LEHIGH VALLEY, Pa.,
Jan. 27, 2021 /PRNewswire/
-- Air Products' (NYSE: APD) vice president - Hydrogen
for Mobility Solutions, Eric Guter,
took part in a virtual panel discussion today detailing the
findings of the Fuel Cell & Hydrogen Energy Association's
(FCHEA) "Road Map to a U.S. Hydrogen Economy" report.
The panel was part of FCHEA's northeast launch of the 96-page
Road Map to a U.S. Hydrogen Economy report, which was created by a
coalition including Air Products and 19 other major hydrogen, oil,
gas, power, automotive, and fuel cell companies. The comprehensive
report details how the United
States can expand its global energy leadership by scaling up
activity in the rapidly emerging and evolving hydrogen economy. The
creation of the report was coordinated and managed by FCHEA.
"At Air Products, we are committed to developing new sources and
types of hydrogen to meet increasing market needs," said Guter. "As
a leader in hydrogen production for decades, we have the
capabilities and know-how to provide the hydrogen needed to
eliminate greenhouse gases from hard to abate sectors of the
economy. We believe world-scale projects, such as the NEOM project,
are required to rapidly reduce the cost of green hydrogen and more
quickly help the world reduce its carbon footprint."
Hydrogen, when used in fuel cell applications, eliminates
vehicle emissions as the only emission is water. As a world-leading
producer of hydrogen and hydrogen for mobility applications, Air
Products provides solutions from hydrogen supply to distribution to
dispensing and has made significant investments to accelerate the
transition to zero-carbon transportation.
Last year, Air Products, in conjunction with ACWA Power and
NEOM, announced the signing of an agreement to build a $5 billion world-scale green hydrogen-based
ammonia production facility powered by renewable energy. The green
ammonia production project site is located in NEOM, in the
northwest corner of the Kingdom of Saudi
Arabia.
The joint venture project will include the innovative
integration of over four gigawatts of renewable power from solar,
wind and storage; production of 650 tons per day of hydrogen by
electrolysis; production of nitrogen by air separation using Air
Products' technology; and the production of 1.2 million tons per
year of green ammonia. The project is scheduled to be onstream in
2025. Air Products will be the exclusive off-taker of the green
ammonia and intends to transport it around the world to be
dissociated into what is known as green hydrogen for use in the
transportation market and other industries.
Air Products also made significant investments to increase
hydrogen production in the U.S. This year, Air Products' newest
liquid hydrogen plant at its La Porte,
Texas industrial gas facility is scheduled to go onstream.
Once onstream, the liquid hydrogen plant will produce approximately
30 tons of liquid hydrogen per day. It will draw its hydrogen from
Air Products' existing Gulf Coast hydrogen pipeline system
network.
Air Products operates extensive hydrogen pipeline networks
around the world, including the nearly 700-mile Gulf Coast Pipeline
Network – the world's largest – connected to more than 20 hydrogen
production facilities and with a system capacity of 1.7 billion
standard cubic feet per day.
Also, in Port Arthur, Texas,
Air Products operates the largest CO2 purification and
capture project for enhanced oil recovery by an industrial gas
company. Air Products designed, constructed and operates the
state-of-the-art system to capture CO2 from two steam
methane reformers located at a Port
Arthur refinery. The CO2 removal technology was
retrofitted to the SMRs, which produce hydrogen to assist in the
making of cleaner burning transportation fuels by refinery
customers on Air Products' Gulf Coast hydrogen pipeline network.
Since 2014 Air Products has captured over six million tons of
CO2 at Port Arthur that
has been put to beneficial use. Carbon capture is essential to producing what
is known as blue hydrogen.
And last year, in Santa Ana,
California, Air Products commissioned the nation's largest
fast-fill hydrogen bus fueling station at the Orange County
Transportation Authority (OCTA). The new fueling station, located
at OCTA's bus depot, was designed by Air Products and is equipped
with Air Products' hydrogen fueling technology. OCTA's current
hydrogen fuel cell electric bus fleet consists of 10 buses, but the
station is built for future growth. It has a bus fueling capacity
for more than 50 buses, which corresponds to fueling up to 1,500
kilograms (kg) of hydrogen in an eight-hour time period.
For more information on Air Products and its hydrogen for
mobility capabilities visit:
https://www.airproducts.com/gases/hydrogen.
About Air Products
Air Products (NYSE: APD) is a
world-leading industrial gases company in operation for 80 years.
Focused on serving energy, environment and emerging markets, the
Company provides essential industrial gases, related equipment and
applications expertise to customers in dozens of industries,
including refining, chemical, metals, electronics, manufacturing,
and food and beverage. Air Products is also the global leader in
the supply of liquefied natural gas process technology and
equipment. The Company develops, engineers, builds, owns and
operates some of the world's largest industrial gas projects,
including: gasification projects that sustainably convert abundant
natural resources into syngas for the production of high-value
power, fuels and chemicals; carbon capture projects; and
world-scale carbon-free hydrogen projects supporting global
transportation and the energy transition.
The Company had fiscal 2020 sales of $8.9
billion from operations in 50 countries and has a current
market capitalization of over $60
billion. More than 19,000 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 address the challenges
facing customers, communities, and the world. For more information,
visit www.airproducts.com or follow us on LinkedIn, Twitter,
Facebook or Instagram.
NOTE: This release may contain 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 reasonable expectations and assumptions as of
the date of this release regarding important risk factors. Actual
performance and financial results may differ materially from
projections and estimates expressed in the forward-looking
statements because of many factors not anticipated by management,
including risk factors described in the company's Form 10K for its
fiscal year ended September 30,
2020.
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SOURCE Air Products