Multiple Production Plants Will Be Built
June 10, 2015 Lehigh Valley, Pa.
Air Products (NYSE: APD), a U.S. Fortune 500 company and a leading global industrial gases supplier, today announced it has been awarded a major contract to supply industrial bulk gases and bulk specialty gas supply system for a new semiconductor fab in Pyeongtaek, Gyeonggi Province, South Korea.
Air Products will build multiple ultra high-purity nitrogen plants, hydrogen generators and a liquefier to support the facility.
“We are much honored to be selected to support this milestone project,” said Kyo-Yung Kim, president of Air Products Korea. “Our investment in production capacity will further strengthen our industrial gas supply position to serve the expanding northern region. It is also testimony to Air Products’ commitment and ability to support the growth plans of our customers through safety, reliable supply, efficiency and excellent service.”
A leading integrated gases supplier for the global electronics industry, Air Products has more than 40 years of experience in the safe and reliable delivery of gases to a variety of markets, including some of the world’s biggest technology companies. Air Products is working with these industry leaders to develop the next generation of semiconductors and displays for tablets, computers and mobile devices.
About Air Products
Air Products (NYSE:APD) is a leading industrial gases company. For nearly 75 years, the company has provided atmospheric, process and specialty gases, and related equipment to manufacturing markets including metals, food and beverage, refining and petrochemical, and natural gas liquefaction. Air Products’ materials technologies segment serves the semiconductor, polyurethanes, cleaning and coatings, and adhesives industries. Over 20,000 employees in 50 countries are working to make Air Products the world’s safest and best performing industrial gases company, providing sustainable offerings and excellent service to all customers. In fiscal 2014, Air Products had sales of $10.4 billion and was ranked number 276 on the Fortune 500 annual list of public companies. 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, 2014.