LEHIGH VALLEY, Pa.,
Aug. 1, 2016 /PRNewswire/ -- Air
Products (NYSE: APD) today announced it has been awarded a
long-term contract by KCC Corporation, a leading glass maker and
the largest construction material manufacturer in South Korea, to supply oxygen to the new glass
wool production line at its Gimcheon facility. The new production
line is scheduled to come onstream in 2017.
Air Products will install a PRISM® vacuum swing adsorption (VSA)
oxygen generator at KCC Corporation's Gimcheon site to supply
on-site gaseous oxygen to the furnace for full oxy-fuel combustion,
an advanced technology proven to make glass manufacturing cleaner.
By maximizing efficiency and significantly reducing energy
requirements, the PRISM product line provides reliable, economical
and eco-friendly on-site supply solutions.
"We have been supplying different offerings to KCC Corporation,
including at the Gimcheon site, and are honored to have won their
continued confidence," said Kyo-Yung
Kim, president of Air Products Korea. "Our longstanding
relationship, as well as the latest contract with this strategic
customer, demonstrates Air Products' capabilities in supporting the
growth of a leading glass maker and also the industry as a
whole."
Air Products is a leading supplier of integrated solutions to
the global glass industry, from gas supply to combustion systems,
technology, customized control systems, technical and design
expertise, commissioning service, safety and site training, and
maintenance contracts and project management. The company is also a
leader in oxy-fuel combustion technology with over 50 years of
experience and has already installed more than 1,500 Cleanfire®
burners around the world. For more information, visit
www.airproducts.com/glass.
KCC Corporation, established in 1958, is the largest building
material maker in South Korea
focusing on developing high value-added products based on high
energy efficiency and environmentally friendly technology. With
operations throughout the country and overseas, the company has an
extensive business portfolio with a leadership position in the
domestic float glass, glass wool and industrial paint markets.
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 serves the semiconductor, polyurethanes, cleaning and
coatings, and adhesives industries.
The company had fiscal 2015 sales of $9.9
billion and has a current market capitalization of more than
$30 billion. Approximately
19,000 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.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/air-products-awarded-long-term-contract-to-supply-leading-glass-wool-manufacturer-in-south-korea-300306882.html
SOURCE Air Products