LEHIGH
VALLEY, Pa., May 2, 2022
/PRNewswire/ -- Air Products (NYSE: APD) today announced that Air
Products San Fu Co. Ltd recently brought two new air separation
units onstream, as part of the long-term agreements to provide
ultra-high purity industrial gases to one of the world's largest
semiconductor manufacturers in Asia.
Air Products San Fu will invest approximately $400 million to build, own and operate a number
of large air separation units to supply ultra-high purity nitrogen,
oxygen, argon and hydrogen to the customer's new wafer fab
expansion and existing fab capacity expansion in Tainan Science
Park, Southern Taiwan.
"Air Products is honored to again be selected by our strategic
global customer and have their continued confidence in our
capabilities to support their expansion project in Tainan," said
Eugene Lu, President of Air
Products San Fu. "We are proud to have brought the two air
separation units onstream and on schedule as part of the
agreements, and with the highest safety standards to provide
reliable, high-quality gases to meet their production demands."
A leading integrated gases supplier, Air Products has been
serving the global electronics industry for more than 40 years,
supplying critical industrial gases to many of the world's largest
technology companies developing the next generation of
semiconductors and displays for tablets, computers and mobile
devices.
"This project milestone further reinforces Air Products'
commitment, proven record and our engineering, execution and
operational expertise to grow with our strategic electronics
customers who are at the forefront and delivering advanced
technology to the world," said Air Products' Chief Operating
Officer Dr. Samir J. Serhan.
Air Products has been serving the Taiwan market through Air Products San Fu for
70 years and has established leading positions in key science
industry parks with strong pipeline networks to serve its
semiconductor and TFT-LCD customers. The company has established a
leading supply position in Tainan Science Park serving its
customers fed by one of the world's largest ultra-high purity
nitrogen pipelines. Air Products San Fu has approximately 800
employees and more than 20 production facilities serving diverse
markets, including metal fabrication, glass, electronics,
semiconductor, flat panel display and petrochemicals in
Taiwan. The company is the first
gas company in Taiwan awarded
ISO9002 and ISO14000 certifications.
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 2021 sales of $10.3
billion from operations in 50 countries and has a current
market capitalization of about $55
billion. More than 20,000 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 www.airproducts.com or follow us on LinkedIn, Twitter,
Facebook or Instagram.
Cautionary Note Regarding Forward-Looking Statements: This
release contains "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
expectations and assumptions as of the date of this release and are
not guarantees of future performance. While forward-looking
statements are made in good faith and based on assumptions,
expectations and projections that management believes are
reasonable based on currently available information, actual
performance and financial results may differ materially from
projections and estimates expressed in the forward-looking
statements because of many factors, including risk factors
described in our Annual Report on Form 10-K for the fiscal year
ended September 30, 2021. Except as
required by law, we disclaim any obligation or undertaking to
update or revise any forward-looking statements contained herein to
reflect any change in the assumptions, beliefs or expectations or
any change in events, conditions or circumstances upon which any
such forward-looking statements are based.
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SOURCE Air Products