September 05, 2007 Lehigh Valley, Pa.
Air Products (NYSE: APD) today announced it has signed a co-operation agreement with HyGear B.V., a Dutch company based in Arnhem. This agreement includes the sales and marketing of HyGear’s mini-steam methane reforming technology (5-10 Nm3/h) into various application areas including hydrogen fueling stations.
Large scale steam methane reforming of natural gas is the most common method of producing commercial bulk hydrogen in use today. HyGear's hydrogen generators produce hydrogen from a natural gas stream in a clean and efficient process using a proprietary reactor technology. It will be used for the first time under the agreement between Air Products and HyGear at a fueling station in Toulouse, France by the end of 2007. This station is to be built as part of the AltHyTude Project, led by Gaz de France, as announced last year at the World Hydrogen Economy Congress in Lyon (France). The contract covers a phased deployment of HyGear’s products by Air Products at customers’ sites.
“Air Products brings a wealth of knowledge and experience of hydrogen fuel cell projects, having already installed over 70 fueling stations and been involved in over 33,000 vehicle fuelings intheworld. HyGear brings a product which has impressed us with its compactness and initial operational performance,” said Ian Williamson, business development manager, Hydrogen Energy Systems at Air Products.
Jacques Smolenaars, managing director Marketing and Sales at HyGear, added: “The collaboration with Air Products is a major initiative for our company. Our joint efforts will create a new approach to provide hydrogen up to fuel cell quality on-site for various applications. We look forward to our collaboration to bring the hydrogen economy closer to us.”
More information on Air Products’ hydrogen fueling station technologies and activities can be found at www.airproducts.com/h2energy.
About Air Products
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 40 countries, and over 20,000 employees around the globe. For more information, visit www.airproducts.com.
HyGear focuses on supplying integrated products for small scale on-site hydrogen generation. The company has proprietary knowledge of steam reforming for hydrogen generation and pressure swing adsorption for gas cleaning. The product portfolio comprises hydrogen generation systems with a capacity of 5 to 250 Nm3/h and a purity of 99.999%. The need for these products is primarily driven by the introduction of the hydrogen economy. The applicability however also includes the existing market of industrial process gas. Founded in 2002, HyGear has acquired a leading position in the market of on-site hydrogen generation equipment.
NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.
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