Published:
Air Products to Supply Bulk Gases to SCHOTT Solar
LEHIGH VALLEY, Pa., Sept. 2 /PRNewswire-FirstCall/ -- Air Products
(NYSE: APD) announced an agreement to supply SCHOTT Solar's new production
facility inAlbuquerque, N.M. with liquid nitrogen, oxygen, argon and
hydrogen. The new plant, which will manufacture photovoltaic modules and
receivers for concentrated solar thermal power plants, is expected on-stream
in the spring of 2009.
"We are proud that Air Products' expertise in the safe and efficient
handling and delivery of bulk liquid gases helped win this new business and we
look forward to growing with SCHOTT Solar in the future," said Jeff Handelman,
general manager, Photovoltaics, for Air Products. "We view the solar market as
a strategic growth engine for Air Products' Electronics division. Our strong
materials position globally, along with our technology, supply chain and
project management experience fits well with the needs of this industry."
With the demand for renewable energy and improved efficiency on the rise,
Air Products is well positioned to take advantage of these emergent markets
due to its experience in areas such as: large scale hydrogen supply for
cleaner transportation fuels, developmental work on the hydrogen economy,
hydrogen vehicle fueling and infrastructure issues, leading natural gas
liquefaction technology, advanced materials for lithium ion electrolytes for
longer life batteries, and now the mounting supply of gases and services for
photovoltaics.
To learn more about Air Products' offerings to the photovoltaics market,
please visit: www.airproducts.com/photovoltaics
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. Air
Products has annual revenues of $10 billion, operations in over 40 countries,
and 22,000 employees around the globe. For more information, visit
www.airproducts.com.
About SCHOTT Solar
SCHOTT Solar's high quality products exploit the virtually inexhaustible
potential of the sun as a renewable source of energy. For this purpose SCHOTT
Solar produces important components for photovoltaic applications and solar
energy plants with parabolic trough technology. In the photovoltaic industry,
the company is one of the few integrated manufacturers of crystalline silicon
wafers, cells and modules. Wafer production is mainly carried out through a
WACKER SCHOTT Solar joint venture, which ensures the supply of silicon
necessary for long-term growth.
Thanks to over 20 years of experience in thin-film technology, SCHOTT
Solar also regards itself as one of the industry's cutting-edge companies. In
receiver production for solar power plants with parabolic trough technology,
SCHOTT Solar considers itself to be the market and technology leader. The
receivers are key components in large-scale power plants that generate
electricity from solar energy centrally on the basis of parabolic trough
technology and can supply entire cities with power.
SCHOTT Solar has production facilities inGermany, theCzech Republic, the
USA andSpain. SCHOTT Solar's innovative power and technological expertise
date back to the late 1950s. SCHOTT Solar GmbH is a wholly owned subsidiary of
the international SCHOTT technology group. The SCHOTT develops special
materials, components and systems for the household appliance, pharmaceutical,
solar energy, electronics, optical and automotive industries. With around
16,700 employees, the SCHOTT Group generated a worldwide turnover of about 2.1
billion euros in fiscal year 2006/2007.
***NOTE: This release may contain forward-looking statements. Actual
results could vary materially, due to changes in current expectations.
SOURCE Air Products
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