June 13, 2006 Lehigh Valley, Pa.
Air Products (NYSE: APD) research scientists Guido Pez and Alan Cooper were presented a United States Department of Energy (DOE) Hydrogen Program Award in May recognizing the development of innovative hydrogen storage materials.
DOE presented the award for the Air Products researchers' work on a "liquid-phase hydrogen carrier" with promising storage capacity. The technology has additional attractive features that have the potential to increase overall energy efficiency and reduce the cost of the hydrogen storage system in fuel cell vehicles.
"It is nice for our research team, including several additional Air Products employees, to be recognized by the DOE for this work. This storage technology allows hydrogen, normally a gas, to be stored and transported at normal temperatures in a liquid form like conventional fuels," said Pez, chief scientist, Corporate Science and Technology Center at Air Products.
"The DOE is to be commended for commissioning increased research on projects to enable alternative energy. Air Products' plan is to continue advancing the liquid carrier performance for commercial applications, including the engineering of systems to liberate the hydrogen at the point of use," said Cooper, senior principal research chemist at Air Products.
The research is being done in cooperation with DOE's Office of Energy Efficiency and Renewable Energy under the President's Hydrogen Fuel Initiative. The focus of the work is the "Design and Development of New Carbon Based Sorbent Systems for Effective Containment of Hydrogen." Work on the developmental project will continue through 2008.
Air Products is an industry leader in hydrogen safety and engineering, and a global leader in hydrogen production and distribution, as well as the industry leader in hydrogen fueling stations for clean transportation applications. Air Products has installed over 40 fueling stations in the U.S. and abroad. Many of these stations are located on the West Coast in California, with stations located internationally in Korea, Singapore, Japan, Germany and India.
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 $8.1 billion, operations in over 30 countries,and over 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.