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Air Water Buys 35% Stake in Taiwan Specialty Gas Supplier Hong-Kuang

Air Water Inc. logoAir Water Inc.
Sig2.75Sen+3.90Env-0.90Soc+0.10Gov+0.20

Air Water is expanding its Taiwan semiconductor gas presence through a partnership with GPPC, taking a 35% stake each in specialty producer Hong-Kuang Hi-Tech. Hong-Kuang supplies high-purity electronic gases and chemicals used by wafer makers, including fluorocarbons and nitrous oxide. GPPC also buys 23.4% in hazardous-chemical logistics firm i-TRANS Express as Linde LienHwa is selected to supply industrial gases for new advanced packaging sites.

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