omniture

Air Products to Supply Nitrogen to Singapore Government's Jurong Rock Caverns

2014-04-01 10:00 2030

LEHIGH VALLEY, Pa., April 1, 2014 /PRNewswire/ -- Air Products (NYSE:APD), a leading global industrial gases and performance materials supplier, today announced it had been awarded a contract to supply liquid nitrogen to Singapore's Jurong Rock Caverns (JRC) project, an innovative underground storage facility for petrochemical products and the first of its kind in the country and across Southeast Asia.

JRC is developed by the JTC Corporation (JTC), a government agency responsible for industrial infrastructure development in Singapore. Located on Jurong Island, the JRC will complement and enhance the existing infrastructure that JTC has developed there to catalyse and support the growth of the chemicals and energy clusters. This will free up land for productive activities on the surface. Air Products' liquid nitrogen will be used as a blanketing gas for the oil storage caverns for safety purposes.

"We are honored to have been selected by JTC to take part in and supply this groundbreaking solution to oil storage needs," said Leong Wah Fong, managing director of Air Products Southeast Asia. "Singapore's energy and chemical industry is a strategic market for Air Products and we have built a solid foundation to serve its needs through diverse supply modes, from cylinders to tankers, onsite gas generators and pipeline. We will continue to expand our capabilities to support the industry's and customers' long-term development."

Air Products began serving petrochemical customers on Jurong Island in 1997 through an air separation plant located at Sakra. To meet the increasing gas demand in Singapore's major chemical hub, the company has recently announced a pipeline extension from the area to the newly developed areas in Tembusu to expand coverage.

With over 16 years of experience in the Singapore market, Air Products has established long-term relationships with a mix of local and multinational companies. In addition to the air separation plant on Jurong Island, the company also has a fleet of road tankers delivering liquid products, a helium and specialty gas plant in Senoko, an epoxy additives and a polyamide plant in Gul Crescent, supplying a wide array of industries in the country and other Asian markets.

Air Products has been a leading global supplier to the petrochemical industry for over 65 years. Its gas and technology solutions help customers increase sustainability and operational efficiency; improve safety and product quality; and lower total operating costs. Its APEX (Air Products Express) services offer fast, flexible temporary industrial gas supply for a wide range of pipeline applications, including product displacement, pig pushing, pressure testing, maintenance purging, line drying, and inerting.

Source: Air Products
Related Stocks:
NYSE:APD
Keywords: Oil/Energy
collection