Air Products has been awarded the oxygen and nitrogen supply for POSCO Chemical’s new cathode material manufacturing complex being built in Gwangyang, South Korea.
POSCO Chemical is an affiliate of POSCO Group, the largest integrated steelmaker in Korea and one of the largest globally.
The Tier One company has been supplying pipeline oxygen to POSCO Chemical’s excising site in Gumi for producing cathode materials used in secondary batteries.
To support POSCO Chemical’s new production line, Air Products will build, own and operate two air separation units, which are scheduled to come on-stream in 2020.
“POSCO Chemical has been a strategic customer of Air Products, and we are honoured to have their continued confidence in our capabilities to support their expansion into Gwangyang,” said Kyo-Yung Kim, President of Air Products Korea.
“Demand for secondary batteries in Korea continues to increase sharply, which is in part fuelled by the rapid growth of electric vehicles and the energy storage systems due to environmental trends. Air Products will continue to look for opportunities to bring reliable and efficient gas solutions to this burgeoning industry,” Kyo-Yung Kim concluded.
Air Products has been awarded a gold medal for its Corporate Social Responsibility (CSR) performance in 2018 from EcoVadis, a multinational CSR ratings agency.
Air Products will showcase its gas and equipment solutions for improve seafood production at Seafood Expo North America in Boston, Mass., from 17th-19th March.
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