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News ReleaseAir Products and Bohlen & Doyen Sign Alliance Agreement

Companies Take Significant Step to Expand EU Hydrogen Infrastructure

December 17, 2015 Hersham, UK

Today Air Products, a worldwide leader in hydrogen fuelling technology, and Bohlen & Doyen, one of Germany’s leading and most capable manufacturers in the field of gaseous fuel filling station construction, installation and maintenance, announced they have signed an alliance agreement. Both companies will work together to support the further development of Europe’s burgeoning hydrogen fuelling market. The collaboration also includes the use of Air Products’ patented technology, which enables fast fuelling in line with the industry’s SAE J2601 fuelling protocol.

As part of the alliance agreement, Air Products’ will provide 700 bar SmartFuel® hydrogen fuelling station technology and the fuelling protocol license, while Bohlen & Doyen will provide the associated engineering, construction, and maintenance services to fuel retailers.

Combining the multiple strengths of both business’ will accelerate standardisation of hydrogen fuelling by offering customers the best station technology; providing low maintenance systems with high onstream availability ensuring a positive customer experience.

“Our agreement provides the next logical step in supporting the expansion of a reliable and cost effective hydrogen fuelling network in Europe; this is a crucial stage in leveraging existing infrastructure and meeting the future expectations of fuel retailers; it is a timely evolution for the European hydrogen fuelling market with the commercial roll-out of hydrogen vehicles just around the corner,” commented Diana Raine, Air Products’ European Hydrogen Energy Business Manager.

“The partnership with Air Products is an important step towards the development of the market and the expansion of our portfolio in the field of hydrogen“, commented Thorsten Kittelmann, Bohlen & Doyen’s Manager Gas Engineering, “Bohlen & Doyen is a qualified partner with substantial experience in the realisation of hydrogen injection systems. Numerous projects have been successfully completed in the last years.”

Through this agreement, Air Products’ continues to advance its technology leadership position globally. It is already the hydrogen fuelling station and technology supplier for FirstElement Fuel, Inc.’s initial network of 19 hydrogen fuelling stations being built throughout California. In Japan, the company has also signed an agreement with NIPPON STEEL & SUMIKIN Pipeline & Engineering Co. Ltd, which provided a strong entry point into the progressive Japanese hydrogen fuelling market.

Air Products has available a number of standardised SmartFuel® fuelling station designs incorporating modular and expandable technology and holds an entire portfolio of global patents, with additional patents pending related to “compression-less hydrogen fuelling station” advancements. The company has proven that its hydrogen infrastructure is technology ready and is successfully replicating it around the world. Details on Air Products’ hydrogen fuelling station technologies can be viewed at www.airproducts.com/h2energy.

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, 2015.

EDITOR’S NOTE:
About Air Products
Air Products (NYSE:APD) is a world-leading Industrial Gases company celebrating 75 years of operation. The company’s core Industrial Gases business provides atmospheric and process gases and related equipment to manufacturing markets, including refining and petrochemical, metals, electronics, and food and beverage. Air Products is also the world’s leading supplier of liquefied natural gas process technology and equipment. The company’s Materials Technologies business, which Air Products intends to spin-off by September 2016, serves the semiconductor, polyurethanes, cleaning and coatings, and adhesives industries.

The company had fiscal 2015 sales of $9.9 billion and was ranked number 284 on the Fortune 500 annual list of public companies. Approximately 20,000 employees in 50 countries strive to make Air Products the world’s safest and best performing Industrial Gases company, providing sustainable offerings and excellent service to all customers. For more information, visit www.airproducts.com.

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