MELBOURNE, Australia, Oct. 8, 2026 /PRNewswire/ -- Air Liquide announces a new investment to build and operate a new Air Separation Unit (ASU) and its related infrastructure at its existing Fairfield Facility located in Yennora, New South Wales - Australia. This will enhance local supply chain reliability for industrial and medical gases across Australia.
The new ASU will produce nitrogen and oxygen, critical gases to support the daily operations and long-term growth of key Australian sectors, including food and beverage processing, healthcare and medical facilities, mining and advanced manufacturing.
The ASU is expected to start-up in 2028.
Tim Kehoe, Managing Director of Air Liquide Pacific said: "Expanding our air gas capacity demonstrates Air Liquide's long-term commitment to fueling the growth of Australian industries with essential gases they depend on every day. With the new ASU in New South Wales, we are reinforcing our commitment to serving our customers and enhancing our supply chain resilience."
Air Liquide Australia
Air Liquide Australia started its operations in 1957 and currently employs 400+ employees across Pacific. In Australia, Air Liquide operates air separation plants, CO₂ plants and gas filling facilities. Air Liquide provides innovative and customer-focused solutions and services and supports the Australian economy through a unique blend of advanced equipment, processes & systems, supported by a highly engaged and competent workforce.
| Air Liquide is a leader in gases, technologies, and services for numerous economic sectors. As an invisible yet essential cornerstone of industry and healthcare for more than a century, the Group's molecules pave the way for progress by delivering useful and innovative solutions to customers, patients, and society. |
| Present in 59 countries with approximately 65,000 employees, the Group serves 4.3 million customers and patients. With revenues close to 27 billion euros in 2025 and solid foundations, Air Liquide combines performance with lasting value creation for all its stakeholders. With "Beyond", its strategic plan through 2030, the Group has set an ambitious roadmap to accelerate its profitable growth trajectory and continue inventing the future. |
| Air Liquide is listed on the Euronext Paris stock exchange (compartment A) and is a member of the CAC 40, CAC 40 ESG, EURO STOXX 50, FTSE4Good, and Dow Jones Best-in-Class Europe indexes. |
Air Liquide is a leader in gases, technologies, and services for numerous economic sectors. As an invisible yet essential cornerstone of industry and healthcare for more than a century, the Group's molecules pave the way for progress by delivering useful and innovative solutions to customers, patients, and society.
Present in 59 countries with approximately 65,000 employees, the Group serves 4.3 million customers and patients. With revenues close to 27 billion euros in 2025 and solid foundations, Air Liquide combines performance with lasting value creation for all its stakeholders. With "Beyond", its strategic plan through 2030, the Group has set an ambitious roadmap to accelerate its profitable growth trajectory and continue inventing the future.
Air Liquide is listed on the Euronext Paris stock exchange (compartment A) and is a member of the CAC 40, CAC 40 ESG, EURO STOXX 50, FTSE4Good, and Dow Jones Best-in-Class Europe indexes.
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Air Liquide to build new Air Separation Unit at its Fairfield facility in New South Wales
Project improves energy efficiency and supports industrial growth in Malaysia
KUALA LUMPUR, Malaysia, Oct. 8, 2026 /PRNewswire/ -- Air Products (NYSE: APD), a world-leading industrial gases company that has served Malaysia for more than 50 years, today announced it has concluded the definitive agreement with PG Cold Energy 1 Sdn. Bhd. (PGCE1), a joint venture led by PETRONAS Gas Berhad via PG Energia Sdn. Bhd. and DIALOG Group Berhad via DIALOG Equity (Three) Sdn. Bhd. Under the arrangement, Air Products is responsible for the design, build and operation of the LNG-based Air Separation Unit (ASU) at the Pengerang LNG regasification terminal in Johor. The facility will produce more than 600 tonnes of liquid oxygen, nitrogen and argon per day and is expected to come onstream by early 2027.
This project reinforces Air Products' long-term commitment to Malaysia, expands its production capabilities in Southern and Central Malaysia, and marks its fifth LNG-based ASU in Asia.
A document exchange ceremony was held at the PETRONAS Twin Towers to mark this milestone. The ceremony was attended by senior executives, including PETRONAS Gas Berhad's Managing Director/Chief Executive Officer Abdul Aziz Othman, DIALOG Executive Deputy Chairman Chan Yew Kai and Air Products' Asia President, Kurt Lefevere, underscoring the strategic importance of the project and the strength of the long-standing partnership between PETRONAS Gas Berhad and Air Products.
The new plant will supply the merchant market in Southern and Central Malaysia, strengthening Air Products' ability to serve key industrial hubs and support growing demand from the electrical and electronics, petrochemicals, aerospace and manufacturing sectors.
By using cold energy from the LNG regasification process to liquefy air at low temperatures, the plant will improve energy efficiency and reduce production-related emissions, helping customers reduce their carbon footprint through a more energy-efficient and lower-emission supply of industrial gas solutions.
"Our relationship with PETRONAS Gas Berhad spans more than four decades, and we are honored by their continued trust in Air Products to support their and Malaysia's effort to advance lower-emission industrial development," said Ramani Velu, Air Products' Southeast Asia President. "This investment underscores our long-term commitment to Malaysia and our focus on delivering safe, reliable, and energy-efficient solutions that support our customers' growth. It also strengthens our ability to serve customers across the country."
Air Products has operated in Malaysia since 1974 and maintains a strong network of state-of-the-art production facilities and depots strategically located across the country. In the Northern Region, the company serves key industries, including electrical and electronics, through advanced ASUs in the Prai Industrial Area, and a pipeline network in the Batu Kawan and the Bayan Lepas Industrial Park in Penang.
About Air Products
Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global hydrogen supplier, Air Products develops, engineers, builds, owns and operates some of the world's largest hydrogen projects. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.
Air Products had fiscal 2025 sales of $12.0 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedIn, X, Facebook or Instagram.
Cautionary Note Regarding Forward-Looking Statements
This release contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.
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Air Products to Supply Malaysia's First LNG-Based Air Separation Unit for PETRONAS Gas Berhad-Led Joint Venture
