LEHIGH VALLEY, Pa.,
March 15, 2021 /PRNewswire/
-- Air Products (NYSE: APD), a world leading industrial gas
producer, today announced its newest air separation unit (ASU)
in Chandler, Arizona is onstream
and under long-term contract supplying key electronics and other
customers. The ASU is capable of producing over two million
standard cubic feet per hour of gaseous nitrogen and over
20,000 standard cubic feet per hour of high purity oxygen.
"Air Products' team was able to place this ASU onstream under a
tight schedule and to do so safely and under our proven build, own
and operate model. The Chandler
location is a world-class, high volume site with potential for
future capacity expansions. The new ASU is an important investment
for Air Products as it will enable us to continue to supply the
electronics industry and other customers with the nitrogen and
oxygen needed for their growth," said Francesco Maione, president, Americas at Air
Products.
Air Products has been operating the Chandler facility since 1981 and its last
expansion there occurred in 2011. Air Products adds this new ASU to
the five existing ASUs it owns and operates at its plant site in
Chandler. Air Products also
operates two nitrogen pipelines connecting the Air Products
facility to semiconductor manufacturers and customers in the area.
The new project also added a significant amount of additional
low-pressure liquid nitrogen storage to maintain the reliability
model at the site, as well as high purity oxygen storage.
Air Products owns and maintains nitrogen pipelines in the
leading electronics regions around the world, providing reliable
product supply and the ability to make low-cost increases in volume
adjustments as necessary. Air Products' initial nitrogen
pipeline was installed to serve the Silicon Valley. Today the
company's pipelines are operating in the leading Science Parks in
Taiwan, China and Korea, supplying next generation
fabs with the high volumes of nitrogen necessary for semiconductor
and TFT-LCD production.
About Air Products
Air Products
(NYSE:APD) is a world-leading industrial gases company in operation
for over 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,
2020.
View original
content:http://www.prnewswire.com/news-releases/air-products-places-its-newest-and-sixth-asu-onstream-in-chandler-arizona-301247326.html
SOURCE Air Products