APD Boosts Hydrogen Generator Capacity - Analyst Blog
June 26 2013 - 7:30PM
Zacks
Industrial gas giant Air Products & Chemicals
Inc. (APD) has extended its PRISM Hydrogen Generator
product line and can now produce more than 4,500 normal cubic
meters of hydrogen per hour (4.1 million standard cubic feet per
day).
Air Products' PRISM Hydrogen Generators, used for on-site gas
production, are based on the company's proprietary reformer
technology in combination with hydrogen pressure swing adsorption
capabilities. The generators can offer hydrogen at very low cost to
industries such as chemical processing, glass, electronics, steel
and metals processing in all geographic locations worldwide.
Air Products has so far contracted more than 30 and installed
over 20 PRISM Hydrogen Generators that are operating around the
world. Currently, Air Products is working with various global
applications for larger PRISM hydrogen plants. It can readily
access Air Products' global sales, supply chain, product
manufacturing, and operations network to meet the broad range of
customer requirements around the world.
These PRISM Hydrogen Generators feature a compact modular design
that facilitates easy field installation, a fast start-up and
delivers high reliability. Air Products has a separate technical
support team that enhances customer’s safety, helps to increase
process efficiency and optimizes gas usage.
Air Products is the leading global supplier of hydrogen to
refineries and is the world's largest hydrogen distribution
network. The company is involved in over 150 hydrogen fueling
projects in the U.S. and 20 countries globally. The extension of
the PRISM Hydrogen Generators for on-site gas production is an
important addition to the Air Products portfolio of hydrogen supply
options together with traditional bulk liquid and gas delivery,
large on-site HyCO plants and pipeline supply.
Air Products currently holds a Zacks Rank #4 (Sell).
Other companies in the chemical industry having favorable Zacks
Rank are PPG Industries Inc. (PPG),
Methanex Corporation (MEOH) and FMC
Corp. (FMC). All of them hold Zacks Rank #2 (Buy)
AIR PRODS & CHE (APD): Free Stock Analysis Report
FMC CORP (FMC): Free Stock Analysis Report
METHANEX CORP (MEOH): Free Stock Analysis Report
PPG INDS INC (PPG): Free Stock Analysis Report
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