Air Products to Expand Nitrogen Capacity in Korea's Gumi National Industrial Complex

Air Products (NYSE:
APD
) today announced that it will increase production of gaseous nitrogen and expand its nitrogen pipeline in the Gumi National Industrial Complex, North Gyeongsang Province, Korea to serve the increasing demand of its electronics customers in the country's largest inland industrial complex. Air Products will build a new nitrogen plant at its site in the Gumi National Industrial Complex 2 and will expand its nitrogen pipeline to Complex 5. The pipeline currently delivers nitrogen to nearly 20 long-term photovoltaic and semiconductor customers across Complexes 1 to 4. The new plant is expected to be onstream in the summer of 2012 and will serve the increasing needs of existing customers as well as new demand in Complex 5.
Market News and Data brought to you by Benzinga APIs

Comments
Loading...