January 08, 2004 Lehigh Valley, Pa.
Air Products (NYSE:APD) announced today that it has built and put into service its latest PRISM® Nitrogen System, HPN Series. The new standard high purity nitrogen assist plant was commissioned and built for Hercules, Inc.'s facility in Brunswick, Ga. to replace an existing Air Products PRISM® Nitrogen System, PSA Series, which Hercules had outgrown. The HPN Series plant, which will produce more than 50,000 standard cubic feet per hour of gaseous nitrogen product, will greatly reduce the amount of liquid nitrogen previously used by Hercules, resulting in considerable cost savings.
"Hercules is a long time Air Products customer. Our relationship with them has been built around finding solutions that will meet their growing needs and do it not just economically, but reliably and safely as well. Our HPN Series backup systems take care of all of that," said Steve Jacobs, Air Products Business Area Asset Manager. "Once Hercules' business had grown to the point where they needed to replace our original plant, they came back to us first, and together we devised a solution that was installed and running in two-thirds the amount of time that they needed it in," he added.
Gary Kooke, an Air Products Construction Specialist who worked on the Hercules project, credited the shorter installation time to the fact that the HPN Series plant is pre-fabricated and arrives on site in large pieces. Since the components come pre-mounted, field time can be reduced and start-up time accelerated, which results in additional cost savings for the customer.
The HPN Series plant at the Brunswick, Ga. location will be used by Hercules in their process for extracting rosin from pine wood, which then goes into a lot of everyday products including chewing gum, citrus beverages and household cleaners. Hercules is a global manufacturer of chemical specialties used in making a variety of products for home, office, and industrial markets. Established in 1912, Hercules is headquartered in Wilmington, Del.
Air Products (NYSE:APD) serves customers in technology, energy, healthcare and industrial markets worldwide with a unique portfolio of products, services and solutions, providing atmospheric gases, process and specialty gases, performance materials and chemical intermediates. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. With annual revenues of $6.3 billion and operations in over 30 countries, the company's 18,500 employees build lasting relationships with their customers and communities based on understanding, integrity and passion. For more information, visit www.airproducts.com.
NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.