Regional and Business Leaders from Air
Products Will Also Highlight Clean Hydrogen's Critical Role in the
Energy Transition
LEHIGH
VALLEY, Pa., April 16,
2024 /PRNewswire/ -- Air Products' (NYSE:APD)
Chairman, President and Chief Executive Officer Seifi Ghasemi will deliver the keynote
address at the 2024 Canadian Hydrogen Convention at 9:45 a.m. MT/11:45 a.m. ET
on Tuesday, April 23, 2024 at the Edmonton Convention Centre in Edmonton, Alberta, Canada.
Centered on "Generating a Cleaner Future with
Hydrogen," Ghasemi's remarks will reflect Air Products' energy
transition leadership, including more than 65 years of hydrogen
expertise and the Company's megaprojects in execution in
Canada and around the world to
deliver clean hydrogen at scale.
"Clean hydrogen is key to decarbonizing hard-to-abate industrial
and heavy-duty transportation sectors of the economy and to meeting
climate goals," said Ghasemi. "As the leading global hydrogen
supplier, we have made a more than $15
billion commitment to clean energy projects around the
world, including our landmark net-zero hydrogen energy complex in
Edmonton."
Other regional and business leads from Air Products are also
scheduled to speak at the third-annual Canadian Hydrogen
Convention:
- Rachel Smith, Air Products
Canada's Vice President and General Manager, will deliver a
presentation entitled, "Transforming Ambition into Action:
Accelerating our Net-Zero Journey," at 10
a.m. MT/12 p.m. ET on
Wednesday, April 24 in Hall D of the Convention Centre.
- Alison Hawkins, Air Products'
General Manager, Hydrogen for Mobility Americas, will host a
technical session, "California Dreaming: AI-Enabled Learnings from
Early Demonstration Hydrogen Refueling Stations," at 9:30 a.m. MT/11:30 a.m. ET
on Wednesday, April 24 in the Alberta Innovates Room of the
Convention Centre.
Convention attendees are invited to stop by Air Products' booth
#614 on the exhibit floor to learn more about Air Products'
net-zero hydrogen energy complex in Edmonton and the company's hydrogen solutions
for the industrial and mobility sectors.
Air Products Canada
Air Products Canada currently
operates three hydrogen production facilities in Alberta, and a 55-kilometer hydrogen pipeline
in the Alberta Industrial Heartland. The company also operates a
hydrogen production facility, a 30-kilometer pipeline network and a
liquefaction facility in Sarnia,
Ontario.
Air Products is building a net-zero hydrogen energy
complex in Edmonton using
advanced process technology that enables the cost-effective capture
of more than 90 percent of carbon emissions for permanent
sequestration safely underground. The new complex also includes a
world-scale hydrogen liquefaction facility to accelerate the use of
hydrogen as an emission-free transportation fuel across western
Canada. In addition, to avoid the
indirect emissions associated with using grid electrical power, the
project includes a 100 percent hydrogen-fueled power generation
unit that has the capability to export clean power to Alberta's grid.
The complex will be integrated with neighboring Imperial Oil
Limited's new renewable diesel facility. Imperial will produce
renewable diesel from locally sourced non-petroleum feedstocks,
using a process that produces a biogenic renewable off-gas (ROG)
by-product. This ROG will be used as a feedstock within the Air
Products hydrogen complex, displacing natural gas and further
enhancing the overall carbon emissions profile. The combination of
utilizing a renewable feedstock and power export more than offset
any emissions not directly captured to produce hydrogen on a
net-zero basis.
The net-zero facility also will be connected to Air Products'
existing 55-kilometer hydrogen pipeline network in the Alberta
Heartland to support refining and petrochemical customers in
reducing the carbon intensity of their operations and products.
In addition, Air Products is building the first commercial-scale
multi-modal hydrogen refueling station in Edmonton―located near Air
Products' net-zero hydrogen energy complex―to serve heavy-duty and
light-duty vehicles. The Company continues to progress development
of a hydrogen fueling and transportation corridor in Alberta.
The Company 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.
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 about $60 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