LEHIGH VALLEY, Pa., Jan. 12, 2011 /PRNewswire-Asia/ -- Air Products (NYSE: APD) today announced its subsidiary in Taiwan, Air Products San Fu Co. Ltd., has signed a letter of intent (LOI) with United Microelectronics Corporation (UMC) to provide nitrogen and bulk gases to its new Fab 12 Phase Three and Phase Four in the Tainan Science Industrial Park (TSIP).
Air Products San Fu has established leading supply position in TSIP, the largest science park in Taiwan. It serves its customers through large, ultra-high purity (UHP) bulk gas facilities and a pipeline that is fed by one of the world's largest UHP nitrogen facilities. Air Products will supply nitrogen to UMC's new 300mm wafer fab via its extended pipeline system in the park.
"UMC is a leading global semiconductor foundry and has been a strategic customer for Air Products. We are honored to again be selected to support their business growth," said Corning Painter, vice president and general manager, Electronics for Air Products. "TSIP is one of the largest science parks in the world with a cluster of key electronics companies whose demand for gases have been growing along with the industry recovery. Our pipeline system and bulk gases facilities have created a reliable and flexible network to meet any new volume demand in a quick and cost-effective way."
Air Products' customers in TSIP include major TFT-LCD manufacturers and other semiconductor customers. UMC is the world's second largest foundry company and a leading 300mm wafer manufacturer. When Phase Three and Phase Four comes on-stream, Fab 12's total annual capacity is estimated to reach one million 300mm wafers.
For more information on Air Products' electronics business, please go to www.airproducts.com/electronics.
About Air Products
Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2010, Air Products had revenues of $9 billion, operations in over 40 countries, and 18,300 employees around the globe. 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, 2010.
Media Inquiries:
(Asia)
Jessica Cheng
Tel: +852-2863-0585
Email: chengjs@airproducts.com.
(U.S.)
Robert Brown
Tel: +1-610-481-1192
Email: brownrf@airproducts.com.
Investor Inquiries:
Simon Moore
Tel: +1-610-481-7461
Email: mooresr@airproducts.com.
