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Air Products’ Technology Key to Long Island’s First Hydrogen Fueling Station in Town of Hempstead Green Energy Initiative

LEHIGH VALLEY, Pa. (March 30, 2009) – Ground is broken, construction work on Long Island’s first hydrogen fueling station has begun, and this spring Air Products’ (NYSE: APD) fueling technology is scheduled to begin providing three alternative fuels to a fleet of vehicles operated by the Town of Hempstead, New York. Air Products is a member of this alternative fuel green energy initiative, along with the Town of Hempstead, the New York State Energy Research Development Authority (NYSERDA) and National Grid. Hydrogen for this fueling station, located at the town’s Conservation and Waterways headquarters in Point Lookout, will be produced through an electrolysis process that generates hydrogen from water. The process does not involve any fossil fuels.

The project’s goals are to demonstrate, evaluate and educate people about hydrogen’s energy technology and potential. The technology includes an electrolyzer, a hydrogen storage and compression system, and multiple fueling dispensers, and is able to provide hydrogen, a hydrogen and compressed natural gas (HCNG) blend, and compressed natural gas for alternative fueled vehicles. Air Products is supplying the fueling technology and hydrogen infrastructure for the demonstration project. The electrolyzer is provided by Proton Energy Systems.

“We expect to begin commissioning the fueling station this spring. Everyone is excited to be installing the first hydrogen fueling station on Long Island. Our dispensing technology has the capability to provide hydrogen generated from multiple sources and has been used in other projects around the world that supply hydrogen generated from electrolysis, including electrolysis driven by solar and wind methods. We congratulate the Town of Hempstead and all the New York agencies involved with this green energy demonstration project,” said Bruce Luff, business development manager – Hydrogen Energy Systems at Air Products.

“The construction of the first hydrogen fueling station on Long Island demonstrates our commitment to reducing reliance on traditional fossil fuels and improving our air quality through the use of cleaner alternate energies. It is a step toward breaking free of unclean conventional forms of energy,” said Town of Hempstead Supervisor Kate Murray. “The types of fuels dispensed at the facility can help us significantly reduce or eliminate the harmful emissions that contribute to the production of greenhouses gases,” Murray added.

Air Products, the leading hydrogen supplier to refineries to assist in making cleaner burning transportation fuels, has completed over 85,000 hydrogen fills and has placed over 90 hydrogen fueling stations in the United States and 16 countries worldwide. Cars, trucks, vans, buses, scooters, forklifts and other materials handling equipment, and even submarines, have been fueled with this trend-setting technology that involves Air Products’ know-how, equipment, and hydrogen, and use of the technology is increasing at over 2,500 hydrogen fills per month. Air Products provides liquid and gaseous hydrogen, and HCNG (hydrogen/compressed natural gas) fueling, and has developed a variety of enabling devices and protocols for fuel dispensing at varied pressures. Hydrogen for these stations is delivered to a site via truck, by on-site natural gas reformation, and by electrolysis, including electrolysis that is solar and wind driven.

Air Products has more than 50 2022s of hydrogen experience and is on the forefront of hydrogen energy technology development. Air Products has an extensive patent portfolio with over 50 patents in hydrogen dispensing technology. For more information on Air Products’ hydrogen fueling station technologies go to www.airproducts.com/h2energy.

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. Air Products has annual revenues of over $10 billion, operations in over 40 countries, and 21,000 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.

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Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.
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