Published by Todd Bush on September 21, 2022
New plant brings additional liquid hydrogen capacity to Europe
ROTTERDAM, The Netherlands, Sept. 21, 2022 /PRNewswire/ -- Air Products ( NYSE: APD) today announced plans to start construction of a second hydrogen liquefaction plant in Rotterdam, the Netherlands. This new source is in addition to the company's existing liquid hydrogen plant in Botlek, the Netherlands. Once operational in 2025, the plant will double Europe's total current liquid hydrogen capacity.
>> In Other News: Air Liquide, Chevron, Keppel Infrastructure, and PetroChina Form Consortium to Explore CCUS Solutions in Singapore
Liquid hydrogen produced at the plant will be used to supply increased demands from high tech industries as well as the mobility market. It will contribute to the decarbonisation of heavy-duty vehicles on Europe's path to climate neutrality by 2050.
Air Products is committed to contribute to the role of hydrogen in the energy transition. This project is an important milestone and a great addition to Air Products' hydrogen capabilities in Europe.
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 2021 sales of $10.3 billion from operations in over 50 countries and has a current market capitalization of nearly $55 billion. More than 20,000 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 https://www.airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.
SOURCE Air Products
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🚀 Climeworks Raises USD 162M to Scale Up Technology 🛠️ DNV Advances Skylark to Enable Safe Scaling of CO2 Pipelines for Carbon Capture and Storage 🍁 Canada’s Rising Role in the G...
Inside This Issue 🏗️ Hyundai Unveils $6B Hydrogen-Powered Steel Mill in Louisiana, Aims to Position State as National Energy Leader 🤝 Deep Sky Inks Next DAC Deal in Germany with Greenlyte Carbon T...
Inside This Issue 🍁 Inside Canada’s Quiet Takeover of the Carbon Capture Industry ✈️ Phillips 66 to Supply SAF to British Airways in Calif 💧 HyVera Distributed Energy Launches Green Hydrogen-On-De...
Terra CO2 Announces Additional Series B Funding to Scale Sustainable Cement Production
Investment will facilitate the rapid build out of commercial facilities across North America and Europe for Terra’s leading SCM solutions GOLDEN, Colo.--(BUSINESS WIRE)--Terra CO2 (Terra), a leadi...
Bezos-Backed Methane Tracking Satellite is Lost in Space
WASHINGTON - An $88 million satellite backed by billionaire Jeff Bezos that detected oil and gas industry emissions of the powerful greenhouse gas methane has been lost in space, the group that ope...
BHP Inks Charter Contracts With Cosco for Ammonia Dual-fuelled Vessels
SINGAPORE, July 2 (Reuters) - BHP Group has signed contracts with COSCO Shipping for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers, the mining giant said on Wednesday. The two...
Climeworks Raises USD 162M to Scale Up Technology
Key take-aways: Climeworks surpasses USD 1 billion in funding, fueled by strong investor confidence USD 162M raised to further drive best-in-class technology and extend Climeworks Solutions CO₂ r...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.