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Air Products Plans to Build New Liquid Nitrogen Production Plant in Oklahoma

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Mar 2 2011

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Air Products (NYSE: APD) announced today plans to build, own and operate a new liquid nitrogen production facility in Mooreland, Oklahoma.

The new facility, to have an approximate 250 ton per day capacity, will strengthen Air Products’ existing leadership position in supplying the region’s oilfield services market. The Mooreland plant is to be on stream in 2012.

“The decision to build this facility will expand our supply position in this market which largely serves the oilfield services industry. The plant will both assist in meeting increased liquid product demand and enhance our responsiveness level to customers for needed services,” said Nelson Squires, vice president, North America Merchant Gases at Air Products.

Air Products has supplied nitrogen and oxygen for upstream oil and gas production and processing for more than 40 years utilizing a variety of supply modes along with the most comprehensive package of value-added technologies, services and equipment available.

Source:

http://www.airproducts.com/

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