LEHIGH VALLEY, Pa.,
Sept. 28 /PRNewswire-FirstCall/ --
Air Products (NYSE: APD) today announced it has signed a contract
with a leading global photovoltaic (PV) manufacturer in
Malaysia for the company's
SunSource™ Solutions gases, equipment and services. The turnkey gas
supply contract includes bulk and specialty gases, specialty
chemicals, and related gas distribution equipment to support the
customer's new crystalline PV facility in Melaka, Malaysia. This contract further strengthens
Air Products' worldwide PV industry supply position with one of the
leading producers.
The contract includes the long-term supply of on-site nitrogen,
hydrogen, argon and oxygen, specialty gases such as silane, ammonia
and nitrogen trifluoride.
The Melaka solar cell manufacturing plant aims to reach a
capacity of more than 1 Gigawatt of cells per year by 2012. Listed
on the U.S. Nasdaq, the customer designs, manufactures and installs
high-efficiency crystalline solar module technology worldwide. The
company owns and operates two other PV plants in the Philippines and is headquartered, along
with its research and development facility, in San Jose, Calif.
"Air Products is very excited to be the gas supplier of a leader
in crystalline photovoltaics which represents the highest
efficiency, high volume photovoltaic technology. The Malaysia PV
plant will be a core element of the customer's technology and
manufacturing roadmap to achieve lower cost and reach the goal of
grid parity," said Corning Painter, vice president and general
manager, Global Electronics, Air Products. "Air Products is
committed to developing alternative energy markets. Our expertise
and complete turnkey offerings help our customers around the world
reduce cost per watt and achieve a fast ramp-up."
As a leading electronics materials supplier, Air Products is
strategically positioned to meet the demands of the rapidly
expanding worldwide photovoltaics market. The company's SunSource
Solutions are used in all of the different PV technologies by
established and start-up producers alike. Air Products'
long-standing history serving the semiconductor and thin-film
transistor liquid crystal display (TFT-LCD) industries since their
inception makes it ideally suited to support its customers' drive
to grid parity―the point where electricity generated by PV is
equivalent in cost to traditional power company-supplied
electricity.
With the demand for renewable energy and improved efficiency on
the rise, Air Products is well positioned to support 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 fuelling 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 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. 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
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,
2009.
SOURCE Air Products
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