| Air Products-Technip Alliance to Develop Hydrogen Facility for Exxon Mobil's Rotterdam Refinery, an |
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Researched by Industrial Info Resources
(Sugar Land, Texas) -- Air Products & Chemicals Incorporated (NYSE:APD)
(Allentown, Pennsylvania) has secured a contract to develop a large-scale
hydrogen production facility in the Netherlands to supply hydrogen to Exxon Mobil Corporation's (NYSE:XOM) (Irving, Texas)
refinery in Rotterdam and other customers in the region. Air Products will
develop the production unit through its global alliance with Technip SA (OTC:TKPPY) (Paris, France), the H2
Alliance. Scheduled for commissioning in the second half of 2011, the plant
will employ advanced technology aimed at maximizing energy efficiency and
reducing emissions. The unit will be connected through a four-mile pipeline
to Air Products' existing 35-mile hydrogen pipeline network in Rotterdam,
which connects the firm's hydrogen facilities to the chemical and refining
industries in the region.
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