December 06, 2005 Lehigh Valley, Pa.
Air Products (NYSE: APD) today announced that it has completed construction on a new ultra-high purity (UHP) ammonia distillation plant in Ulsan, Korea. The new plant, which is now on-stream, will service the Asian and global electronics industry and will be operated by Air Products subsidiary Korea Industrial Gases (KIG). Air Products will continue to produce UHP ammonia at its Morrisville, Pa. and Hometown, Pa. facilities in the Unites States.
"The opening of our UHP ammonia distillation plant in Korea, our first in Asia, reinforces Air Products' position as the global leader in UHP ammonia manufacture and supply," said Mike Hilton, vice president, Electronics Business, Air Products. "As purity and volume requirements continue to rise for UHP ammonia, this technologically-advanced facility will allow us to better serve customers in this region and throughout the world."
UHP ammonia is an electronic specialty gas crucial in the manufacture of flat panel displays such as Thin Film Transistor-Liquid Crystal Displays (TFT-LCD), integrated circuits and Light Emitting Diodes (LED), which are used in applications such as cell phones and automotive lighting and are displacing conventional lighting alternatives based on their ability to operate at reduced power, lower temperatures and with extended lifetimes.
Air Products will manufacture two grades of ammonia at its new facility in Korea—VLSI Ammonia (99.999% purity), which is used to produce flat panel display and integrated circuits, and the company's White AmmoniaTM (99.99999% purity), the purest line of ammonia available today and a critical component in the production of LEDs.
Air Products' UHP ammonia distillation plant in Korea enhances the company's supply chain by leveraging its industry-leading purification technology and Bulk Specialty Gas System (BSGS) offering, a service that includes proprietary bulk ISO module packaging. Air Products' plant in Korea is equipped with the most comprehensive fleet of ISO units in the industry and the capability to supply bulk quantities of UHP Ammonia in a variety of containers, increasing customer service throughout the region.
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 and is listed in the Dow Jones Sustainability and FTSE4Good Indices. The company has annual revenues of $8.1 billion, operations in over 30 countries, and over 20,000 employees around the globe. 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.