Air Products Signs Long-Term Supply Contract with Samsung Austin

Air Products Will Double Existing Gas Capacity to Support Samsung Expansion

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Jul 21, 2010, 02:00 ET

LEHIGH VALLEY, Pa., July 21 /PRNewswire-FirstCall/ -- Air Products (NYSE: APD) today announced it has been awarded two major contracts in support of Samsung Austin Semiconductor's expansion of its 300 mm semiconductor manufacturing facility in Austin, Tex.

As part of the expansion, Air Products will double its existing capacity of on-site, high-purity, oxygen and nitrogen. In addition to bulk gas supply, Air Products will also provide a significant amount of specialty gas and chemical delivery equipment for the expansion.

The new fab expansion will produce "systems on a chip" (SoC) that will provide processing as well as peripheral functions such as memory and microcontrollers. These low power, multi-functional SoC are crucial for next-generation mobile devices such as cell phones, tablet computers and other devices.

"Air Products is pleased to be selected to supply Samsung's Austin expansion," said Corning Painter, vice president and general manager of Electronics for Air Products. "Our breadth of products and services for the global electronics industry continues to make us the supplier of choice for semiconductor, display and photovoltaic manufacturers."

For more information on Air Products' Electronics business, please go to: www.airproducts.com/Electronics.

Air Products (NYSE: APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2009, Air Products had revenues of $8.3 billion, operations in over 40 countries, and 18,900 employees around the globe. For more information, visit www.airproducts.com.

***NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

SOURCE Air Products