Air Products Signs Exclusive Gases Contract With One of World's Largest Flat Panel Manufacturers
March 11 2004 - 2:58PM
PR Newswire (US)
Air Products Signs Exclusive Gases Contract With One of World's
Largest Flat Panel Manufacturers LEHIGH VALLEY, Pa., March 11
/PRNewswire-FirstCall/ -- Air Products announced its Taiwanese
joint venture -- San Fu Gas Co. -- has won a long-term agreement
with Chi Mei Optoelectronics to supply nitrogen and bulk gases to
Chi Mei's newest flat panel manufacturing facility, Fab 4, located
in the Tainan Science-based Industrial Park (TSIP). In addition to
this agreement, San Fu has also been awarded the supply of bulk
specialty gas equipment and installation of specialty gas piping
contract for Chi Mei 4. San Fu has established a leading supply
position in TSIP, one of the world's largest science parks. Other
San Fu customers in the park are Taiwan Semiconductor Manufacturing
Corporation's (TSMC) Fab 6 and Fab 14A, United Microelectronics
Corporation's (UMC) Fab 12A, and Chi Mei's Fab 3, to name just a
few. Customers are served by large San Fu industrial ultra high
purity bulk gas production facilities and pipeline bulk gas
distribution network with a total capacity exceeding 60,000 Nm3/hr.
The main plant supplying the pipeline at 50,000 Nm3/hr is the
world's largest UHP nitrogen generator, and it also co-produces UHP
liquid nitrogen and UHP liquid oxygen for supply to semiconductor
customers. "These long-term agreements are a direct result of the
significant investments we have made over the years to serve the
Asian electronics manufacturing industry," said Allen Chien,
President of San Fu. "Today, those investments have built
considerable momentum and are part of a longer-term strategy that
has positioned us so that as our customers, like Chi Mei, respond
to the growing demands of the semiconductor and flat panel display
markets, we can grow right along with them." Chi Mei
Optoelectronics, the fourth largest TFT-LCD manufacturer in the
world, has one generation five (G5) Fab (Fab 3) in operation and
its Fab 4, currently under construction, will be generation 5.5.
San Fu is a major gassupplier to Chi Mei, including pipeline
nitrogen and high purity specialty gas products. To view the full
text of this announcement, please visit Air Products' online Press
Room at
http://www.airproducts.com/PressRoom/CompanyNews/Archived/2004/04117_11Mar04.htm.
***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:
Tom Yencho, +1-610-481-8527, ; or Jessica Cheng, +852-2863-0585, ;
or Investor Inquiries: Alex Masetti, +1-610-481-7461, , all of Air
Products Web site: http://www.airproducts.com/
Copyright
Air Products and Chemicals (NYSE:APD)
Historical Stock Chart
From Sep 2024 to Oct 2024
Air Products and Chemicals (NYSE:APD)
Historical Stock Chart
From Oct 2023 to Oct 2024