Gas | 24 July 2020
Air Products eyes growth despite revenue dip due to COVID-19
Q3 FY20 sales down 7% from the prior year.
Q3 FY20 sales down 7% from the prior year.
This highly efficient plant, with circa 10% less electricity consumption, will have a production capacity of 2,200 tons of oxygen per day, and will be built in Port of Moerdijk in the Netherlands.
Together, both companies will explore the option to invest in hydrogen production and filling facilities, and further the use of hydrogen in industrial applications, particularly mobility.
The FEED is being funded by the U.S. Department of Energy (DOE) through collaboration with the Electric Power Research Institute (EPRI) as part of a larger initiative to advance carbon capture technology development.
Project will use hydrogen derived from domestically-produced natural gas, with the intent to eventually leverage Alberta’s existing carbon capture and sequestration infrastructure to store emissions associated with the production process.
For the chemical sector to deliver further emissions reductions from the operations, access to affordable low-carbon energy to electrify our operations will be crucial in the future.
Deal includes acquisition of hydrogen, rare gases production units at steel plant.
Both companies will collaborate on a variety of green hydrogen initiatives, including hydrogen technology research and development, and the implementation of green hydrogen mobility solutions during China's inaugural hosting of the 2022 Winter Olympics.
China has 19 new-build LNG regasification terminals while India has 11 planned terminals expected to come online by 2024.
Start-ups operating in different fields of CBG - Start-ups providing technology; Start-ups planning to expand their existing CBG plants; and Start-ups planning to set up new CBG plants can apply in this round.
The state-of-the art, energy efficient ASU will have the capacity to produce over 770 tons per day of oxygen, as well as nitrogen and argon to supply SDI’s planned 3 million tons per year steel mill starting up in 2021.
Under the terms of the agreement, bp will provide ENN with 300,000 tonnes per year of pipeline gas re-gasified from LNG for two years from 1 January 2021 in Guangdong.
Air Products will be the exclusive off-taker of the green ammonia and intends to transport it around the world to be dissociated to produce green hydrogen for the transportation market, project is scheduled to be onstream in 2025.
The plants will supply oxygen, nitrogen and carbon monoxide to Celanese, under a previously announced long-term agreement, and hydrogen to other customers via Linde's U.S. Gulf Coast pipeline system.
Prior to this assignment, he was serving as Executive Director and Officer-In-Charge of the Petrochemical Project at GAIL, Pata.
The two companies will collaborate exclusively in key regions, using their complementary technology, engineering and project execution strengths to develop projects supplying green hydrogen.
Equinor and its partners will mature the project towards a final investment decision during 2023 with potential first production by 2026.
SMR Connected to World’s Largest Hydrogen Pipeline and Network System.
The German Rostock-based engineering and cleantech company Apex Energy inaugurated the 2 MW zero-carbon hydrogen production platform equipped by McPhy.
Through the strategic alliance agreement, Mitsui secures access to participate in multiple hydrogen projects developed by Hiringa including the JV project with Ballance Agri-nutrients and Hiringa’s nationwide refueling network, which will see hydrogen refueling stations come online throughout 2021.
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