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Global Finance News 29 Apr 2026, 19:48
Air Products to Supply Industrial Gases for Samsung's New Semiconductor Fab in South Korea

Air Products has been selected by Samsung Electronics to supply industrial gases for a new advanced semiconductor fabrication facility in Pyeongtaek, South Korea. Under the agreement, Air Products will build, own, and operate multiple production facilities to supply nitrogen, oxygen, argon, and hydrogen, with operations expected to come online in phases between 2028 and 2030. The project marks Air Products' largest-ever investment in the semiconductor industry and will make Pyeongtaek its single largest electronics-focused operations site worldwide. The company has supplied Samsung globally for decades and has maintained a presence in South Korea for over 50 years.

Source: Air Products and Chemicals, Inc. Press Release, April 29, 2026

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