Air Products Bags Industrial Gases Supply Contract in China

Air Products and Chemicals Inc (APD) has signed a second long-term oxygen and nitrogen supply contract with a leading global materials supplier in Guangdong, South China. The latest supply contract will further strengthen Air Products' strong position in this strategic industrial base, as well as the relationship with this global customer.

Under the new contract, Air Products will build two sets of state-of-the-art cryogenic air separation plants in Guangdong to produce both gaseous oxygen and nitrogen. The new plants are scheduled to come on-stream in 2018. Together with an existing plant, which started up earlier this year and was the company's first of its kind built in China, Air Products will significantly increase gas supply capacity for the customer.

"This contract demonstrates our industry expertise and their confidence in our quality and reliable supply. We are truly happy to have the opportunity to help our valued customers meet their productivity, quality and sustainability goals. In line with China's13th five-year plan and Made in China 2025 strategy, the new investment and capacity expansion will give Air Products an even stronger position to supply the strategic high-tech materials industry in the important Pearl River Delta region," said Saw Choon Seong, China president, industrial gases at Air Products.