January 22, 2008 Lehigh Valley, Pa.
Air Products (NYSE: APD) today announced that it has received an order from KBR (NYSE: KBR) to provide its proprietary process technology and main cryogenic heat exchanger for the Sonatrach liquefied natural gas (LNG) project in Skikda, Algeria. Air Products’ technology will be vital to Sonatrach and the largest LNG train ever built in Algeria, producing 4.5 million metric tons per year at Skikda. In July 2007, KBR announced that it had been selected as engineering, procurement and construction contractor for the Skikda LNG project.
Air Products will be providing the Skikda LNG project its proprietary propane pre-cooled mixed refrigerant liquefaction process technology, with the Split MRTM refrigeration equipment configuration, and an MCR® main cryogenic heat exchanger. The equipment is scheduled to be delivered in late 2009.
“Air Products and Sonatrach have a 30 year relationship working together on LNG and other projects. We’re pleased to continue this relationship and proud to be involved with the development of the largest-ever LNG project in Algeria,” said Jim Solomon, director–LNG at Air Products. Over the span of three decades, Air Products’ technology has been selected by Sonatrach in the development of 12 LNG trains at Arzew, Algeria. Air Products and Sonatrach also participate in a helium joint venture at Arzew.
A majority of the total worldwide LNG is produced with Air Products’ technology. Air Products has designed, manufacturedand exported over 75 LNG heat exchangers from its Wilkes-Barre, Pa. facility over the last 30 years.
In support of the LNG industry, Air Products provides process technology and key equipment for the heart of the base-load liquefaction process, and nitrogen plants for the base-load LNG facility. Upstream, Air Products provides both nitrogen and natural gas dehydration membrane systems for offshore platforms. Downstream, Air Products provides dry inert gas generators for LNG carriers, shipboard membrane nitrogen systems, land-based membrane and cryogenic nitrogen systems for LNG import terminals, and LNG peak shavers.
Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. 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. Air Products has annual revenues of $10 billion, operations in over 40 countries, and 22,000 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.