Published by Todd Bush on July 17, 2024
New ASUs to Improve Productivity, Offer Sustainability Efficiencies and Operational Flexibility for Established and Growing Merchant Market
LEHIGH VALLEY, Pa., July 17, 2024 /PRNewswire/ -- Air Products (NYSE: APD), a world-leading industrial gases company, today announced two projects to enhance the sustainability, productivity, and operational flexibility of its base industrial gas business, as well as continuing commitment to the merchant industrial gas market. Air Products will construct two new air separation units (ASU) at its existing Conyers, Georgia and Reidsville, North Carolina locations. Both new ASUs will replace older units, provide additional capacity at the locations, and are projected to be onstream in 2026.
>> In Other News: Chesapeake Utilities Receives Approval for New Infrastructure to Support Three Renewable Natural Gas Projects in Florida
"Conyers and Reidsville have very attractive customer markets that Air Products has served for nearly five decades. The ASU assets at these locations have served Air Products very well and its customers very reliably. Now is the time to install new ASUs, which will have an even greater level of reliability, production, sustainability efficiencies and additional market growth," said Francesco Maione, Air Products' President, Americas.
Air Products is a world-leading company in the production and supply of oxygen, nitrogen and argon. Industrial gas products produced at Conyers and Reidsville will include liquid oxygen, liquid nitrogen, and liquid argon for the regional supply of the established and growing merchant markets. The diverse range of customers served by the respective facilities are markets including chemicals, food, metals processing, primary materials, fabricated metals, electronics and for distributors.
Maione added that, "Air Products is committed to its terrific base industrial gas business and our commitment is evidenced by the investment in these two new ASUs. We can ensure enhanced product reliability to regional customers in that these new units can act as back-ups to each other, as well as for other company facilities producing the same products in neighboring and nearby states."
Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products' base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the world's largest industrial gas and carbon-capture projects, supplying world-scale clean hydrogen for global transportation, industrial markets, and the broader energy transition. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and globally provides turbomachinery, membrane systems and cryogenic containers.
The Company had fiscal 2023 sales of $12.6 billion from operations in over 50 countries and has a current market capitalization of over $50 billion. More than 23,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and reimagine what's possible to address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com or follow us on LinkedIn, Twitter, Facebook, or Instagram.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🗑️ The Next Big Thing in Carbon Capture? Trash. ⚡ Hydrogen Hope on the Chopping Block: How ARCHES and Other Blue-State Projects Got Caught in the Crossfire 📊 GEP Expands Carbon D...
Inside This Issue 🔧 America Bets Big on Blue Hydrogen: Inside the Engine Revolution Backed by Top Institutions 🤖 Bringing AI to Carbon Capture: How Imperial College is Revolutionising Plant Operat...
Inside This Issue 💰 Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion 🚢 AiPs Obtained for Liquefied CO₂ Carrier Design and Floating Liquefied Storage Facility 🌱 Stoc...
Ocean Visions Releases Comprehensive Marine Carbon Dioxide Removal Ecosystem Database
WASHINGTON, DC, UNITED STATES, April 2, 2025 /EINPresswire.com/ — Ocean Visions has released a comprehensive database that provides an in-depth repository of the diverse entities in the marine carb...
Deal with Microsoft enables science research at Terradot project site in Brazil SAN FRANCISCO – Terradot, a leader in Enhanced Rock Weathering (ERW) technology, today announced an agreement with M...
Hyaxiom, Inc., Announces Nation's First Multi-megawatt, Multi-story Installation Fuel Cell Project
Charter Oak Combined Heat and Power (CHP) Project in Bridgeport aims to deliver low-emission power, high CHP efficiency, and local energy benefits EAST HARTFORD, Conn., April 2, 2025 /PRNewswire/ ...
SLINGERLANDS, N.Y., April 03, 2025 (GLOBE NEWSWIRE) -- STEF Group, European leader in transport and logistics services for temperature-controlled food products, has recently launched two hydrogen p...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.