Air Products Inks Multiple Deals that Bosst Presence in Asia

12-Feb-2004

Air Products announced a number of new investments that will create new capacity and augment existing capabilities for several of its major electronics customers in Korea. Korea Industrial gases (KIG), a wholly owned subsidiary of Air Products in Korea, paved the way for the recent investments. Specifically, the company announced that KIG has:

Completed the commissioning of its third nitrogen air separation plant that feeds the Gumi pipeline network in Korea. The pipeline network supplies over 30 customers in the greater Gumi area, some of which uy both pipeline nitrogen and oxygen from KIG. The new plant was added to satisfy the rapidly growing demand of existing flat panel and semiconductor customers¯particularly LG Philips Limited with whom KIG has recently executed a new long-term supply agreement. Gumihas the biggest inland industrial complex mainly for electronics display industry¯also known as 'Display Mecca,' - and is located about 280 km South of Seoul.

Completed the commissioning of a new air separation plant feeding Samsung's Cheonan TFT-LCD flat panel manufacturing complex. This plant is the third unit at Cheonan in a series of large, high purity nitrogen generators serving the growing TFT-LCD flat panel market. KIG is the exclusive nitrogen supplier to the Samsung manufacturing complex in Cheonan, which consists of four large-scale TFT-LCD facilities.

Begun construction of a third air separation plant feeding Samsung's memory fab complex in Gihueng, Korea. This plant, slated for commissioning in two months, will greatly enhance KIG's pipeline supply to Samsung, particularly for the newly commissioned 300mm facility (Fab 12). KIG has been supplying Samsung at this site since 1996.

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