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Air Products and Technip Global Hydrogen Alliance Marks 20 Years of Success



 Air Products and Technip Global Hydrogen Alliance Marks 20 Years of Success

Worldwide Teamwork Produces Two Billion SCF Per Day of Hydrogen for Clean
Fuels Production

PR Newswire

LEHIGH VALLEY, Pa., April 10, 2013

LEHIGH VALLEY, Pa., April 10, 2013 /PRNewswire/ -- Two decades of operational
excellence and success were celebrated by Air Products (NYSE: APD) and Technip
(NYSE: FR0000131708) to mark the 20 year milestone of the longest and most
productive global hydrogen alliance supporting the oil and gas industry around
the world. 

The global alliance was formed to meet refining industry demands for
outsourced hydrogen to make cleaner burning transportations fuels.  During two
decades Air Products and Technip have constructed 35 steam methane reformer
(SMR) hydrogen production plants.  Located in 11 countries, the combined
facilities provide the refining and petrochemical industry with more than two
billion standard cubic feet per day of hydrogen.

The global alliance began in 1992 when a paradigm shift in the refining
industry began to gain momentum and the industry moved toward outsourcing and
buying hydrogen instead of refiners making it on their own.  The success in
meeting customer hydrogen demands for supply reliability and plant efficiency
across the alliance's first 10 years led to renewal of the agreement between
Air Products and Technip in 2009, extending the relationship beyond the year
2020. 

"This alliance helped lead the global refining industry's major shift in
decision-making to purchase hydrogen from a third-party instead of making its
own.  Outsourced hydrogen is supplied to our customers on a 24/7 basis in
tonnage quantities, and is a critical requirement for refineries to meet clean
fuels standards.  We are very proud to have been working side-by-side with
Technip on several continents to help our customers meet the world's growing
energy needs in the most reliable, efficient and sustainable manner," said
John E. McGlade, chairman, president and CEO of Air Products.

Thierry Pilenko, Technip's Chairman and CEO stated: "Technip is really proud
to be a member of this alliance. The valuable feedback we have received from
the plants designed for Air Products, coupled with Technip's high standards in
design and engineering, have improved long term operations, where reliability
over the years is the main focus. In the end the refining industry benefits by
receiving a reliable and cost-effective source of hydrogen. In addition, our
global footprint ensures that Technip can accompany its clients around the
world, on their projects of tomorrow."

Throughout the global alliance relationship, the two companies have continued
to strive for productivity improvements, supporting sustainability goals of
reducing energy consumption and emissions.  One of the notable recent plant
onstream sustainability successes of the alliance is located in Rotterdam, The
Netherlands.  The new hydrogen facility, brought onstream in 2011, improved
energy efficiency over the previous hydrogen supply by over 15 percent.  It
also lowered carbon dioxide emissions by over 200,000 tons per year,
comparable to taking 90,000 cars off the road annually.

The refining industry has sought larger SMRs to meet increased hydrogen
demands.  The alliance is scheduled to bring onstream its largest world-scale
capacity SMR in fiscal year 2014.  Located in St. Charles, Louisiana, United
States, the facility will be the newest alliance project and will feature the
latest technology advancements to maximize energy efficiency and emissions
reduction. The enhanced SMR design targets optimal heat integration and
minimal loss of heat to the environment, which in turn lowers natural gas
feedstock consumption.

The extended agreement has also led the alliance to look at extending the
geographic reach of new hydrogen production projects in emerging markets
including China, India and the Middle East.  In 2013, the alliance's first SMR
in China is due onstream.  Producing over 90 million standard cubic feet per
day, it will be the first time a state-owned refinery has outsourced its
hydrogen refinery requirement.

To commemorate the 20-year milestone of the alliance, Air Products and Technip
awarded a total of $200,000 in scholarships to four colleges and universities.
These institutions are located in geographies where the two companies have
collaborated to bring onstream world-class projects, and also in new
geographies where the industry growth is expected to take the alliance next in
support of the global refining industry.  Scholarship winners each receiving
$50,000 included: Indian Institute of Technology (Madras, India); King
Abdullah University of Science and Technology (Saudi Arabia); Lehigh
University (Bethlehem, Pennsylvania, United States); and Rice University
(Houston, Texas, United States).  

The Air Products and Technip global alliance provides the worldwide refining
industry with competitive technology and world-class safety. Technip provides
the design and construction expertise for steam reformers 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.

Hydrogen is widely used in petroleum refining processes to remove impurities
found in crude oil such as sulfur, olefins and aromatics to meet the product
fuels specifications. Removing these components allows gasoline and diesel to
burn cleaner and thus makes hydrogen a critical component in the production of
cleaner fuels needed by modern, efficient internal combustion engines.

About Air Products
Air Products (NYSE: APD) provides atmospheric, process and specialty gases;
performance materials; equipment; and technology. For over 70 years, the
company has enabled customers to become more productive, energy efficient and
sustainable. More than 20,000 employees in over 50 countries supply innovative
solutions to the energy, environment and emerging markets. These include
semiconductor materials, refinery hydrogen, coal gasification, natural gas
liquefaction, and advanced coatings and adhesives. In fiscal 2012, Air
Products had sales approaching $10 billion. For more information, visit
http://www.airproducts.com/.

About Technip
Technip is a world leader in project management, engineering and construction
for the energy industry.

From the deepest Subsea oil & gas developments to the largest and most complex
Offshore and Onshore infrastructures, Technip's 36,500 people are constantly
offering the best solutions and most innovative technologies to meet the
world's energy challenges.

Present in 48 countries, Technip has state-of-the-art industrial assets on all
continents and operates a fleet of specialized vessels for pipeline
installation and subsea construction.

The Technip share is listed on Euronext Paris exchange and the USA
over-the-counter (OTC) market as an American Depositary Receipt (ADR: TKPPY). 
For more information, visit www.technip.com.

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, 2012.

SOURCE Air Products

Website: http://www.airproducts.com
Contact: Media Inquiries: (Air Products) Art George, tel: (610) 481-1340;
e-mail: georgeaf@airproducts.com, (Technip) Floriane Lassalle-Massip, tel: +33
(0) 1 47 78 32 79; e-mail: press@technip.com; Investor Inquiries: (Air
Products) Simon Moore, tel: (610) 481-7461; e-mail: mooresr@airproducts.com,
(Technip) Kimberly Stewart, tel: +33 (0) 1 47 78 66 74; e-mail:
kstewart@technip.com
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