CLARK
FREEPORT – A leading Japanese industrial gas firm will be investing P1.35
billion for the establishment of an air separation facility here, the Clark
Development Corporation (CDC) announced.
Masahiko
Kitabatake, president of INGASCO, Inc., on Monday led the groundbreaking
ceremony for the establishment of an air separation facility project of Taiyo
Nippon Sanso Clark, Inc., a whole subsidiary of INGASCO, Inc.
According
to Project Manager Noel Ret Sampol, Taiyo Nippon Sanso Clark, Inc. will pour
P1.35 billion for the project and will employ some 30 personnel during its
initial construction phase and at least 300 workers once the facility is fully
operational.
CDC
President Arthur P. Tugade, in his speech, described the groundbreaking ceremony
as a timely event. At the same, Tugade also pledged the CDC’s commitment and
support to the company.
In
2011, President Benigno Simeon C. Aquino III witnessed the signing of a
reservation agreement and term sheet between INGASCO and CDC during the Chief
Executive’s state visit to Japan.
The
fuel facility will be located in a 32,928-square-meter area along Panday Pira
Avenue here.
The
project would include the installation of mechanical and electrical equipment
used for air separation such as cryogenic distillation column, column,
multi-stage air compressors, pumps, electrical substation, cooling towers, and
cryogenic storage tanks, among others.
Once
fully operational, INGASCO will be capable of supplying nitrogen, argon, and
oxygen to big Clark-based firms like Texas Instruments (TI) and Phoenix
Semiconductor Philippines Corporation (PSPC), and other electronic and
semiconductor companies.
The
facility will have an output capacity of 10,100 Nm3 per hour for the production
of liquid oxygen (LOX), liquid nitrogen (LIN), and liquid argon (LAR),
including major process areas in filtration, air compression, pre-purification,
liquefaction and separation/distillation, storage and product loading.
INGASCO
is 70 percent owned by its mother company Taiyo Nippon Sanso Corporation
(TNSC), a major supplier of industrial gases such as oxygen, nitrogen and argon
to a wide range of industries, including the steel, chemical, electronics,
automobile, construction, shipbuilding, and food industries.
The
company also develops and manufactures gas-applied devices and equipment and
plays a vital role in the frontiers of science and environmental preservation,
as well as the Japan National Hydrogen Project.
Aside
from its industrial gas business, the corporation is also involved in the
supplying medical oxygen and other high-quality gases to medical institutions.
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