Air Products Wins Bharat Petroleum Supply Contract for Hydrogen and Other Gases

  Air Products Wins Bharat Petroleum Supply Contract for Hydrogen and Other

Two Reformer Trains Highlight Air Products' First India Hydrogen Facilities
for Expanding Refinery in Kochi

PR Newswire

LEHIGH VALLEY, Pa., Oct. 3, 2013

LEHIGH VALLEY, Pa., Oct. 3, 2013 /PRNewswire/ -- Air Products (NYSE: APD), the
leading global hydrogen provider, today announced it has signed a long-term
agreement with Bharat Petroleum Corporation Limited (BPCL) (NSE: BPCL) and
will build, own, and operate several new industrial gas production facilities
in Kochi, Kerala, India. The new industrial gas complex will provide hydrogen,
syngas, nitrogen and oxygen for BPCL's Kochi Refinery and its proposed
petrochemicals complex. The facilities will support India's largest-ever
outsourced hydrogen requirement and will result in Air Products' first
hydrogen production facilities in India. A phased onstream for the products
supplied to BPCL's Kochi Refinery targets late 2015 for the initial supply of

The new facilities will supply industrial gases to BPCL's Kochi Refinery,
which is currently undergoing a $2.6 billion integrated expansion project that
will increase its crude refining capacity to 15.5 million metric tons per
annum (approximately 310,000 barrels per day). Under the agreement, Air
Products will provide an innovative combination of the following plant

  otwo steam methane reformer (SMR) trains combining to produce approximately
    16.4 tonnes per hour (approximately 165 million standard cubic feet per
    day) of hydrogen to be used in the production of cleaner burning
    transportation fuels and petrochemicals;
  oa cryogenic syngas purification system to produce syngas, a mixture of
    purified hydrogen and carbon monoxide;
  osteam generated from Air Products' units for BPCL's manufacturing process;
  oan air separation unit to produce nitrogen and oxygen for the refinery and
    petrochemical complex; and
  oa gas turbine to produce power for the Air Products facilities.

"This important investment supports Air Products' commitment to the Indian
market and will help to make BPCL's Kochi Refinery the largest and most viable
public sector refinery in the country," said Howard Castle-Smith, regional
vice president, Tonnage Gases Europe, Middle East, Africa and India. "The
agreement also supports Air Products' strategy of supplying refineries with
industrial gases as they continue to expand, and also as new grassroots
refineries are built to meet growing energy demand. Once onstream, this
location will become a benchmark reference facility in the region and
demonstrate our technological and operational excellence." Castle-Smith added
that this follows Air Products' well-established on-site business model of
winning profitable projects by signing long-term agreements with reputable

These efforts and other productivity improvements will help to improve the
BPCL Kochi Refinery's conversion of heavy crude, allowing for the production
of clean fuels to meet Euro IV/V specifications. It will also position BPCL
and the petrochemicals facility for diversification into higher value-added
petrochemicals. The plant configuration and deployed technologies support Air
Products' overall sustainability goals of reducing energy consumption and

The new hydrogen facilities will be built through the global hydrogen alliance
between Air Products and Technip, a world leader in project management,
engineering and construction. The plant will feature the latest technology
advancements to maximize energy efficiency and emissions reduction, and will
include optimal heat integration, which in turn lowers feedstock consumption
during production.

For 20 years the Air Products and Technip global alliance has provided the
worldwide refining industry with competitive technology and world-class
safety. The alliance is responsible for over 35 SMR hydrogen plants located in
11 countries around the world and produces well over two billion standard
cubic feet of hydrogen per day for clean fuels production. 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.

Notes to editors:

Hydrogen's use in petroleum refining

Hydrogen is widely used in petroleum refining processes to remove impurities
found in crude oil such as sulphur, olefins and aromatics to meet 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 the companies:

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

BPCL is India's second largest public sector oil company and a Global Fortune
500 company with four domestic refineries, two of which, Kochi and Mumbai, are
wholly owned. The company reported $41 billion in annual sales and total
assets of $7.4 billion on their 2012 financial statements. It is listed on the
Indian Stock exchange and is 54.9% owned by the Indian government. For more
information, visit

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, our 38,000 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.

Technip shares are listed on the NYSE Euronext Paris exchange and traded in
the USA on the OTCQX marketplace (OTCQX: TKPPY).

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

Contact: Media Inquiries: (Air Products - U.S.) Art George, tel: (610)
481-1340; e-mail:, (Air Products - Europe) Albert
Raich, tel: +34 93 2900964; e-mail:, (Technip)
Christophe Belorgeot, tel: +33 (0) 1 47 78 39 92; e-mail:,
(BPCL) Mr. Vineeth M Varghese, tel. +914842821471 e-mail:, Investor Inquiries: (Air Products) Simon
Moore, tel: (610) 481-7461; e-mail:, (Technip)
Kimberly Stewart tel. +33 (0) 1 47 78 66 74; e-mail:
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