Air Products and Chemicals To Supply Malaysia's First LNG-Based Air Separation Unit For Petronas Gas Berhad-Led Joint Venture; To Design, Build And Operate LNG-Based ASU in Johor; Facility To Produce Over 600 Tonnes Per Day, Expected Onstream By Early 2027;

Air Products (NYSE:APD), a world-leading industrial gases company that has served Malaysia for more than 50 years, today announced it has concluded the definitive agreement with PG Cold Energy 1 Sdn. Bhd. (PGCE1), a joint venture led by PETRONAS Gas Berhad via PG Energia Sdn. Bhd. and DIALOG Group Berhad via DIALOG Equity (Three) Sdn. Bhd. Under the arrangement, Air Products is responsible for the design, build and operation of the LNG-based Air Separation Unit (ASU) at the Pengerang LNG regasification terminal in Johor. The facility will produce more than 600 tonnes of liquid oxygen, nitrogen and argon per day and is expected to come onstream by early 2027.