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Air Products to Build, Own and Operate a New Large-Scale Air Separation Unit to Produce Liquid Oxygen, Nitrogen and Argon in Eastern Minnesota

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Air Products (NYSE: APD), a leading global industrial gases company, today announced plans to build, own and operate a new air separation unit (ASU) in the Twin Cities area of Minnesota. The new large-scale facility, scheduled to be onstream in early-to-mid-2020, will provide reliable liquid industrial gas options for local customers and distributors in the region.

“Air Products’ goal is to be the safest and best performing industrial gas company in the world, providing excellent service to our customers. This is a prime example of making the necessary investment to provide that reliable and excellent service to our current and future customers,” said Seifi Ghasemi, chairman, president and chief executive officer at  Air Products.

The new large-scale ASU will produce liquid nitrogen, oxygen and argon, allowing Air Products to strengthen and grow its presence in a dynamic geography. “Air Products has supplied customers in Minnesota and the surrounding region with both onsite gases and merchant liquid for decades. This investment shows further commitment to our customers in the Midwest region, will expand our ability to serve the greater area, and will provide reliable product to supply new customers as well,” said Francesco Maione, Air Products vice president, Northern Region, Americas.

Air Products currently owns and operates over 300 air separation plants in over 40 countries worldwide. In addition to its plants, the company has sold, designed and built more than 2,000 air separation units globally. Air Products’ cryogenic offerings span plants with a capability of 50 tons per day (TPD) to single train facilities with oxygen production capacities beyond 4,000 TPD.

About Air Products


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, 2018.