To fulfil growing customers need Air Products has brought on-stream its first cryogenic nitrogen plant in the Bayan Lepas Free Industrial Zone, Penang, Northern Malaysia. The Bayan Lepas Free Industrial Zone, located in Penang which is one of Malaysia’s most vital economic powerhouses.
- The new facility further expands the company’s capacity and reinforces its leading supply position in Penang to serve the fast-growing customer demand from the electrical and electronics (E&E).
- In Penang, the company’s two advanced air separation units in the Prai Industrial Park, together with an extensive pipeline network that expands into the Bukit Minyak Industrial Park and the Batu Kawan Industrial Park, provide a strong and highly reliable gases supply to its customers.
The major investments and acquisitions by Air Products are mentioned below:
Feb 2021: The leading liquefied natural gas (LNG) technology and equipment provider, Air Products had signed an agreement to provide its proprietary LNG technology & equipment to the Energia Costa Azul (ECA) LNG Export Terminal Project in Mexico.
July 2020: Air Products, in combination with ACWA Power and NEOM, signed an agreement for a $5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy.
July 2020: Air Products, signed a strategic cooperation agreement (SCA)with thyssenkrupp Uhde Chlorine Engineers for world-scale electrolysis plants to generate green hydrogen.
May 2020: Air Products has signed a definitive agreement for a long-term on-site contract for a world-scale coal-to-methanol production facility in Bengalon, East Kalimantan, Indonesia. Air Products will invest approximately USD 2 billion in Bengalon for coal-to-methanol facility.
April 2020: Air Products announced the completion of five steam methane reformer (SMR) hydrogen production plants from PBF Energy Inc. for approximately $530 million. The Hydrogen plants are located in Torrance and Martinez, California and Delaware City, Delaware, the USA.
March 2020: Air Products is building three new nitrogen plants near Zuidbroek, Groningen, in The Netherlands, along with N.V. Nederlandse Gasunie. The new nitrogen plants, to be operational by mid-2022.
February 2020: Air Products Qudra, a global Industrial gas leader is constructing a fully-integrated industrial gases hub in the Jubail Industrial City, Jubail, Saudi Arabia, in collaboration with the Royal Commission for Jubail and Yanbu. Air Products Qudra is a joint venture of Air Products and Qudra energy.
The investment includes building, owning, and operating a world-scale steam methane reformer (SMR) to produce hydrogen, an air stioeparan unit (ASU) to produce oxygen and nitrogen. The Air Products Qudras Jubail facility includes an ASU and PSAs, and the location will serve as the pipeline hub for industrial gases to be supplied to individual customer connections in the region.
January 2020: Air Products announced $500 million investment in the United States to build, own and operate (BOO) its largest-ever steam methane reformer (SMR) to produce hydrogen which will be connected to and extend, to approximately 700 miles. The company will also supply Gulf Coast Ammonias new world-scale Texas production plant.
About Air Products
Air Products is a world-leading industrial gases company in operation for over 75 years. The company provides industrial gases and related equipment to dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the worlds leading supplier of liquefied natural gas process technology and equipment. The company has more than 17,000 employees, and it has operations in about 50 countries in the world.