Air Products (AP) recently announced it has been awarded the on-site oxygen and nitrogen supply for POSCO Chemical’s new cathode material manufacturing complex being built in Gwangyang, South Korea.
To support POSCO Chemical’s new production line, AP will build, own and operate two air separation units, which are scheduled to come on-stream in 2020.
“AP has been supplying pipeline oxygen to POSCO Chemical’s existing site in Gumi for producing cathode materials used in secondary batteries. We are honored to have their continued confidence in our capabilities to support their expansion into Gwangyang,” said Kyo-Yung Kim, president of Air Products Korea.
Demand for secondary batteries in Korea continues to increase sharply, which is in part fueled by the rapid growth of electric vehicles and energy storage systems due to environmental trends. |