Liquid Hydrogen Capacity to Supply Increasing Demand in Several Markets; Company also has Plans for Green Liquid Hydrogen Production Facility in Southwest U.S.
Lehigh Valley, PA /PRNewswire/ - Air Products (NYSE: APD), the leading global hydrogen provider, today announced that its new liquid hydrogen plant at its La Porte, Texas facility is onstream to supply increasing demand in several customer markets. The new La Porte liquid hydrogen plant produces approximately 30 tons per day and will draw its hydrogen to be liquefied from Air Products' existing Gulf Coast hydrogen pipeline network, the world's largest hydrogen plant and pipeline system.
"We invested in this new liquid hydrogen production facility in Texas to show our commitment to our customers and to help meet current and future demand. The addition of this new capacity also will allow us to target the increased growth we anticipate from several markets, namely the hydrogen for mobility market. The La Porte facility's location and operational benefits provide us with numerous supply options from this plant. We look forward to providing this new reliable source of liquid hydrogen, which is very important to manufacturing and other operations in several states," said Francesco Maione, president, Americas at Air Products.
Maione added that Air Products also plans to build a green liquid hydrogen production facility in the Southwest U.S. The zero-carbon facility will produce liquid hydrogen to be sold to the hydrogen for mobility market in California and other locations requiring zero-carbon hydrogen fuel.
From its newest commercial facility at La Porte, the hydrogen will be delivered in trailers to customers in industries including: electronics, chemical and petrochemical, metals, material handling, float glass, edible fats and oils, utilities, and the rapidly-developing hydrogen for mobility market. Air Products recently announced its intent to begin the process of converting its global fleet of approximately 2,000 distribution vehicles to hydrogen fuel cell zero emission vehicles starting in 2022.
Air Products also has liquid hydrogen production plants operating in New Orleans, Louisiana; Sacramento, California; Sarnia, Ontario, Canada; and Rotterdam in The Netherlands.
The new plant at La Porte will join Air Products' existing hydrogen and syngas production operations, as well as an air separation unit at the site. The liquid hydrogen plant will connect to, and draw hydrogen to be liquefied from, Air Products' Gulf Coast Pipeline (GCP), an approximately 700-mile pipeline stretching from the Houston Ship Channel in Texas to New Orleans, Louisiana, and capable of supplying customers with over 1.9 billion feet of hydrogen per day from 25 hydrogen production facilities. The vast pipeline includes the supply of blue hydrogen from Air Products' Port Arthur, Texas facility where approximately one million tons of carbon dioxide (CO2) has been captured annually since 2013, transported via pipeline, and used in enhanced oil recovery operations.
Pipelines offer a safe, robust and reliable supply of hydrogen to industries around the world. Globally, Air Products' pipeline operational expertise is evidenced by its network of systems. Besides the GCP, Air Products also has hydrogen pipelines in California in the U.S., in Sarnia, Ontario and Alberta, Canada, and in Rotterdam, the Netherlands.
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 nearly $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 airproducts.com or follow us on LinkedIn Twitter, Facebook or Instagram.
Cautionary Note Regarding Forward-Looking Statements: 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 risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2020. 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.