has a gross floor area of 1,727㎡ and consists of offices, a factory for semiconductor materials and an outdoor warehouse.

Air Liquide plans to hire 35 people and produce micro-processed advanced materials for semiconductor evaporation.

“This is Air Liquide’s first time investing in Korea to produce electronic materials,” said a provincial official. “The factory in Hwaseong will serve as an Asian manufacturing base for advanced materials for semiconductors.”

Air Liquide was founded in Paris, France in 1902. Annual sales reach KRW 22 trillion.

The French company started operations in Korea in 1996. Today it has factories in Yeosu, Bucheon, Icheon, Cheonan and Dangjin, with annual sales reaching KRW 430 billion.

yeujin@newsis.com

Source Text

Source: Newsis (May 20, 2014)

** This article was translated from the Korean.