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News ReleaseAir Products to Supply Hydrogen Fuelling Equipment for Greek and The Republic of Korea Navies

August 23, 2006 Europe

Air Products is supplying hydrogen fuelling equipment to the Greek and Republic of Korea navies. Through an agreement with submarine manufacturers Howaldswerke Deutsche Werft GmbH (HDW), the equipment will be used to power both navies’ fuel cell submarines.

HDW has developed a fuel cell-powered submarine system, which allows the vessel to generate energy without leaving a heat or noise signature along its route, whilst also remaining submerged for longer periods.

The Republic of Korea navy will receive three submarines built in Korea under a HDW licence and the Greek navy is to receive their submarines from ThyssenKrupp Marine Systems Hellenic Shipyards S.A.

The hydrogen-fuelling equipment supplied to the navies by Air Products, include a Cryogenic Hydrogen Compressor (CHC) that was originally developed for industrial users in the compression of liquid hydrogen and cryogenic gas. More recently it has successfully been adapted for fuel cell applications and is used in hydrogen fuelling stations around the world. Today, CHC equipment is as easy to use as any fire water pump on board ships

The CHC and evaporation technology will be supplied to the Hellenic navy together with a dispenser, and the submarines will be fuelled from a gaseous or liquid hydrogen source. The dispensers will safely load the hydrogen and fill the vessel to the required level. During fuelling, the hydrogen hydride storage vessels on board are protected by the dispensers

Additionally, Air Products is supplying HDW with three dispensers for subsequent use by the South Korean navy. This follows a similar order for dispensing equipment for the German navy’s fuel cell submarines in June 2002.

Air Products Project Manager, Thomas Scheitz, said: Air Products already has experience fuelling submarines across Europe, specifically in Germany. Additionally we are the leader in hydrogen fuelling for transportation and have active projects in place around the globe including the world’s first hydrogen fuelling station located at an existing retail (gasoline) station. There consumers get a first-hand view of hydrogen-fuelling taking place.”

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 $8.1 billion, operations in over 30 countries, and over 20,000 employees around the globe. For more information, visit www.airproducts.com.

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. The company has been involved in the production and supply of hydrogen for over 50 years and has supplied all the liquid hydrogen for NASA’s space missions. Over the past 10 years, the company has also developed over 40 hydrogen fuelling installations in the United States, Korea, Singapore, Japan, Italy, Germany and India.

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