LEHIGH VALLEY, Pa.,
April 22, 2020 /PRNewswire/ -- The
50th Anniversary of Earth Day is the perfect reminder
that every person and corporation has a part to play in building a
more sustainable future.
At Air Products (NYSE:APD), a global leader in industrial gases,
sustainability is a core value. With a focus on serving energy,
environmental and emerging markets, all of which are central to
building a more sustainable future, the company's industrial gases
are critical to reducing emissions and increasing productivity
across manufacturing. Air Products is also working to solve the
world's urgent energy and environmental needs through large-scale
gasification, carbon capture, and hydrogen for mobility and energy
transition.
"Absolutely nothing is more important at this time than solving
the current COVID-19 crisis, which is the greatest global challenge
we all face today. At the same time, we must continue to address
very important sustainability issues which will not go away," said
Seifi Ghasemi, Chairman, President
and CEO at Air Products. "We will always need to protect our
environment, part of that is meeting the world's need for clean
sustainable energy, and we see ourselves at the heart that
issue. We look forward to continuing to work with our
employees, customers and partners to innovate and collectively
build a better future."
"Every year, Air Products develops and deploys technology for
the world to meet energy and productivity needs. This includes work
with businesses from energy to electronics, metals to
manufacturing, and chemicals to construction – our gas products and
technologies enable economic opportunities and foster healthy
communities around the world," said Simon
Moore, Vice President, Investor Relations, Corporate
Relations and Sustainability.
Below are some of Air Products' projects developed in the past
year and deployed to help meet global customers' significant energy
and productivity needs.
Capturing nearly one million tons of CO2 per year
for beneficial use in Texas. In Port
Arthur, Texas, Air Products operates the largest carbon
dioxide (CO2) purification and capture project for
enhanced oil recovery (EOR) by an industrial gas company. Air
Products designed, constructed and is operating the
state-of-the-art system to capture CO2 from its steam
methane reformers located at a refinery in Port Arthur. Since 2013, when it initiated
onstream capture operations as part of a United States Department
of Energy project, Air Products has captured over six million tons
of CO2 at Port Arthur
that has been put to beneficial use, supplied by a pipeline for EOR
in the state.
Opened the U.S.'s largest fast-fill hydrogen bus fueling
station. Located at the Orange County Transportation Authority's
(OCTA) bus depot in Santa Ana,
California, the station is equipped with Air Products'
SmartFuel® hydrogen fueling technology, design, and
equipment. OCTA's current hydrogen fuel cell powered electric bus
fleet is comprised of 10 buses, but the station is built for future
growth with fueling capacity for up to 50 buses, which corresponds
to fueling up to 1,500 kilograms (kg) of hydrogen in an eight-hour
time period. The station can fuel transit buses with an average of
28 kg of hydrogen per bus in a time frame of 6-to-10 minutes per
bus, while also providing back-to-back bus fueling for up to 30
buses and simultaneous fueling capability with multiple fueling
lanes.
Providing certified, sustainable, renewable hydrogen in
Europe. Air Products launched a
pilot program to generate some of Europe's first Guarantees of Origin (GO) for
sustainable, renewable hydrogen produced in The Netherlands. The project is part of
CertifHy, a European-wide initiative to produce low carbon and
renewable hydrogen. The GOs will be for hydrogen produced at the
Rotterdam chloralkaline
electrolyser plants of Nouryon, which uses wind power as part of
its energy mix. This renewable power is sourced from the
completed Krammer and Bouwdokken windfarms in The
Netherlands. Once produced, the hydrogen is conditioned by Air
Products before taking it into its established pipeline in
Rotterdam for commercial use.
The first hydrogen fueling station in Saudi Arabia. Air Products and Saudi Aramco
have placed onstream the first hydrogen fueling station for
hydrogen fuel cell powered electric vehicles in Saudi Arabia. The pilot program represents a
first step in demonstrating oil-based hydrogen-powered systems
within the Kingdom. Together the companies have established a pilot
fleet of hydrogen fuel cell vehicles powered by high-purity
compressed hydrogen.
Expanding clean energy supply through LNG technology. Air
Products is providing two proprietary LNG heat exchangers for
Mozambique LNG, Mozambique's first
onshore LNG project. Under the agreement, Air Products will provide
two of its proprietary and world-leading coil wound main cryogenic
heat exchangers (MCHE) for the project. The MCHEs will operate at
the site as part of two separate LNG production trains designed to
produce approximately 13 million tons per year of liquified natural
gas from the Golfinho/Atum natural gas fields in Mozambique. Air Products is also involved in
Coral South FLNG, Mozambique's
first offshore floating LNG project.
Providing Oxy-fuel combustion in South
Korea to reduce emissions in glass production. Air Products
is suppling its advanced oxy-fuel combustion system to Techpack
Solutions to convert its furnace from air-fuel to oxy-fuel for
enhanced sustainability and competitiveness. Oxy-fuel combustion
technology is proven to bring multiple benefits, such as an over
80% reduction in NOx emissions, 10-35% in energy savings, about a
25% increase in productivity, and improved energy efficiency and
glass quality.
Build and operate coal-to-syngas processing facilities in
China. Air Products is
currently constructing two coal-to-syngas processing facilities in
China. Targeted onstream is 2021
for a multi-billion dollar project for Jiutai New Material Co. Ltd.
in Hohhot, China. In Jiangsu Province, China, Air Products and Debang Xinghua
Technology Co. are working on a joint venture facility in the Xuwei
National Petrochemical Park with a 2023 onstream date. Countries
and large companies around the world continue to focus on
gasification to utilize the abundant natural resources they have to
produce chemicals, transportation fuels and energy in a sustainable
manner.
For more information on Air Products sustainability efforts
visit airproducts.com/sustainability.
About Air Products
Air Products (NYSE:APD) is a
world-leading industrial gases company in operation for nearly
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.
The Company had fiscal 2019 sales of $8.9
billion from operations in 50 countries and has a current
market capitalization of about $50
billion. More than 17,000 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 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,
2019.
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SOURCE Air Products