Air Liquide has confirmed a €60 million ($67m) investment to support the growth of Wanhua Chemical Group’s Yantai operations in Shandong Province, China.
The investment will see the construction of a new air separation unit (ASU) to provide vital oxygen, nitrogen and argon to Wanhua’s expanding chemical production facility.
Expected to start operations in 2026, the new ASU will have a production capacity exceeding 2,000 tonnes per day.
In addition to supplying Wanhua, the unit will help meet growing demand for industrial gases in the surrounding region, particularly from industries like electronics and energy.