LEHIGH VALLEY, Pa.,
April 19, 2021 /PRNewswire/
-- Air Products (NYSE: APD), a world leader in industrial
gases megaproject development and execution, today announced that
the Kochi Industrial Gas Complex is reliably supplying syngas to
the Propylene Derivatives Petrochemical Project (PDPP) at the
Bharat Petroleum Corporation Limited (BPCL) Kochi Refinery. This is
the company's second supply contract with BPCL at Kochi. Air
Products already operates a world-scale industrial gas
complex which was commissioned in 2017, and inaugurated in
2018, to support the BPCL Integrated Refinery Expansion Project
(IREP) at the same location.
Dr. Samir J. Serhan, chief
operating officer, Air Products said: "Air Products is privileged
to supply syngas and aid BPCL's entry in the petrochemical market.
I am proud of the teams who have shown exceptional resilience and
dedication during the COVID-19 pandemic. The work they have done to
support this facility shows how persistently we exhibit our core
values of safety, speed, simplicity, and self-confidence in this
region and around the globe. Kochi is a shining example of our
ability to come together as a team, wherever we are in the world,
to execute large-scale, essential industrial gas projects for our
valued customers."
Sanjay Khanna, executive director
of BPCL Kochi Refinery, said: "We are happy to continue our
association with Air Products and congratulate the Air Products
team for their commitment to safety, timely and reliable supply of
products to the PDPP. The Syngas supplied by Air Products is a
critical component for PDPP and will enable BPCL's entry in the
Propylene Derivative Petrochemical market in a big way. This
represents a significant multi-national company investment in
India and support for India's vision to become self-reliant. PDPP
will produce niche products like Acrylic acid, Oxo-alcohols and
Acrylates utilizing industrial gases supplied by Air Products."
Adding his appreciation, Anand
Chordia, managing director, Air Products India, said: "The
supply of syngas at the Kochi Industrial Gas Complex reinforces Air
Products India's capabilities to execute large-scale projects
indigenously through detailed engineering, procurement,
construction (EPC) and through to reliable supply."
Krishnan Jaishankar, Kochi
Facility head, Air Products India said: "We are delighted to expand
our offerings to BPCL and strengthen our association further. I am
pleased that we made this brownfield project a reality despite
the ongoing COVID-19 pandemic, and while continuing to deliver
strong safety and operating performance from our existing
plant."
About Air Products
Air Products (NYSE:APD) is a
world-leading industrial gases company in operation for 80 years.
Focused on serving energy, environment and emerging markets, the
Company provides essential industrial gases, related equipment and
applications expertise to customers in dozens of industries,
including refining, chemical, metals, electronics, manufacturing,
and food and beverage. Air Products is also the global leader in
the supply of liquefied natural gas process technology and
equipment. The Company develops, engineers, builds, owns and
operates some of the world's largest industrial gas projects,
including: gasification projects that sustainably convert abundant
natural resources into syngas for the production of high-value
power, fuels and chemicals; carbon capture projects; and
world-scale carbon-free hydrogen projects supporting global
transportation and the energy transition.
The Company had fiscal 2020 sales of $8.9
billion from operations in 50 countries and has a current
market capitalization of over $60
billion. More than 19,000 passionate, talented and committed
employees from diverse backgrounds are driven by Air Products'
higher purpose to create innovative solutions that benefit the
environment, enhance sustainability and address the challenges
facing customers, communities, and the world. For more information,
visit airproducts.com or follow us on LinkedIn, Twitter,
Facebook or Instagram.
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,
2019.
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SOURCE Air Products