LEHIGH VALLEY, Pa., Nov. 15 /PRNewswire-FirstCall/ -- Air Products
(NYSE: APD) announced today that its subsidiary, Air Products Canada Ltd., has
signed a letter of intent to provide hydrogen to Imperial Oil's Strathcona
refinery near Edmonton, Alberta, Canada for the production of low-sulphur
diesel. Air Products will supply the hydrogen via pipeline from its new 71
million standard-cubic-feet-per-day (MMSCFD) production plant under
construction nearby, which was publicly announced in March 2004.
The hydrogen production facility, a natural gas-based steam methane
reformer, will help Imperial's 187,000-barrel-per-day refinery to produce
cleaner transportation fuels and other petroleum products. The two-mile
pipeline is expected to be in place during the summer of 2005 in advance of
the plant coming on-stream. The supply arrangement is one of over 30 that Air
Products has undertaken with refiners worldwide.
"We are pleased to be working with Imperial to meet its increasing
hydrogen needs and enhance our growing position in Canada as a reliable
provider of hydrogen to multiple customers," said Scott Sherman, Air Products'
vice president and general manager for Energy and Process Industries
worldwide. In July 2004, Air Products also announced plans for construction
of a new hydrogen plant producing in excess of 80 MMSCFD to be located in
Sarnia, Ontario, Canada to be in operation in May 2006.
To view the full text of this announcement, please visit Air Products'
online Press Room at
http://www.airproducts.com/PressRoom/CompanyNews/Archived/2004/15Nov04.htm.
***NOTE: This release may contain forward-looking statements. Actual
results could vary materially, due to changes in current expectations.
SOURCE Air Products
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Related links:
http://www.airproducts.com
CONTACT:
Media: Art George, +1-610-481-1340,
georgeaf@airproducts.com; or Investor: Phil Sproger,
+1-610-481-7461, sprogepc@airproducts.com, both of Air Products
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