LEHIGH VALLEY, Pa.,
July 21 /PRNewswire-FirstCall/ -- Air
Products (NYSE: APD) today announced a contract signing with
Pucheng Clean Energy Co., Ltd. (PCEC) for the largest single air
separation unit (ASU) on-site order ever committed to an industrial
gas company. Air Products, under a long-term supply agreement, will
build, own and operate three ASU trains producing over 8,200 tons
per day (TPD) of oxygen, over 3,100 TPD of nitrogen, over 375 TPD
of compressed dry air for PCEC, and will also produce liquid
products for the merchant market in the region.
"This is a landmark contract signing for Air Products. We
appreciate the confidence PCEC has shown in Air Products and also
appreciate the support we have received from the local Shaanxi government. We look forward to
supporting this important project and to having a long-term working
relationship with both PCEC and the Shaanxi government," said Phil Sproger, vice president–Business
Development for Asia at Air
Products. "Air Products will be the first sale-of-gas provider in
the Shaanxi province with such a
large facility, and we will also enhance our liquid product
capacity for the merchant market from this location." Shaanxi province is a new merchant market for
Air Products. Air Products will also be the first major industrial
gas supplier providing liquid gas products in the Shaanxi region with a project currently under
construction at Weihe to be onstream in 2011.
PCEC, a state-owned enterprise established in 2008, will use the
industrial gas products in a coal gasification process for chemical
production. Air Products' ASU facility at the PCEC plant in Weinan,
Shaanxi Province, China is to be onstream in mid-2013. The ASU
trains are to include design enhancements to minimize operating
costs through energy efficiency. Technology advancements and other
productivity improvements support Air Products' overall
sustainability goals of reducing energy consumption and
emissions.
The PCEC agreement comes less than a month after Air Products
announced it would build a world-class hydrogen production facility
in Sichuan, China for PetroChina
Company Limited, one of the largest oil and gas companies in the
world. The agreement signified the first time a state-owned
refinery in China would outsource
its hydrogen requirements. The facility is to be onstream in early
2012. Air Products is also building an ASU for PetroChina to
provide industrial gases and also merchant liquid products which is
to be onstream in late 2011.
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. In fiscal 2009, Air Products had revenues of
$8.3 billion, operations in over 40
countries, and 18,900 employees around the globe. For more
information, visit www.airproducts.com.
***NOTE: This release may contain forward-looking statements.
Actual results could vary materially, due to changes in current
expectations.
SOURCE Air Products