Air Products Boosts NF3 Capacity in US and Asia
November 27 2007 - 11:42AM
PR Newswire (US)
World's Largest NF3 Producer Expands to Support Customer Demand
LEHIGH VALLEY, Pa., Nov. 27 /PRNewswire-FirstCall/ -- Air Products
(NYSE:APD) today announced a substantial increase to its global
nitrogen trifluoride (NF3) capacity with a significant boost to US
capacity and a doubling of its Asian production. Air Products has
increased the production capacity at the company's world- class NF3
production facility in Hometown, Pa., by 200 metric tons. The
increase brings Hometown's capacity to more than 2,200 metric tons
per year. In Korea, Air Products plans to kick off phase-two of its
NF3 expansion at the company's site in Ulsan. Air Products will
double the capacity of the Ulsan plant to 1,000 metric tons per
year. Phase two of the Korean expansion will be on stream in the
first half of 2009. "These expansions strengthen our leadership
position in the global NF3 market," said Corning Painter, vice
president, Electronics, for Air Products. "With our portfolio
management activities behind us, Air Products is in a strong
position to invest for the future." Upon completion, Air Products'
global capacity for NF3 will be more than 3,200 metric tons
annually, maintaining Air Products' position as the number one
global producer of NF3. The company has safely manufactured and
distributed NF3 for more than 25 years from its manufacturing
facility in Hometown, Pa. The first phase of the company's NF3
expansion in Ulsan, Korea -- a new 500 metric ton per year plant --
is expected on stream in the first quarter of 2008. NF3 is used as
a chamber cleaning gas in the manufacture of semiconductors, flat
panel displays and other electronic devices. When compared with
competing materials, NF3 offers customers significant reductions in
emissions, throughput increases of up to 30 percent, longer chamber
life and faster clean rates. NF3 is also stable and nonflammable,
making it a safe gas to transport, store and deliver to customers
around the world. 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
http://www.airproducts.com/. NOTE: This release may contain
forward-looking statements. Actual results could vary materially,
due to changes in current expectations. DATASOURCE: Air Products
CONTACT: Media Inquiries, Asia, Jessica Cheng, (852)2863-0585, , or
US, Robert Brown, +1-610-481-1192, ; or Investor Inquiries, Nelson
Squires, +1-610-481- 7461, , all of Air Products Web site:
http://www.airproducts.com/
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