Air Products (NYSE:APD), a world-leading industrial gases company serving Guangdong in South China for 30 years, today announced that it has signed a second long-term oxygen and nitrogen supply contract with a leading global materials supplier in the province. 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.
“We are honored to have our important global customer’s continued trust in Air Products’ capabilities to support their further expansion,” said Saw Choon Seong, China president, Industrial Gases at Air Products. “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’s 13th 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.”
Air Products was one of the first multinational industrial gas companies to enter the China market when it set up its first plant in Shenzhen in 1987. Following 30 years of continuous growth and investment, it today has around 2,500 employees, over 60 entities, and more than 140 production facilities in the country. In Guangdong province, the company operates a strong and reliable supply network across the Pearl River Delta to support the growing demand from over 30 industries.