News Summary
Air Products has inaugurated a new air separation facility in Cleveland, enhancing its industrial gas production capabilities. The facility provides essential gases including oxygen, nitrogen, and argon, supporting various industries and increasing supply capacity for local customers. This facility marks a significant investment in the local economy and reinforces Air Products’ strategic presence in the Great Lakes industrial gas market.
Cleveland, Ohio – Air Products, a global leader in industrial gases, has officially opened its new air separation facility in Cleveland, which is now operational and supplying customers in the region. This new facility, built, owned, and operated by Air Products, enhances the company’s presence in the key merchant market.
The new Cleveland facility comes with advanced liquid production capabilities, offering vital gases such as gaseous oxygen, gaseous nitrogen, and liquid argon. It will serve as a liquid back-up source for onsite gaseous supply to several customers in the Cleveland area. This addition is set to significantly bolster Air Products’ capacity to meet the demands of various industries, including chemicals, electronics, fabricated metals, food, health and medical, primary materials, and utilities.
Francesco Maione, the President of Air Products for the Americas, noted that this facility expands the strategic footprint of the Cleveland operations in a crucial market sector. The company has been a familiar presence in Cleveland since the 1960s, establishing a robust foundation for the supply of industrial gases to its diverse customer base.
In addition to servicing current customers, the Cleveland facility will also cater to more clients within the regional merchant market. The facility not only represents a significant investment in the local economy, but it also demonstrates Air Products’ commitment to enhancing its gas production capabilities in a growing market.
Air Products is also taking initiatives to extend the operational life of an existing air separation unit and liquefier plant at the same location. This investment reflects the company’s strategy to maximize its resources and sustain its leadership position in the industrial gas sector.
The Great Lakes industrial gas market is projected to reach approximately $3.99 billion in revenue by 2024. With Air Products ranked as the second-largest industrial gas company in the Great Lakes region, the company is well-positioned to take advantage of the anticipated growth in this sector. In the fiscal year 2024, Air Products reported sales totaling $12.1 billion, showcasing its significant presence not just in the U.S. but across approximately 50 countries worldwide.
The operational launch of the Cleveland facility aligns with Air Products’ overall mission to deliver innovative gas solutions and expand its product offerings to cater to evolving customer needs in diverse industries. The facility’s ability to provide liquid and gaseous products represents a key asset in supporting regional industrial activities and maintaining the supply chain efficiency for its customers.
With the new facility, Air Products intends to remain a pivotal player in the industrial gas market of the Great Lakes region, ensuring reliable supply and fostering economic growth within the local community. The commitment to advancing capabilities through state-of-the-art facilities like the one in Cleveland signifies a positive outlook for future growth and expansion in this critical market sector.
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Air Products Launches New Air Separation Facility in Cleveland
Additional Resources
- Gas World: Air Products Expands in Cleveland with New ASU
- Investing.com: Air Products Brings New Cleveland Air Separation Facility Online
- PennBizReport: Air Products Cleveland Facility Operational
- Wikipedia: Air Products and Chemicals
- Google Search: Air Products Cleveland
Author: STAFF HERE CLEVELAND WRITER
CLEVELAND STAFF WRITER The CLEVELAND STAFF WRITER represents the seasoned team at HERECleveland.com, your premier source for actionable local news and information in Cleveland, Cuyahoga County, and beyond, delivering "news you can use" with in-depth coverage of product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news impacting the region—backed by years of expert reporting and robust community input, including local press releases and business updates, while providing top reporting on high-profile events like the Rock and Roll Hall of Fame inductions, Cleveland International Film Festival, and holiday parades, alongside key organizations such as the Cleveland Clinic, Cleveland Orchestra, and Great Lakes Science Center, plus leading businesses in manufacturing and healthcare like Sherwin-Williams and University Hospitals, and as part of the broader HERE network including HEREDayton.com, offering comprehensive, credible insights into Ohio's vibrant landscape. HERE Cleveland HERE Dayton
