October 27, 2015 - 7:00 PM EDT
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Kiewit Energy Company, Air Products Announce Modularized Offering for Smaller Scale LNG Projects

Kiewit Energy Company (Kiewit Energy) and Air Products have agreed to collaborate on small-scale liquefied natural gas (LNG) projects in North America to meet the growing demand for LNG production. The collaboration provides customers with a one-stop-shop and rapid response to the design, construction and commissioning of projects.

“Natural gas consumption — particularly in the transportation sector — will have a significant impact on the demand for LNG, and our customers need effective, practical ways to move gas resources to market,” said Dan Lumma, senior vice president for Kiewit Energy Group Inc. “Working jointly, Kiewit Energy and Air Products offer customers the best combination of performance, cost and delivery.”

The modularized design and technology offered by Kiewit Energy and Air Products can be used on projects that produce up to 500,000 gallons per day of LNG. Through a unified approach, Kiewit Energy is responsible for project management, overall engineering and design, construction and commissioning, while Air Products leads the design and supply the liquefaction equipment. This streamlined, collaborative approach helps ensure projects meet cost and schedule requirements.

“As a team, Kiewit Energy and Air Products are providing lump sum turnkey offerings that bring significant cost and time-saving benefits to customers,” said Larry Balascak, LNG commercial manager at Air Products. “With an extensive roster of successful LNG projects and experience in working together, we are well-equipped to serve customers considering smaller LNG facilities.”

Earlier this month, Kiewit Energy and Air Products entered into a formal agreement to solidify the alliance. The two companies are currently working together on an LNG export terminal and a peakshaver facility in the United States.

About Kiewit
Kiewit Corporation and its subsidiaries is one of North America’s largest and most respected construction and engineering organizations. With its roots dating back to 1884, the employee-owned organization operates through a network of subsidiaries in the United States, Canada and Australia. Kiewit offers construction and engineering services in a variety of markets including transportation, water/wastewater, power, oil, gas and chemical, building and mining. Kiewit had 2014 revenues of $10.4 billion and employs more than 25,700 staff and craft employees.

About Air Products
Air Products (NYSE:APD) is a leading industrial gases company. For nearly 75 years, the company has provided atmospheric, process and specialty gases, and related equipment to manufacturing markets including metals, food and beverage, refining and petrochemical, and natural gas liquefaction. A majority of the total worldwide LNG is produced with Air Products LNG liquefaction technology. Air Products’ materials technologies segment serves the semiconductor, polyurethanes, cleaning and coatings, and adhesives industries. Over 20,000 employees in 50 countries are working to make Air Products the world’s safest and best performing industrial gases company, providing sustainable offerings and excellent service to all customers. In fiscal 2014, Air Products had sales of $10.4 billion and was ranked number 276 on the Fortune 500 annual list of public companies. For more information, visit www.airproducts.com.

Kiewit
Angie Nemeth, 402-952-4627
Angela.Nemeth@kiewit.com
or
Air Products
Art George, 610-481-1340
georgeaf@airproducts.com


Source: Business Wire (October 27, 2015 - 7:00 PM EDT)

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