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News ReleaseAir Products Receives Government Grant to Enhance the User Experience at Existing Hydrogen Fuelling Stations

July 21, 2015 London, UK

Air Products (NYSE: APD) is pleased to announce that two of its projects have successfully been awarded funding from the Hydrogen Refuelling Stations (HRS) Infrastructure Grants Scheme, run by the Office for Low Emission Vehicles (OLEV).

Aimed at enhancing user experience, the funding will be used to upgrade two of the company’s existing London SmartFuel® stations, an important indicator of the UK’s continued momentum towards an established hydrogen transport network.

“Having already achieved the necessary technical and operational standards, improving the user experience is the natural next step,” commented Diana Raine, Air Products’ European Hydrogen Energy Business Manager. “Working in consultation with car manufacturers such as Hyundai and Toyota, we will use the funding provided by OLEV to introduce enhancements to our Heathrow and Hendon fuelling stations aimed at encouraging commercial and public adoption of hydrogen transport.”

Air Products has proven its hydrogen infrastructure to be technology ready and is successfully replicating it around the world in parallel with car manufacturer’s hydrogen vehicle deployment plans. In London, the company successfully operates the country’s first network of publicly accessible hydrogen stations. These dispensers regularly supply fuel to hydrogen passenger cars such as the Hyundai ix35 Fuel Cell, vans and taxis delivered through projects supported by the FCHJU and Innovate UK.

"Heathrow is proud to host the Air Products SmartFuel station at the airport” says Matt Gorman, Sustainability & Environment Director at Heathrow. “We’re pleased to be playing our part in improving local air quality, reducing carbon emissions, and being a better neighbour. By implementing a variety of innovative technologies and solutions, our airport has successfully reduced NOx emissions from the airport by 16%.”

”Hyundai Motor UK has for some time been using the Air Products SmartFuel Stations” says Robin Hayles, Sustainable Fuel Development Manager for Hyundai Motor UK Ltd. “These stations have not only supported the first few of our ix35 Fuel Cell customers but have also allowed us to demonstrate the real world viability of this technology to other potential customers. We are pleased that Air Products has been awarded OLEV funding to enhance the customer experience , since this will further demonstrate that hydrogen transport is no longer a future vision but is already a realistic alternative to traditional vehicle technologies.”

OLEV’s funding will also be used to enable Air Products to deploy fully mobile hydrogen fuelling solution, to allow vehicle demonstration and testing across the UK, including areas where the fixed fuelling infrastructure is not yet developed.

Both the mobile fueller and upgraded fuelling stations use Air Products’ high pressure delivery trailer. Unlike other stations that produce hydrogen onsite, delivering hydrogen at a high pressure reduces the need for onsite compression, leading to high levels of reliability and minimising the forecourt footprint. This is an important distinction as the industry moves towards commercial adoption of the technology and is a proven model demonstrated at Air Products’ SmartFuel® bus refuelling station in London, where on-stream levels are consistently in line with industry expectations.

EDITOR’S NOTES:

About Air Products
Air Products (NYSE:APD) is a leading industrial gases company. For nearly 75 years, the company has provided atmospheric, process and specialty gases, and related equipment to manufacturing markets including metals, food and beverage, refining and petrochemical, and natural gas liquefaction. Air Products’ materials technologies segment serves the semiconductor, polyurethanes, cleaning and coatings, and adhesives industries. Over 20,000 employees in 50 countries are working to make Air Products the world’s safest and best performing industrial gases company, providing sustainable offerings and excellent service to all customers. In fiscal 2014, Air Products had sales of $10.4 billion and was ranked number 276 on the Fortune 500 annual list of public companies. For more information, visit www.airproducts.com.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2014.

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