LEHIGH VALLEY, Pa.,
June 26, 2019 /PRNewswire/
-- Air Products (NYSE: APD) today announced it has been
awarded a contract by MEMC Korea to supply a new 300mm silicon
wafer fab being built adjacent to its existing fab in Cheonan,
South Korea. MEMC
Korea—wholly-owned by GlobalWafers, which is the world's third
largest silicon wafer manufacturer—is a leading global wafer
supplier to the semiconductor industry.
Air Products will provide MEMC Korea's new production line with
its turnkey solutions, including a PRISM® high purity nitrogen
(HPN) on-site generator and associated systems, liquid argon, and
operation and maintenance services.
"We are honored to be selected by MEMC Korea to support their
new site. It demonstrates their confidence in Air Products'
capabilities and proven record of supplying leading global and
local electronics customers," said Kyo-Yung
Kim, president of Air Products Korea. "Emerging
technologies, such as artificial intelligence, Internet of Things,
autonomous vehicles, 5G and virtual reality, continue to propel the
demand for microprocessors, memory chips, and thus silicon wafers.
We will continue to support the robust development of Korea's
semiconductor and electronics industries with our safety,
reliability, efficiency and excellent
service."
GlobalWafers is a global leader in semiconductor technology and
has been a pioneer in the design and development of wafer
technologies for over 50 years, supplying many world-leading
semiconductor companies. It has manufacturing, and research and
development facilities in the U.S., Europe and Asia, including Korea, Taiwan and Malaysia.
On-site gas generation helps sustainability-minded customers
lower carbon footprint, boost energy efficiency, increase
throughput, enhance end product quality, and improve environmental
performance. Air Products' PRISM product line provides reliable,
economical and eco-friendly on-site supply solutions. Its modular,
packaged design enables quick installation, easy integration, and
flexible operating patterns. The PRISM HPN system produces one of
the industry's purest grades of nitrogen. For more information,
visit Air Products' On-site Gas Generation web page.
A leading integrated gases supplier, Air Products has been
serving the global electronics industry for more than 40 years,
supplying industrial gases safely and reliably to most of the
world's largest technology companies. The company is working with
these industry leaders to develop the next generation of
semiconductors and displays for tablets, computers and mobile
devices.
About Air Products
Air Products (NYSE:APD) 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 world's leading
supplier of liquefied natural gas process technology and
equipment.
The Company had fiscal 2018 sales of $8.9
billion from operations in 50 countries and has a current
market capitalization of over $45
billion. Approximately 16,000 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 address the
challenges facing customers, communities, and the world. For more
information, visit www.airproducts.com.
NOTE: This release may contain forward-looking statements
within the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
based on management's reasonable expectations and assumptions as of
the date of this release regarding important risk factors. Actual
performance and financial results may differ materially from
projections and estimates expressed in the forward-looking
statements because of many factors not anticipated by management,
including risk factors described in the Company's Form 10K for its
fiscal year ended September 30,
2018.
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SOURCE Air Products