(EnergyAsia, December 12 2011, Monday) — French industrial gas giant Air Liquide said its wholly-owned subsidiary, Soxal, is investing 35-million euro in a new air-separation plant on Singapore’s Jurong Island.
The plant, which takes Air Liquide’s recent investment in Singapore to a total of 280-million euro, will produce argon for trade as well as supply oxygen and nitrogen to CCD (Singapore), a joint venture between Taiwanese chemical companies Chang Chun and Dairen Chemical. The gases will be used by three of CCD’s plants to produce allyl alcohol, vinyl acetate monomer and cumene for the manufacture of various products including plastics, paints, adhesives to textiles.
When completed by Air Liquide Engineering & Construction in 2013, the plant will increase Soxal’s oxygen production capacity by 20%.
Huang Fu-Chu, CEO of 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, Air Liquide’s senior vice-president for the Asia Pacific and a member of its 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 zone for Air Liquide.”