LEHIGH VALLEY, Pa.,
Dec. 13, 2021 /PRNewswire/
-- Air Products (NYSE:APD) has awarded thyssenkrupp Uhde
Chlorine Engineers a contract to supply a more than two-gigawatt (2
GW) electrolysis plant for one of the world's largest green
hydrogen projects at NEOM in Saudi
Arabia. Under this contract, thyssenkrupp will engineer,
procure and fabricate the plant based on their large-scale 20
megawatt (MW) alkaline water electrolysis module. Upon
commissioning, the project partners ― NEOM, ACWA Power and Air
Products ("NEOM Green Hydrogen Company") ― will operate the
facility, which will produce hydrogen to be synthesized into
carbon-free ammonia for export exclusively by Air Products to
global markets. Engineering and procurement activities have been
initiated, and the start of production is scheduled for
2026.
Strong partnership with strong sustainability
lever
In July 2020, Air Products, together
with ACWA Power and NEOM, announced the signing of an agreement for
world-scale green hydrogen-based ammonia production facility
powered by renewable energy. thyssenkrupp was selected by its
strategic partner Air Products early in the project as technology
supplier and has worked intensively on early engineering and
project development. The signing of the project contract is a key
milestone of both companies' joint effort over the past
year to use their complementary technology, engineering and
project execution strengths to develop green hydrogen
production facilities. The realization of the project leverages
thyssenkrupp's large-scale technology supporting Air Products'
development of green hydrogen for sustainable transportation,
chemicals and power generation.
Dr. Samir J. Serhan, Chief
Operating Officer at Air Products, says: "This project milestone
with thyssenkrupp furthers our strong progress at NEOM to deliver
carbon-free hydrogen on a massive scale in the Kingdom and for the
world. The development and execution of this innovative megaproject
is one of many required to drive a successful energy transition,
and we look forward to continuing to develop, build, own and
operate facilities that help address the world's significant energy
and environmental challenges. This project is the kickoff to become
a frontrunner in the green hydrogen economy."
"As a world market leader in electrolysis we bring in two
decisive factors to realize such gigawatt projects: With our
large-scale standard module size and gigawatt cell manufacturing
capacity per year together with our Joint Venture partner De Nora
we are able to deliver large capacity projects today," says Denis
Krude, CEO of thyssenkrupp Uhde Chlorine Engineers. "With this
gigawatt project, we are committed to invest into ramping up our
manufacturing capacities further. We also aim for a strong local
setup which is key to delivering customized service solutions
throughout the entire plant life-cycle and enables our strategic
partner in their vision to become a global decarbonization
pioneer."
About thyssenkrupp Uhde Chlorine
Engineers
thyssenkrupp Uhde Chlorine Engineers offers
world-leading technologies for high-efficiency electrolysis plants.
The company, a Joint Venture with Industrie De Nora, has extensive
in-depth knowledge in the engineering, procurement, and
construction of electrochemical plants and a strong track record of
more than 600 projects with a total rating of over 10 gigawatts
already successfully installed. With its water electrolysis
technology to produce green hydrogen, the company offers an
innovative solution on an industrial scale for green value chains
and an industry fueled by clean energy – a major step towards a
climate-neutrality.
About Air Products
Air Products (NYSE:APD) is a
world-leading industrial gases company in operation for 80 years.
Focused on serving energy, environment and emerging markets, the
Company provides essential industrial gases, related equipment and
applications expertise to customers in dozens of industries,
including refining, chemical, metals, electronics, manufacturing,
and food and beverage. Air Products is also the global leader in
the supply of liquefied natural gas process technology and
equipment. The Company develops, engineers, builds, owns and
operates some of the world's largest industrial gas projects,
including: gasification projects that sustainably convert abundant
natural resources into syngas for the production of high-value
power, fuels and chemicals; carbon capture projects; and
world-scale carbon-free hydrogen projects supporting global
transportation and the energy transition.
The Company had fiscal 2021 sales of $10.3 billion from operations in over 50
countries and has a current market capitalization of over
$65 billion. More than 20,000
passionate, talented and committed employees from diverse
backgrounds are driven by Air Products' higher purpose to create
innovative solutions that benefit the environment, enhance
sustainability and address the challenges facing customers,
communities, and the world. For more information,
visit airproducts.com or follow us
on LinkedIn, Twitter, Facebook or Instagram.
Cautionary Note Regarding Forward-Looking Statements: This
release contains "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
expectations and assumptions as of the date of this release and are
not guarantees of future performance. While forward-looking
statements are made in good faith and based on assumptions,
expectations and projections that management believes are
reasonable based on currently available information, actual
performance and financial results may differ materially from
projections and estimates expressed in the forward-looking
statements because of many factors, including risk factors
described in our Annual Report on Form 10-K for the fiscal year
ended September 30, 2021.
Except as required by law, we disclaim any obligation or
undertaking to update or revise any forward-looking statements
contained herein to reflect any change in the assumptions, beliefs
or expectations or any change in events, conditions or
circumstances upon which any such forward-looking statements are
based.
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SOURCE Air Products; thyssenkrupp Uhde Chlorine Engineers