Air Products and Air Liquide have signed a long-term contract with Beijing BOE Optoelectronics Technology (BOE OT) to supply bulk gases to its newest TFT-LCD (Thin Film Transistor-Liquid Crystal Display) manufacturing facility in Beijing
Air Products and Air Liquide will form a 50/50 joint venture to build and operate a new $30 million air separation unit (ASU) in the Beijing Economic Technological Development Area (BDA).
Scheduled to come on-stream in the second half of 2005, this facility will have the capacity to produce 12,000 cubic metres per hour of ultra-pure nitrogen for pipeline supply to BOE OT and approximately 430 tons per day of liquid oxygen, nitrogen and argon for the merchant market. The joint venture will also have the capacity and the right to supply bulk gases via pipeline to other customers in BDA.
According to Air Products, the market for TFT-LCDs, which are commonly used for flat panel screens in televisions, computer monitors and other electronic devices, has continued to grow annually at more than 30 percent, outpacing the growth being experienced by the silicon semiconductor industry.