News Release
Air Products and Enterprise Products Expand Relationship with Hydrogen Off-Gas Processing Agreement
"We are pleased to expand the long term relationship we have with Enterprise. This hydrogen source enhances our ability to meet the growing demand of our customers on our pipeline, and it helps increase the supply reliability and flexibility of our system. The established pipeline system was an asset in maximizing the value of this product since it enables us to purchase more off-gas during the life of the contract as we continue to meet our customers' growing demand," said
Air Products has been successfully processing off-gas at Enterprise's Mont Belvieu complex since 1994, servicing an existing facility. The new Air Products facility will use the company's proven pressure swing adsorption technology which is already in place at numerous other locations around the world.
Overall,
Pipelines offer a safe, robust and reliable supply of hydrogen to the refinery and petrochemical industries around the world. Globally, Air Products' pipeline operational expertise is evidenced by nearly 40 years of safe operation of its network of systems. Besides the
Hydrogen is widely used in petroleum refining processes to remove impurities found in crude oil such as sulphur, olefins and aromatics to meet product fuels specifications. Removing these components allows gasoline and diesel to burn cleaner and thus makes hydrogen a critical component in the production of cleaner fuels needed by modern, efficient internal combustion engines.
About Air Products
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
SOURCE Air Products
Media Inquiries: Art George, tel: (610) 481-1340; e-mail: georgeaf@airproducts.com, Investor Inquiries: Simon Moore, tel: (610) 481-7461; e-mail: mooresr@airproducts.com