LEHIGH VALLEY, Pa.,
Aug. 17, 2017 /PRNewswire/
-- Air Products, a world-leading industrial gases company,
today announced that its pipeline in Batu Kawan Industrial Park,
Penang, for global leading
printing company HP has come on-stream. As the Park's first gases
pipeline, which extends from Air Products' existing network in
Prai, this infrastructural investment represents the company's
further commitment to the social and economic development of
Northern Malaysia and the rest of
the country.
"We are honored to be supporting HP's business growth plan in
Malaysia," said Alex Tan, Southeast
Asia president, Industrial Gases, Air Products. "Air
Products has been serving Malaysia
for over 40 years with a strong position established in
Northern Malaysia. Providing a
more reliable and cost-effective gases supply, this new pipeline
will strengthen our support to HP's innovation and help fuel the
growth of other manufacturers in the Park."
The comprehensively planned Batu Kawan Industrial Park is
rapidly developing into one of Penang's major industrial hubs in recent
years. Strategically located, it offers excellent accessibility and
high standard infrastructure facilities. HP's facility in the Park
serves as the company's global consumer ink business headquarters
and manufactures ink supplies by utilizing its innovative and
environmentally-friendly technologies.
"Air Products' new supply system in the Batu Kawan Industrial
Park improves the reliability, quality and cost-effectiveness of
HP's operations while helping us reduce our carbon footprint," said
Sunil Chandiramani, General
Manager/Vice President, Consumer Ink Business (WW IPH Operations),
Inkjet Supplies Operations/IPS at HP. "As part of the Park's common
infrastructure that benefits all manufacturers here, it marks the
beginning of sustainable industrial growth in Batu Kawan."
Air Products has been serving Malaysia since 1974 and is recognized for its
excellence in safety, reliability and operations. With eight
state-of-the-art production facilities and depots strategically
located throughout the country, the company produces high-purity
and high-quality industrial gases to diverse markets including
steel, electronics, chemicals processing, metals processing, food,
glass and more.
Today, Air Products has established a leading position in
Northern Malaysia. In Penang, its two air separation units in the
Prai Industrial Park, together with an extensive supply network
that expands into the Bukit Minyak Industrial Park and the Batu
Kawan Industrial Park, provide a highly reliable gases supply to
its customers. In Central and Eastern
Malaysia, Air Products' hydrogen plants in Banting, West
Port and Kuantan position the company as one of Malaysia's largest hydrogen suppliers.
About Air Products
Air Products (NYSE:APD) is a world-leading Industrial Gases company
in operation for over 75 years. The Company's core industrial gases
business provides atmospheric and process gases and related
equipment to manufacturing markets, including refining and
petrochemical, metals, electronics, and food and beverage. Air
Products is also the world's leading supplier of liquefied natural
gas process technology and equipment.
The Company had fiscal 2016 sales of $7.5
billion from continuing operations in 50 countries and has a
current market capitalization of approximately $30 billion. Approximately 16,000 employees are
making Air Products the world's safest and best performing
industrial gases company, providing sustainable offerings and
excellent service to all customers. For more information, visit
www.airproducts.com.
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,
2016.
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SOURCE Air Products