The New Multi-Modal Hydrogen Refueling
Stations will have Capacity to Fuel as many as 200
Heavy-Duty Trucks or 2,000 Light-Duty Vehicles Per Day
LEHIGH
VALLEY, Pa., May 29, 2024
/PRNewswire/ -- Air Products (NYSE:APD) today announced it intends
to build a network of permanent, commercial-scale, multi-modal
hydrogen refueling stations stretching from Northern California to Southern California. Eric Guter, Air Products' Vice President,
Hydrogen for Mobility, made the announcement during his keynote
address at the California Hydrogen Convention at the Los Angeles Convention Center.
"Building a robust hydrogen economy infrastructure is critical
to the success of the energy transition and meeting our climate
change goals," said Guter. "California is a leader in the energy
transition and a first-mover in making zero-emission, heavy-duty
transportation in the U.S. a reality. As the world's largest
supplier of hydrogen, Air Products has committed to investing
$15 billion by 2027 in clean energy
megaprojects around the world. Working together, energy companies,
vehicle manufacturers and governments can accelerate the energy
transition and generate a cleaner future for all."
The permanent, multi-modal hydrogen refueling stations will be
equipped to serve heavy-duty vehicles, such as commercial and
municipal trucks and buses, as well light-duty hydrogen fuel cell
vehicles.
"Each state-of-the-art, high-capacity, high-reliability station
will be able to fuel up to 200 heavy-duty trucks or 2,000 cars per
day," said Alison Hawkins, Air
Products' General Manager – Hydrogen for Mobility, Americas. "These
stations will be a key driver to help California on its road to a zero-emissions
transportation future."
An innovator in hydrogen for transportation, Air Products'
California pipeline network
supplied hydrogen to the nation's first pipeline-fed hydrogen
fueling station in Torrance,
California in 2011. Currently, Air Products operates six
hydrogen refueling stations in Southern
California.
The new stations announced today will deliver enhanced fueling
technology capability, including significantly higher capacity,
multiple fueling dispensers and service for both heavy- and
light-duty vehicles.
"Hydrogen will play a key role in meeting California's clean energy and climate change
goals, and it will pave the way for zero emissions transportation
throughout the state. Air Products' investment in a statewide
network of multi-modal hydrogen refueling stations marks a
significant milestone for California and its development as a global hub
for clean hydrogen," said California State Senator Bob Archuleta, Chair of the Senate Select
Committee on Hydrogen Energy.
Dee Dee Myers, Senior Advisor to
Governor Gavin Newsom, Director of
GO-Biz and founding ARCHES Board Member, said, "Infrastructure is
the key to unlocking our nation's hydrogen future, and we commend
Air Products for committing to build a network of stations and
supply them with clean hydrogen in California as part of our hydrogen hub
ecosystem. These stations are steps on the path to our end goal –
eliminating the need for diesel in our transportation sector."
The announcement of a California hydrogen refueling station network
follows Air Products' recent announcement of plans to build a
network of multi-modal hydrogen refueling stations connecting
Edmonton and Calgary, Alberta, Canada.
As the world's largest supplier of hydrogen, Air Products has
hands-on operating experience with over 250 hydrogen fueling
station projects in 20 countries, and the company's technologies
are used in over 1.5 million fueling operations annually.
To learn more about Air Products' hydrogen fueling solutions and
expertise, visit Air Products' Hydrogen Fueling website.
About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases
company in operation for over 80 years focused on serving energy,
environmental, and emerging markets. The Company has two growth
pillars driven by sustainability. Air Products' base business
provides essential industrial gases, related equipment and
applications expertise to customers in dozens of industries,
including refining, chemicals, metals, electronics, manufacturing,
and food. The Company also develops, engineers, builds, owns and
operates some of the world's largest clean hydrogen projects
supporting the transition to low- and zero-carbon energy in the
heavy-duty transportation and industrial sectors. Additionally, Air
Products is the world leader in the supply of liquefied natural gas
process technology and equipment, and provides turbomachinery,
membrane systems and cryogenic containers globally.
The Company had fiscal 2023 sales of $12.6 billion from operations in
approximately 50 countries and has a current market
capitalization of over $50 billion.
Approximately 23,000 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 reimagine what's possible to address the
challenges facing customers, communities, and the world. For more
information, visit www.airproducts.com or follow us on
LinkedIn, X, 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 the risk factors
described in our Annual Report on Form 10-K for the fiscal year
ended September 30, 2023 and other
factors disclosed in our filings with the Securities and Exchange
Commission. 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.
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SOURCE Air Products