Air Products has been awarded a contract to supply on-site nitrogen to Samwha Capacitor’s new multi-layer ceramic capacitor (MLCC) plant in South Korea, the US industrial gas giant said today.
Samwha Capacitor, an affiliate of Samwha Capacitor Group, already receives on-site nitrogen from Air Products at its to Samwha Capacitor’s Yongin site, which produces MLCCs for the automotive and electronics industries.
Under the new contract, Air Products will expand its nitrogen capacity to support the increasing demand from Samwha Capacitor’s existing and new plants.
“Air Products is honoured to strengthen our relationship with Samwha Capacitor and be selected once again to support their growth and expansion.” Said Kyo-Yung Kim, President of Air Products Korea.
“Advancements in automotive, 5G and other modern technologies are expected to remain a key driver of MLCC demand.”
“Our safety, reliability, operational excellence and experience will continue to position us to support the robust development of Korea’s MLCC market.”
MLCCs are passive electronic components that store electrical energy. MLCCs are used widely in electric and autonomous vehicles and other technology fields due to their small size and large storage capability.