LEHIGH VALLEY, Pa.,
Dec. 12, 2017 /PRNewswire/ -- Air
Products (NYSE: APD) today announced an agreement with TP JGC Coral
France for the supply of its Medium and High Purity Nitrogen
Package for a floating liquefied natural gas (FLNG) facility to be
located in the Indian Ocean, offshore Mozambique, Africa. This represents the company's second
supply contract with TP JGC Coral France for this project. Earlier
this year, Air Products announced an agreement to supply its
proprietary cryogenic coil wound heat exchanger technology and
liquefaction process license for the facility.
The FLNG facility being built by TP JGC Coral France, an
incorporated joint venture formed by TechnipFMC and JGC
Corporation, along with Samsung Heavy Industries, will utilize Air
Products' advanced PRISM® Membrane Separators to produce
both medium- and high-purity nitrogen. The combined nitrogen
production will exceed 100,000 Nm3/day. The FLNG plant will be
moored and operate on the surface above 6,500 feet of water in the
Indian Ocean, in a natural gas field known as Area 4 of the Coral
Field.
"Air Products is very pleased to again be selected as a key
supplier to the Coral FLNG project," said Charles Page, director of Air Products PRISM
Membranes. "Our Nitrogen Package, which has been designed in
accordance with the consortium's exacting requirements, leverages
Air Products' unparalleled experience for supplying similar
equipment for demanding offshore applications."
"This project affirms Air Products' capabilities and world class
position for supplying high performance membrane nitrogen
generation systems for the marine and offshore market," added
Hallgeir Angel, technical sales manager, Air Products AS Engineered
Nitrogen Systems. "It builds on years of experience gained on
similar complex projects and integrates well in Air Products'
market-leading Nitrogen Package portfolio."
In support of the LNG industry, Air Products provides process
technology and key equipment for natural gas liquefaction
processes. Upstream, Air Products provides both nitrogen and
natural gas dehydration membrane systems for offshore platforms.
Downstream, Air Products provides membrane nitrogen generators for
LNG carriers, and land-based membrane and cryogenic nitrogen
systems for LNG import terminals and base-load LNG plants.
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 2017 sales of $8.2
billion from continuing operations in 50 countries and has a
current market capitalization of about $35
billion. Approximately 15,000 passionate, talented and
committed employees from a diversity of 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.
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