Saudi Aramco's In Kingdom Total Value Add (iktva) program takes
place 30th January to 2nd February, at
Dhahran Exo Center, Kingdom of Saudi
Arabia
DAMMAM, Kingdom of Saudi Arabia, Jan. 30, 2023 /PRNewswire/ -- Air Products
(NYSE: APD) a world leader in industrial gases and hydrogen
megaprojects, is a platinum sponsor of this year's iktva Forum and
Exhibition, taking place between 30th January and
2nd February at the Dhahran Expo Center, Kingdom of Saudi Arabia. The event is held
under the patronage of His Royal Highness Prince Saud bin Nayef bin Abdulaziz, Governor of the
Eastern Province.
Visit Air Products' stand (SP 02) in the sustainability pavilion
and learn more about investments, projects and career initiatives
supporting the rapid transformation of the Kingdom, diversification
of its economy and advancement of its people.
"We are delighted to be a platinum sponsor at iktva 2023 and
showcase our support for Vision 2030 by bringing our technologies
and capabilities and collaborating with our regional partners and
suppliers to help drive the energy transition and move humanity
forward," said Dr. Samir J.
Serhan, Air Products' Chief Operating Officer.
Air Products has had a presence in the Middle East for over 50 years. In 2020,
construction started at the world scale, fully integrated
industrial gases hub in the Jubail Industrial City. The significant
investment, which will be built, owned, and operated by Air
Products Qudra involves establishing a Hydrogen Hub along with the
construction of a comprehensive hydrogen pipeline network to
connect and transport hydrogen to the broad refinery operations and
chemical customer base in the Eastern Region of Saudi Arabia.
Air Products continues to grow in the Kingdom of Saudi Arabia. Recently, the company
announced financial close and transfer of the second group of
assets for the $12 billion
gasification and power joint venture (JV) with Aramco, ACWA
Power and Air Products Qudra in the Jazan Economic City ("Jazan"),
Saudi Arabia. The JV's purchase of
this second group of assets at Jazan follows the successful asset
acquisition and project financing transactions for the first group
of assets completed in late October
2021.
In addition, Air Products has launched the region's first
hydrogen fueling station with Saudi Aramco; extended core
competencies through the company's world-class technology center in
the Dhahran Techno Valley and commenced project execution for the
NEOM green hydrogen project.
Last year, Air Products launched Female Engineers &
Technical Associates (FETA), a unique program to enable the
progression and career development of the next generation of female
talent in the Kingdom of Saudi
Arabia. Developed through strategic partnerships with the
Ministry of Human Resources & Social Development (MOHR) and
Saudi Council of Engineers (SCE), the program complements the Saudi
2030 vision which includes developing citizens' capabilities and
future skills. The program also supports Air Products' goal to be
the most diverse industrial gas company in the world by promoting a
pipeline of senior female engineers and technicians in the
workforce and fostering growth for possible future engineers and
technician leaders in Air Products and beyond.
To learn more about Air Products' business in the Middle East visit our website.
About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases
company in operation for over 80 years focused on serving energy,
environmental, and emerging markets. The Company has two growth
pillars driven by sustainability. Air Products' base business
provides essential industrial gases, related equipment and
applications expertise to customers in dozens of industries,
including refining, chemicals, metals, electronics, manufacturing,
and food. The Company also develops, engineers, builds, owns and
operates some of the world's largest industrial gas and
carbon-capture projects, supplying world-scale clean hydrogen for
global transportation, industrial markets, and the broader energy
transition. Additionally, Air Products is the world leader in the
supply of liquefied natural gas process technology and equipment,
and globally provides turbomachinery, membrane systems and
cryogenic containers.
The Company had fiscal 2022 sales of $12.7 billion from operations in over 50
countries and has a current market capitalization of about
$70 billion. More than
21,000 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 reimagine what's possible to 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.
About Air Products Qudra
Air Products Qudra is the
regional development and investment joint venture (JV) for
Middle East between Air Products
and Qudra Energy, a subsidiary of Vision Invest. Air Products is a
world-leading industrial gases company developing, engineering,
building, owning and operating many of the world's largest
industrial gas projects; Vision Invest is a leading development and
investment Holding Company in the Kingdom
of Saudi Arabia, with a diversified portfolio of investments
across several sectors such as Utility, Infrastructure, Logistics
and Industrial Gases with a global operational investment
footprint.
Formed following several years of partnership between its parent
companies, Air Products Qudra's mission is to bring world-class
technology, on-site solutions, and leading project execution and
operational leadership for large-scale energy and environmental
projects throughout the Middle
East region. For more information
visit www.airproductsqudra.com
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