In honor of CryoGas International’s 25th Anniversary, Air Products takes a moment to reflect on some of the company’s highlights and challenges since CryoGas first began its comprehensive reporting on the industrial gas industry.
At the time CryoGas was preparing to publish its first magazine, Air Products was already a leader in the industrial gas industry. Spurred by new clean air regulations, increased use of high-sulfur crude oils, and larger demands for transportation fuels, the company was at the forefront of building hydrogen processing equipment for oil refiners, and was the leading global supplier of refinery hydrogen for making cleaner burning transportation fuels.
In the 1990s, Air Products also embarked on what would become a decade of moves to strengthen its position in the electronics industry. The company grew its business in Asia by forming joint ventures in Japan and Indonesia, establishing a new subsidiary in Singapore, and opening new facilities in Japan to supply products to the semiconductor market. It was during this time that Air Products became the worldwide leader in the production of nitrogen trifluoride, which continues to be the pre-eminent chamber cleaning material for the semiconductor industry.
In addition to growth in the electronics industry, Air Products completed acquisitions of Carburos Metálicos, which today is a leading industrial and medical gases supplier in Spain, and Permea, Inc., a leading supplier of membranes and adsorption gas separation systems for noncryogenic industrial gas production.
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