Air Products Making Two LNG Presentations at Gastech in South Korea

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Mar 24, 2014, 10:15 ET

LEHIGH VALLEY, Pa., March 24, 2014 /PRNewswire/ -- Air Products (NYSE: APD), the world's leader in liquefied natural gas (LNG) technology and equipment, announced today it will be making two presentations at the 2014 Gastech Conference and Exhibition. The event, described as the world's premier natural gas conference and exhibition, opens today and will be held March 24-27, 2014 in the Korea International Exhibition Center in Goyang City, South Korea. In addition to the two presentations, Air Products' LNG experts will be available during the exhibition to answer technology questions in Booth J110.

The Air Products' presentations and presenters include:

Jon Berg, principal process engineer at Air Products, will be speaking on "Navigating the waves of Floating LNG: A guide to liquefaction process cycle selection" during the Conference's Center of Technical Excellence (CoTE) session on liquefaction. Berg will be presenting on Tuesday, March 25 at 1:45 p.m. in the CoTE Theater.
Chris Ott, senior principal process engineer at Air Products, will be presenting a paper on "State-Of-The-Art Nitrogen Removal for Natural Gas Liquefaction" as part of a session titled Technical Stream on Emerging & Ground-Breaking Gas Technologies. Ott will be presenting on Wednesday, March 26 at 5:20 p.m.

A majority of the total worldwide LNG is produced with Air Products' technology. Air Products has now designed, manufactured, and exported more than 100 coil wound heat exchangers for LNG projects around the globe over the last four decades. In January 2014 Air Products dedicated a second United States LNG manufacturing facility in Port Manatee, Florida. The new facility, when combined with the existing Wilkes-Barre, Pennsylvania LNG manufacturing facility, will double the company's manufacturing capacity for its proprietary and world-leading technology to both meet increasing customer demand, and specifically for the manufacture of larger LNG heat exchangers.

Air Products' LNG technology is vital to helping meet the world's increasing energy needs and desire for clean energy and is operating in 15 countries around the globe, processing and cryogenically liquefying valuable natural gas for consumer and industrial use. Air Products' LNG process technology and equipment is the heart of an LNG production plant. The technology, in place at some of the most remote locations around the world, takes natural gas that is essentially a stranded valuable resource and unlocks it by liquefying it and making it possible to economically ship it around the world. The LNG is eventually re-gasified for energy use.

In support of the LNG industry, Air Products provides process technology and key equipment for the natural gas liquefaction process for large export plants, small and mid-sized LNG plants, floating LNG plants and LNG peak shavers. Upstream, Air Products provides both nitrogen and natural gas dehydration membrane systems for offshore platforms. Downstream, Air Products provides dry inert gas generators for LNG carriers, shipboard membrane nitrogen systems, and land-based membrane and cryogenic nitrogen systems for LNG import terminals and base-load LNG plants.

About Air Products
Air Products (NYSE: APD) provides atmospheric, process and specialty gases; performance materials; equipment; and technology. For over 70 years, the company has enabled customers to become more productive, energy efficient and sustainable. Recognized as one of the world's most innovative companies by both Thomson Reuters and Forbes magazine, more than 21,000 employees in over 50 countries supply effective solutions to the energy, environment and emerging markets. These include semiconductor materials, refinery hydrogen, coal gasification, natural gas liquefaction, and advanced coatings and adhesives. In fiscal 2013, Air Products had sales of $10.2 billion. 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, 2013.

SOURCE Air Products