Air Products has announced that it has started up another new oxygen (O2) and nitrogen (N2) plant in Guangdong, South China, where it has already been serving for the past 30 years.
The new plant further enhances the company’s production capacity and supply position in this important industrial base, and supports a leading global manufacturer to produce materials for high-tech displays under a long term contract.
The state-of-the-art cryogenic air separation plant, capable of producing both gaseous O2 and N2, comes with an innovative modular design which allows for easy field installation and requires less land space.
Saw Choon Seong, China president, Industrial Gases at Air Products, said, “We are excited about bringing additional capacity to provide high quality and reliable industrial gases to help our customer meet their productivity, efficiency, quality and sustainability goals.”
“This latest investment will put Air Products in an even stronger position in this important region. It also represents our on-going commitment to supporting the Chinese government to achieve industrial development and upgrade under its 13th Five-Year-Plan and ‘Made in China 2025’ strategy,” Seong continued.
The Guangdong government is implementing the Intelligent Manufacturing Development Plan of Guangdong (2015-2025) to accelerate the transformation of the manufacturing sector from ’making’ to ‘innovating’. Increased industrial gases demand is expected from traditional core industries including electronics, glass, papermaking, automobiles, pharmaceuticals, food and beverage, as well as emerging segments including information and communications, advanced fabrication, new materials and biotechnology.
gasworld Senior Business Analyst, James Bar, comments, “This announcement reaffirms Air Products’ commitment to the Chinese gases business after the unsuccessful acquisition of Yingde. Air Products’ held an estimated market share of 9% of the Chinese industrial gas market in 2015.”