Overseas market brand of China-based Yingde Gases, NovaAir Industrial Gases, will construct a new merchant air separation unit (ASU) at the UMW High-Value Industrial Park in Central Malaysia to produce liquid nitrogen, oxygen and argon.
The new development is part of the company’s expansion following an investment in the Indian market in 2019 and the Southeast Asian market after it acquired a Singaporean gas company, Smart Gas in 2022.
To be constructed by a team comprising members from both Yingde Gases and NovaAir, the plant will bring more industrial gas supply options to the Malaysian manufacturing industries, including for nascent sectors such as photovoltaic production technology.
The $20m plant is planned to be located near to the major industrial estates and manufacturing hubs in central Malaysia and Port Klang.
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