November 08, 2006 Lehigh Valley, Pa.
Air Products' (NYSE: APD) hydrogen fueling technology has begun filling mass transit fuel cell buses at a BP station in Beijing, China in preparation for fueling buses to shuttle athletes and visitors during the 2008 Olympics. The hydrogen fueling technology at BP's station, the first demonstration project for new energy vehicles in China, was officially dedicated today by SinoHytec, BP, and other assembled dignitaries directing the project at the Zhongguancun Yongfeng High-Tech Industrial Base in the Beijing Hydrogen Park. BP presented Air Products a Project Safety Award at the dedication ceremony for the safe and successful commissioning of the project. Air Products' leading hydrogen fueling station technology has been put in place at over 50 fueling stations worldwide.
Air Products' Series 300 fueling technology is an integrated vehicle fueling system that compresses and dispenses hydrogen to the vehicles. This fueling technology is designed to meet early vehicle fleet fueling requirements by providing the customer flexibility of using hydrogen generated on-site, or a distributed hydrogen supply. The station will supply several fuel cell buses that will travel normal mass transit routes in preparation for eventual shuttle use during the 2008 Olympics.
"We are very pleased that Air Products' technology was chosen for this station by BP and to continue our relationship of working together on several hydrogen fueling stations around the world. The continued use of hydrogen for mass transit is encouraging from an educational standpoint as bus riders familiarize themselves with the use of hydrogen as an alternative energy. At the same time, we are honored to be part of the green environmental effort for the 2008 Beijing Olympics," said Wilbur Mok, president of Air Products Asia.
Air Products has been involved with other highly visible BP hydrogen fueling stations on a global scale. Last month, Air Products technology was part of a BP hydrogen fueling station dedicated at the NextEnergy Center in Detroit, Michigan. In 2004, Air Products also supplied the hydrogen fueling technology for BP for the first ever hydrogen fueling station to be located at a retail gasoline site in Singapore. The establishment of this station, for which Air Products was also presented a Project Safety Award from BP, made BP the first energy company in the world to provide the environmentally friendly fuel at an existing retail site, alongside conventional fuels. Air Products has also collaborated with BP on stations in California and Florida.
Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. 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 $9 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.