December 09, 2010 Lehigh Valley, Pa.
Air Products (NYSE: APD) today announced it has been selected to supply gaseous nitrogen, oxygen and argon to Samsung Mobile Display’s (SMD) newest Active-matrix Organic Light Emitting Diode (AMOLED) fab located in Tanjeong, Korea.
Air Products will build a new air separation unit (ASU) and pipeline at its Tanjeong site for gases supply to SMD. Air Products also supplies gaseous nitrogen and other bulk gases via pipeline to SMD’s two large-scale TFT-LCD facilities in Cheonan.
“We are honored to extend our relationship with Samsung and be involved with such an important customer whose new plant will utilize this new technology,” said Corning Painter, vice president and general manager of the Electronics Division at Air Products. “This contract is an excellent example of our capability to serve the world’s largest electronics customers with our infrastructure, technology advancements and product capacity in place.”
Samsung Mobile Display, a joint venture between Samsung Electronics Co. Ltd. and Samsung SDI Co. Ltd., is a global leader in next-generation small and medium displays and is building a 5.5th generation production line in Tanjeong to start mass production of AMOLED, which is an emerging display technology used in mobile devices and media players for large high-resolution displays that consume significantly less power.
For more information on Air Products’ electronics business, please go to www.airproducts.com/electronics.
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. In fiscal 2010, Air Products had revenues of $9 billion, operations in over 40 countries, and 18,300 employees around the globe. For more information, visit www.airproducts.com.
NOTE: This release may contain 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 reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2010.