Air Products Announces the Official Opening of its State-of-the-Art CO2 Plant in Navoi, Uzbekistan

Air Products (NYSE: APD), a global leader in industrial gases, proudly announces the official opening of its first clean carbon dioxide (CO₂) production facility in the Republic of Uzbekistan. This milestone comes with the successful first customer deliveries from the plant.

The cutting-edge facility utilizes raw CO₂ captured from the ammonia line production at Navoiazot, the region's leading chemical producer. With a production capacity of 120 tonnes per day, this plant is not only Uzbekistan’s largest and most modern but also produces the first food-grade CO₂ production in the Republic, with a proven product purity of 99.99%.

"The opening of our Navoi CO₂ plant marks an important moment for us and the Republic of Uzbekistan,” said Kirill Korotkov, Merchant General Manager of Air Products. “By optimizing the captured CO₂ from the ammonia production process, we are not only contributing to a cleaner environment but also providing regional businesses with access to high-quality CO₂. This operation exemplifies our commitment to sustainability and innovation in the industrial gases sector."

The new CO₂ production facility will reduce greenhouse gas emissions, with an estimated avoidance of nearly one million tonnes over the project lifecycle. This aligns with the Republic of Uzbekistan’s imperative to support environmental initiatives.

With this project, Air Products aims to support to diverse industries such as food freezing and modified atmosphere packaging (MAP), beverage production, welding, and agriculture. The facility will operate around the clock to ensure a reliable supply of CO₂, enabling local manufacturers to operate without interruptions during peak demand periods. 

About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global supplier of hydrogen, Air Products also develops, engineers, builds, owns and operates some of the world's largest clean hydrogen projects, supporting the transition to low- and zero-carbon energy in the industrial and heavy-duty transportation sectors. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products had fiscal 2024 sales of $12.1 billion from operations in approximately 50 countries and has a current market capitalization of over $60 billion. Approximately 23,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products’ higher purpose to create innovative solutions that benefit the environment, enhance sustainability and reimagine what's possible to address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.uz or follow us on LinkedIn, Instagram and Telegram.

This release contains “forward-looking statements” within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.