Air Products Wins Canada Hydrogen Supply Contract from North West
Heartland Pipeline Availability and New World-Scale Scotford Facility Integral
LEHIGH VALLEY, Pa., Oct. 24, 2013
LEHIGH VALLEY, Pa., Oct. 24, 2013 /PRNewswire/ --Air Products (NYSE: APD),
and its subsidiary Air Products Canada Ltd., today announced the signing of a
long-term agreement to supply North West Redwater Partnership with
approximately 25 million standard cubic feet per day (MMSCFD) of hydrogen for
North West's Sturgeon Refinery near Edmonton, Alberta, Canada. The hydrogen
supply to North West will come both from the recently announced new
world-scale hydrogen production plant Air Products Canada will build in
Scotford, Canada, and from Air Products Canada's existing Heartland Hydrogen
Pipeline. The hydrogen supply to North West is expected to begin in 2016,
soon after commercialization of the new Scotford plant.
Air Products plans to build, own and operate a new hydrogen production plant
adjacent to the Shell Scotford refinery and upgrader complex in Scotford,
Alberta, Canada. The new facility will produce over 150 MMSCFD of hydrogen
and will be connected to Air Products Canada's Heartland Hydrogen Pipeline
system, which is also fed by two existing hydrogen production plants in
Edmonton. The two Edmonton plants produce a combined 180 MMSCFD of hydrogen
and supply refiners, upgraders, chemical processors and other industries in
the Alberta Industrial Heartland region.
"We believe customers around the world recognize the supply reliability
benefits of being connected to large hydrogen pipeline network systems, and
that North West recognized the benefits of being supplied by our established
system in the Heartland region. Air Products Canada plans to continue its
support of the refinery and upgrading industry in this region, and we believe
our new production facility and pipeline system shows that proactive
commitment to assist in the production of cleaner burning transportation
fuels," said Wilbur Mok, vice president - North America Tonnage Gases at Air
Products. Mok added that this follows Air Products' well-established on-site
business model of winning profitable projects by signing long-term agreements
with reputable customers.
Pipelines offer a safe, robust and reliable supply of hydrogen to the refinery
and petrochemical industry around the world. Globally, Air Products' pipeline
operational expertise is evidenced by its network of systems. Besides the
Heartland Hydrogen Pipeline, Air Products also has a hydrogen pipeline in
Sarnia, Ontario, Canada, and operates the world's largest hydrogen pipeline
network in the United States Gulf Coast, as well as pipeline systems in
California in the U.S. and Rotterdam, the Netherlands.
The new hydrogen facility at Scotford 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. The plant configuration and deployed
technologies support Air Products' overall sustainability goals of reducing
energy consumption and emissions.
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 hydrogen production 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.
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 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
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).
About North West
The North West Redwater Partnership is a partnership between Canadian Natural
Upgrading Limited (a 50% subsidiary of CNRL) and North West Upgrading Inc.
with each company owning 50% stake in the Partnership. The Partnership
targets to build and operate a world class bitumen refinery in Alberta's
Industrial Heartland, which will add significant value to the bitumen
resources in a responsible and sustainable manner. It's a vision shared by
the Alberta Government, which has clearly stated its own goal is to position
the province as a global energy leader, an energy technology champion and a
solid, global environmental citizen. More information on North West Redwater
Partnership is available on the internet at www.nwrpartnership.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
Contact: Media Inquiries: (Air Products) Art George, tel: (610) 481-1340;
e-mail: firstname.lastname@example.org; (Technip) Christophe Belorgeot, tel: +33 (0)
1 47 78 39 92; e-mail: email@example.com; (North West Redwater Partnership)
tel: (403) 538-5645; e-mail: firstname.lastname@example.org, Investor Inquiries:
(Air Products) Simon Moore, tel: (610) 481-7461; e-mail:
email@example.com; (Technip) Kimberly Stewart tel. +33 (0) 1 47 78 66
74; e-mail: firstname.lastname@example.org
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