August 18, 2005 Lehigh Valley, Pa.
Air Products (NYSE:APD) and John Zink Company, LLC today announced the signing of a license agreement for Air Products' patented Large Scale Vortex™ (LSV) burner technology. The LSV burner technology is designed to significantly decrease nitrous oxide (NOx) air emissions and provide environmental and operational benefits in industrial combustion applications. The license agreement applies to retrofitting of existing hydrogen and syngas plants, and new and retrofitted methanol and ammonia plants. Air Products still reserves all rights to use LSV burners exclusively in new hydrogen and syngas production installations.
"We wanted to work with someone very prominent in the combustion industry," said Bob Davis, director of technology commercialization, Energy and Process Industries, at Air Products. "We've got a great technology with environmental and operational benefits, but are not in the burner business. By licensing to John Zink we can fully leverage the advantages of this technology." The LSV's competitive advantage is its ability to meet low NOx emission requirements in regulated regions. This makes the added capital investment expense of a selective catalytic reduction unit for these combustion applications unnecessary.
"We are looking forward to working with Air Products to develop this new burner technology," said Stephen Pirnat, president of John Zink Company. "The collaborative effort between Air Products and John Zink Company will provide our customers with an innovative NOx reduction solution that offers them significant economic and environmental value."
Under the license agreement, Air Products will perform the process and detail design of the LSV burner for its selected applications. John Zink Company will handle the marketing, detailed mechanical design, manufacturing, and will interface directly with customers purchasing the Air Products technology.
At the heart of this new technology are a proprietary fluidic flame stabilizer and novel mixing nozzles, which enable the primary flame to operate at ultra-lean conditions. This new flame stabilizing method requires very little fuel in the primary flame, which keeps temperatures low, thereby greatly reducing NOx emissions.
About John Zink Company
John Zink Company, LLC is a leading provider of advanced combustion systems and breakthrough technologies worldwide, servicing a wide range of global markets. John Zink branded products include JZ® flares, process burners, duct burners, thermal oxidizers and vapor control systems; KALDAIR® flares; TODD® boiler burners; and GORDON-PIATT® boiler burners. John Zink Company is a Koch Chemical Technology Group, LLC company. To learn more about John Zink, visit www.johnzink.com.
About Air Products
Air Products (NYSE:APD) serves customers in technology, energy, healthcare and industrial markets worldwide with a unique portfolio of products, services and solutions, providing atmospheric gases, process and specialty gases, performance materials and chemical intermediates. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment and is listed in the Dow Jones Sustainability and FTSE4Good Indices. The company has annual revenues of $7.4 billion, operations in over 30 countries, and nearly 20,000 employees around the globe. For more information, visit www.airproducts.com.
NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.