Air Products Xi'an Site Onstream to Supply Samsung Electronics' Advanced Memory Fabs

Further Reinforcing Its Global Leadership to Support Electronics Industry

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Nov 12, 2014, 02:30 ET

LEHIGH VALLEY, Pa., Nov. 12, 2014 /PRNewswire/ -- Air Products (NYSE: APD) today announced its site in the Xi'an High-tech Zone (XHTZ), Shaanxi Province, China, recently celebrated being brought fully onstream to supply bulk gases to Samsung Electronics' advanced semiconductor fabs, which represent one of Samsung's largest overseas investments and the most advanced fabs in China. Air Products facility had begun operations at XHTZ earlier this year.

"We are honored to have been awarded major contracts from our long-standing and strategic customer to support their business growth and development in western China," said Kyo-Yung Kim, president of Air Products Korea, who also oversees the company's electronics investment in the XHTZ, at the site opening ceremony. "The opening of our Xi'an site marks a significant milestone for Air Products in China and in the electronics industry. The production facilities and associated infrastructure have been brought onstream on schedule with proven safety performance. It demonstrates Air Products' world-leading expertise and experience in serving the semiconductor and electronics industries with safety, reliability and operational excellence."

The 55,000-square-meter site currently houses two large air separation units and a hydrogen plant which supply ultra-high purity nitrogen and other bulk gases including oxygen, argon, hydrogen, helium and compressed dry air to Samsung Electronics' Fab One. New bulk specialty gas and chemical delivery systems have also been constructed and are fully operational to serve the fab. More large air separation units will be built at the site to support future needs.

"Thanks to Air Products' profound expertise and timely and smooth supply to our fab, we have achieved differentiated competitiveness in the market and fulfilled the common dream of building the '21^st Century Electronics Silk Road' in Xi'an," commented Samsung's spokesperson. "We look forward to deepening the partnership with Air Products in our new voyage."

Air Products was awarded a bulk gas supply contract from Samsung Electronics in 2012, followed by another one to design and construct complete bulk specialty gas and chemical delivery systems for the fabs in XHTZ.

The memory products produced from the fabs will be widely used in portable devices such as smart phones, tablet computers, digital cameras, USB drive and other consumer electronics markets where China represents a major market.

About Air Products
Air Products (NYSE: APD) is a leading industrial gases company. For nearly 75 years, the company has provided atmospheric, process and specialty gases, and related equipment to manufacturing markets including metals, food and beverage, refining and petrochemical, and natural gas liquefaction. Air Products' materials technologies segment serves the semiconductor, polyurethanes, cleaning and coatings, and adhesives industries. Over 20,000 employees in 50 countries are working to make Air Products the world's safest and best performing industrial gases company, providing sustainable offerings and excellent service to all customers. In fiscal 2014, Air Products had sales of $10.4 billion and was ranked number 276 on the Fortune 500 annual list of public companies. 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