Air Products Signs Contract with China's Best Solar
December 02 2008 - 8:43AM
PR Newswire (US)
Plant Will Be One of the World's Largest Thin-Film PV Facilities
LEHIGH VALLEY, Pa., Dec. 2 /PRNewswire-FirstCall/ -- Air Products
(NYSE:APD) today announced it has signed a turnkey gas supply
contract to provide on-site gases, liquid bulk gases, specialty
gases and gas equipment to China's Best Solar Hi Tech Co., Ltd,
which is building a new thin-film photovoltaic (PV) facility in the
Wuzhong Economic Development Park in Suzhou, Jiangsu Province,
China. When the facility comes on-stream at its full capacity, it
will have an annual solar module manufacturing capacity of 330MW.
The contract between Air Products and Best Solar includes the
long-term supply of hydrogen, nitrogen and argon, and specialty
gases such as silane, nitrogen trifluoride (NF3) and dopant gases.
Air Products will also install and manage the bulk gas and
specialty gas supply systems. "We are proud to have Best Solar's
confidence in our supply capabilities for what will be one of the
world's largest thin-film photovoltaic production facilities," said
Corning Painter, vice president and general manager, Global
Electronics, Air Products. "Our leadership position in the supply
and delivery of the key materials for the PV market makes Air
Products the safe and reliable choice for the growing PV industry."
Best Solar's thin-film PV modules, which convert sunlight directly
into electricity, will be manufactured in much the same way as
thin-film transistor-liquid crystal displays (TFT-LCD). As one of
the largest suppliers to the TFT-LCD industry, Air Products is
ideally suited to supply the new facility. This contract marks Air
Products' largest investment in the burgeoning thin-film
photovoltaic industry and complements its existing crystalline PV
offerings. With the demand for renewable energy and improved
efficiency on the rise, Air Products is well positioned to take
advantage of these developing markets with its expertise and
project experience in areas including large scale hydrogen supply
for cleaner transportation fuels, developmental work on the
hydrogen economy, hydrogen vehicle fueling and infrastructure,
leading natural gas liquefaction technology and now the growing
supply of gases and services for the photovoltaic industry. For
more information on Air Products' photovoltaic offerings, please
visit: http://www.airproducts.com/photovoltaics 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 over $10 billion, operations in more than 40 countries,
and 21,000 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: U.S.: Robert Brown, +1-610-481-1192, , or Asia: Jessica
Cheng, 852-2863-0585, , or Investor Inquiries: Nelson Squires,
+1-610-481-7461, , all of Air Products Web site:
http://www.airproducts.com/
http://www.airproducts.com/photovoltaics
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