Air Products to Build and Operate a New Hydrogen Plant at ExxonMobil's Joliet, Illinois Oil Refinery
August 22 2005 - 11:14AM
PR Newswire (US)
Long-Term Hydrogen Supply Agreement Signed with U.S. Refiner for
Clean Fuels Project LEHIGH VALLEY, Pa., Aug. 22
/PRNewswire-FirstCall/ -- Air Products (NYSE:APD) announced today
that it has signed an agreement with ExxonMobil Oil Corporation to
build, own and operate an 18 million standard cubic feet per day
(MMSCFD) hydrogen facility adjacent to the ExxonMobil Joliet
Refinery in Illinois. The Air Products facility, an integrated
steam methane reformer and recovery system processing refinery
offgas, is expected to be on-stream in May 2006 and supply hydrogen
and steam to ExxonMobil's Joliet Refinery under a long-term
agreement. "We are pleased to begin working with ExxonMobil at
Joliet, and at the same time extend a relationship that is over 20
years long with our involvement at other ExxonMobil facilities,"
said Jeff Byrne, Air Products' vice president and general manager,
Refining and Process Industries. "Meeting the high reliability
needs of our customers is one of Air Products' strengths and has
led to numerous long-term relationships within the refining
industry." Air Products' hydrogen production facility will assist
ExxonMobil's Joliet Refinery to produce lower sulphur
transportation fuels. The supply arrangement is one of over 30 that
the company has undertaken with worldwide refiners in the past 15
years. The Joliet hydrogen facility will be the 27th to be built
under the global alliance between Air Products and Technip. This
alliance continues to provide the worldwide refining industry with
competitive technology, plus world-class safety with "over the
fence" hydrogen supply. Technip provides the design and
construction for hydrogen generation units while Air Products
provides the gas separation technology. Air Products, through its
extensive operating network, and Technip, from its large reference
base, also bring effective operational and engineering knowledge to
"design-in" high reliability and efficiency. The plants are
operated and maintained by Air Products under long-term agreements
with customers. This project adds to the list of hydrogen
production facilities recently announced by Air Products which are
currently under construction. These facilities are located in Port
Arthur and Baytown, Texas; Convent, Louisiana; as well as Edmonton,
Alberta and Sarnia, Ontario in Canada. About Air Products Air
Products (NYSE:APD) serves customers in technology, energy,
healthcare and industrial markets worldwide with a unique portfolio
of products, services and solutions, providing atmospheric gases,
process and specialty gases, performance materials and chemical
intermediates. Founded in 1940, Air Products has built leading
positions in key growth markets such as semiconductor materials,
refinery hydrogen, home healthcare services, natural gas
liquefaction, and advanced coatings and adhesives. The company is
recognized for its innovative culture, operational excellence and
commitment to safety and the environment and is listed in the Dow
Jones Sustainability and FTSE4Good Indices. The company has annual
revenues of $7.4 billion, operations in over 30 countries, and
nearly 20,000 employees around the globe. For more information,
visit http://www.airproducts.com/. About Technip With a workforce
of about 19,000 persons, Technip ranks among the top five
corporations worldwide in the field of oil, gas and petrochemical
engineering, construction and services. Headquartered in Paris, the
Group is listed in New York and Paris. The Group's main engineering
and business centers are located in France, Italy, Germany, the UK,
Norway, Finland, the Netherlands, the USA, Brazil, Abu-Dhabi,
China, India, Malaysia and Australia. Technip is the leading
supplier of hydrogen production facilities with more than 180
hydrogen plants and 200 steam methane reformers around the world.
The Group has high- quality industrial and construction facilities
in France, Brazil, the UK, the USA, Finland and Angola and has a
fleet of specialized vessels for pipeline installation and subsea
construction. More information can be found at
http://www.technip.com/. ***NOTE: This release may contain
forward-looking statements. Actual results could vary materially,
due to changes in current expectations. DATASOURCE: Air Products
CONTACT: Media Inquiries: (Air Products) Art George,
+1-610-481-1340, , or (Technip) Laurence Bricq, +33 (0) 1 47 78 26
37, fax: +33 (0) 1 47 78 24 33, , or Marina Toncelli, +33 (0) 1 47
78 66 69, fax: +33 (0) 1 47 78 24 33, ; Investor Inquiries: (Air
Products) Philip Sproger, +1-610-481-7461, Web site:
http://www.technip.com/ Web site: http://www.airproducts.com/
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