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ABDULLAH HASHIM-AIR PRODUCTS JOINT VENTURE WINS CONTRACT TO SUPPLY NEW ASUs TO SHADEED IRON & STEEL
28th January 2008 — two new air separation units (ASUs) for Shadeed Iron & Steel’s production plant in the Sohar Industrial Port of Oman, will be supplied by a joint venture between the Abdullah Hashim Group of the Kingdom of Saudia Arabia and Air Products.
The ASUs will supply oxygen and nitrogen for iron and steel production at the Shadeed Iron & Steel facilities, in Sohar, Oman.
The ASUs have been designed and engineered by Air Products in the United Kingdom and are scheduled to come on stream in August 2008.
“We have a thirty-year relationship with the Abdullah Hashim Group, having supplied them with a number of ASU production facilities, and we regularly work together to supply ASUs to other clients in the region” explained Richard Boocock, vice president, Tonnage Gases Equipment & Energy, Europe and Middle East. “Abdullah Hashim is a well established and respected name. Combined with our large scale engineering capability and product supply reliability, together we have proved to be a winning formula for Shadeed.
“Air Products has built leadership positions in the wider Middle East supplying gases, equipment and operations expertise into sectors such as GTL, LNG and refining. Now, we are proving that we can compete and win in other sectors, such as steel production” concludes Richard.
Notes to the Editor:
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 Abdullah Hashim Group
AHG is a company of Abudullah Hashim Group. The Abdullah Hashim Group is a privately-owned Saudi company which has been in business for more than half a century. Turnover exceeds USD 450MM, and it employs more than 1700 people. T he group’s activities are in three main areas – the import and distribution of industrial and automotive vehicles and equipment, including the agency for Honda cars and motorcycles in Saudi Arabia; the distribution of welding equipment and related supplies; and the manufacture and distribution of a wide range of industrial and medical gases, from four production plants and seven distribution centres. Its industrial gases activities include the distribution of welding equipment and related supplies; and the manufacture and distribution of a wide range of industrial and medical gases, from four production plants and seven distribution centres. Abdullah Hashim Gases offer Project Engineering infrastructure including project design and installation, as well as extensive regional operation support and back-up liquid gases distribution. www.ahg.com.sa
About Shadeed Iron and Steel
UAE based Al Ghaith Holdings PJSC is setting up Shadeed Iron and SteelCo., Oman’s first and the Gulf region’s third iron and steel plant, investing some $750 million in a state-of-the-art production facility in the Sohar Industrial Port in the Batinah region. The plant shall comprise of DRI plant of 1.5 million Tons per annum capacity and steel melt shop of 1.1 million tones per annum capacity of steel billets. For more information visit www.shadeed.ae.
For further information, please contact:
Guenaelle Holloway
Air Products - Corporate Communications
Tel: +44 1932 249 245
Nelson Squires
Air Products - Investor Relations
Tel: (610) 481 7461
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