LEHIGH VALLEY, Pa.,
April 19, 2011 /PRNewswire/ -- Air
Products (NYSE: APD), the leader in providing liquefied natural gas
(LNG) technology and equipment to the world, today announced it has
signed an agreement with JGC Corporation to supply its proprietary
propane pre-cooled mixed refrigerant process and MCR® main heat
exchanger for a two million ton per year LNG project in Luwuk,
Central Sulawesi, Indonesia. The
Donggi-Senoro LNG project, a joint venture between Indonesia's state-owned oil and gas company,
Pertamina, along with Mitsubishi Corporation, Korea Gas Corporation
and PT Medco Energi Internasional, is targeted for a 2014
start-up.
"We have a long history of working on LNG projects in
Indonesia and are pleased to
continue to build on our experience and position in the region.
Our technology continues to be the leader when it comes to
the development of LNG projects around the world," said
Bill Merlini, Director, LNG
Indonesia at Air Products. "This is a very important project for
Indonesia's LNG industry and is a
key to its continued substantial LNG supply to Japan and East
Asia."
The Donggi-Senoro plant will use the region's gas fields located
in the Senoro-Toili Block and the Matindok Area as feed gas for
what will be the fourth LNG project located in Indonesia. Air Products' LNG technology has
been involved with all four projects including: PT Arun and PT
Badak, originally started-up in the late 1970s, and Tangguh LNG
which began operations in 2009.
A majority of the total worldwide LNG is produced with Air
Products' technology. Air Products has designed, manufactured, and
exported over 80 LNG heat exchangers for projects in 15 countries
from its Wilkes-Barre, Pa.,
United States facility over the
last four decades. In support of the LNG industry, Air
Products provides process technology and key equipment for the
heart of the natural gas liquefaction process, and also nitrogen
plants for the base-load LNG facility, as well as process
technology and equipment for small and mid-sized LNG plants,
floating LNG plants and LNG peak shavers. Upstream, Air Products
provides both nitrogen and natural gas dehydration membrane systems
for offshore platforms. Downstream, Air Products provides dry inert
gas generators for LNG carriers, shipboard membrane nitrogen
systems, and land-based membrane and cryogenic nitrogen systems for
LNG import terminals.
About Air Products
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 2010, Air Products had revenues of
$9 billion, operations in over 40
countries, and 18,300 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,
2010.
SOURCE Air Products