Air Products Strikes Gold with Equipment Sale to Lihir
February 25 2009 - 1:15PM
PR Newswire (US)
LEHIGH VALLEY, Pa., Feb. 25 /PRNewswire-FirstCall/ -- Air Products
(NYSE: APD) announced today that it signed a contract to build an
air separation unit (ASU) for Lihir Gold Ltd, in Papua New Guinea.
The plant is situated over 500 miles from Port Moresby, capital of
Papua New Guinea and will produce over 1,800 tons per day of
oxygen, almost doubling the total oxygen production on the island.
The oxygen is used to oxidize the ore extracted from the mine,
converting sulphide minerals to sulphates to improve the recovery
of gold in downstream processing. "We are very proud to have been
selected for this project. Lihir Gold Ltd required a highly
efficient plant, as it's in a remote place, making all transport of
fuel very expensive," said Dave Edmondson, engineering vice
president for Air Products in Europe. "Our innovative approach to
optimize value against power, coupled with our superior technical
expertise has enabled us to offer the right solution for Lihir Gold
Ltd." "We have been impressed with Air Products' ability to listen
to our requirements and translate those in a safe and reliable
solution. The Air Products team worked very closely with us, which
gives us the confidence that they are in a true partnership with
us," said Graham Folland, executive general manager Corporate
Development at Lihir Gold. The plant is due to be on-stream at the
end of 2010. 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 over 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: Media Inquiries, U.S., Art George, +1-610-481-1340, , or
U.K., Guenaelle Holloway, +44-1932-249-245, , or Investor
Inquiries, Nelson Squires, +1-610-481-7461, Web Site:
http://www.airproducts.com/
Copyright
Air Products and Chemicals (NYSE:APD)
Historical Stock Chart
From Jun 2024 to Jul 2024
Air Products and Chemicals (NYSE:APD)
Historical Stock Chart
From Jul 2023 to Jul 2024