September 07, 2006 Lehigh Valley, Pa.
Air Products (NYSE:APD) today announced completion of an expansion in production capacity to 800TPD at its industrial gas facility in Pryor, Oklahoma. The expansion, which is already on-stream, is to meet the growing product demand from industrial gas customers, particularly in oilfield services, and also in petroleum refining, food processing and metals manufacturing and treating. This expansion is consistent with the company's previously announced plans.
"We will continue to invest to support our customers' growth and changing product needs. Our Oklahoma facility is well-positioned for these markets, and this expansion in capacity will help meet customer demand in several mid-U.S. states," said J. Mike McNallen, vice president and general manager, North America Gases for Air Products.
Air Products' services and product offerings enable oilfield services customers to significantly increase production of natural gas for our nation. Air Products has been supplying nitrogen to the oil and gas industry since the early 1980s. The production facility at Pryor has been in operation since 1977 and produces the full range of atmospheric industrial gases for the merchant market.
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.