LEHIGH VALLEY, Pa.,
Jan. 28, 2016 /PRNewswire/ -- Air
Products (NYSE: APD), a world-leading industrial gases company,
today announced its four air separation unit (ASU) trains built for
Shaanxi Future Energy Chemical Co., Ltd. in Yulin City,
Shaanxi Province, China, have been brought fully onstream. The
project, capable of producing 12,000 tons per day of oxygen and
significant tonnage volumes of nitrogen and compressed dry air for
the customer's coal chemical plant, represents one of the largest
single on-site ASU orders ever committed to an industrial gas
company.
"This is a great milestone for Air Products and thanks to
Shaanxi Future Energy Chemical for their trust in us to supply the
very large industrial gas demand of such a monumental project. The
successful execution of this world-scale project is another
testimonial of our leading position in large air separation and
excellence in safety, reliability and technology," said
Phil Sproger, vice president, Asia
On-Site Business Development, Industrial Gases. "We will continue
to pursue opportunities where we can leverage on our application
solutions and expertise to support China's sustainable development under its
13th Five-year Plan."
The industrial gases produced by Air Products' ASUs and supplied
to Shaanxi Future Energy Chemical at Yulin are used to help produce
one million tons of high quality oil products annually. The four
ASU trains are equipped with state-of-the-art air compressors as
well as design and technology advancements to enhance energy
efficiency and minimize operational costs for the customer.
Established in 2011, Shaanxi Future Energy Chemical is
jointly-owned by the state-backed Yankuang Coal Group (50%),
Yanzhou Coal Co., Ltd. (25%) and Shaanxi Yanchang Petroleum Group
(25%). Its Yulin coal-to-liquid demonstration project has recently
been awarded "China's Top 10
Project" for the efforts on innovation and sustainability and
setting leading examples for the 13th five-year time
period by China Petroleum & Chemical Industrial Federation, a
non-profit organization covering over 300 major companies,
institutions and associations in China's petrochemical industry; and China
Chemical Industry News, the country's leading trade
publication.
Dr. Sun Qiwen, general manager of
Shaanxi Future Energy Chemical, said, "We are pleased to have
partnered with Air Products on this important project and impressed
with their technological and safety expertise demonstrated
throughout the execution."
Air Products has been operating in China since 1987 and supporting customers to
meet their productivity, energy efficiency, and environmental
targets with its integrated gases supply, sustainable solutions and
expertise. The company has built several world-scale ASU facilities
in the country supplying large tonnage quantities of industrial
gases to significant energy projects for customers including Weihe
Clean Energy Co. and Pucheng Clean Energy Co. in Shaanxi Province. It is building another
multi-train ASU project in Shanxi
Province to support Shanxi Lu'an Mining Group's
coal-to-liquid business.
Outside China, the company is
now building the world's largest industrial gas complex, capable of
supplying 75,000 metric tons per day (20,000 oxygen and 55,000
nitrogen) to Saudi Aramco's refinery being built in Jazan,
Saudi Arabia. Key process
equipment is designed by Air Products' engineering and
manufacturing team in Shanghai and
will be manufactured in China.
About Air Products
Air Products (NYSE:APD) is a world-leading Industrial Gases company
celebrating 75 years of operation. 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's Materials
Technologies business, which Air Products intends to spin-off by
September 2016, serves the
semiconductor, polyurethanes, cleaning and coatings, and adhesives
industries.
The company had fiscal 2015 sales of $9.9
billion and was ranked number 284 on the Fortune 500 annual
list of public companies. Approximately 20,000 employees in 50
countries strive to make 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,
2015.
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SOURCE Air Products