#South Korea #Air Products #Semiconductor #Samsung #Pyeongtaek

Air Products to Expand Industrial Gas Supply for Samsung Electronics

Air Products, a globally recognized leader in the industrial gases sector, recently announced that it has been chosen by Samsung Electronics to provide essential gases for a new state-of-the-art semiconductor fabrication facility. This significant project will be located in Pyeongtaek, Gyeonggi Province, South Korea, aiming to support Samsung's next-generation semiconductor development.

Investment Highlights

The agreement marks Air Products' largest investment in the semiconductor industry to date. Under this partnership, Air Products plans to construct and operate multiple advanced production facilities, ensuring supply for critical gases such as nitrogen, oxygen, argon, and hydrogen. These facilities are projected to gradually begin operations between 2028 and 2030, marking several phases of a carefully planned expansion to meet Samsung's increasing manufacturing requirements.

The company is no stranger to the Pyeongtaek area, having a long-standing relationship with Samsung. In fact, this expansion is consistent with Air Products' history of executing multiple phase expansions in support of Samsung's growing production capabilities. As part of this project, Pyeongtaek will evolve into Air Products' largest operational site globally, emphasizing its commitment to the electronics sector.

Quotes and Perspectives

“Air Products is honored to be selected once again by Samsung and to have their continued confidence as a trusted partner supporting their strategic growth plans,” stated SR Kim, President of Air Products Korea. This comment underscores the collaborative spirit of the partnership, highlighting the shared vision for advancing technology in the semiconductor arena.

Moreover, Kim emphasized the significance of this investment, which not only reaffirms Air Products' leadership as a global supplier for the semiconductor sector but also its unwavering commitment to safety, reliability, and efficiency in service delivery.

Company Background

Air Products has been a pivotal player in the global electronics industry for over 40 years, supplying industrial gases to many leading technology companies. Its operations in Korea date back more than 50 years, establishing a solid foothold in various sectors, particularly electronics and manufacturing.

In addition to its substantial investments in infrastructure, Air Products has a broad portfolio that includes the supply of specialized gases and related equipment essential for various industrial applications. The company is renowned not only for its gas supply but also for its contributions toward developing cleaner hydrogen projects, supporting the transition to low and zero-carbon energy solutions across multiple sectors.

Financial Overview

With an impressive fiscal revenue of $12 billion in 2025, Air Products maintains operations in around 50 countries. This broad global footprint allows the company to leverage economies of scale, optimally serving diverse industry needs, especially in areas that demand high-quality, reliable gas supplies.

Moving forward, the strategic collaboration with Samsung Electronics at the Pyeongtaek facility signals a new chapter in Air Products' journey, as it takes on a more prominent role in an ever-evolving global semiconductor landscape. The industry's growth trajectory poses both challenges and opportunities for companies like Air Products, which are adept at navigating the complexities of high-tech manufacturing.

In summary, as technology continues to advance and the demand for semiconductors surges, Air Products is poised to play a crucial role in meeting this demand, reaffirming its stature as a key partner to Samsung Electronics and its commitment to innovation in the industrial gas sector.