Air Products and Technip Global Hydrogen Alliance Marks 20 Years of Success

Wed Apr 10, 2013 1:44pm EDT

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Worldwide Teamwork Produces Two Billion SCF Per Day of Hydrogen for Clean Fuels
Production
LEHIGH VALLEY, Pa.,  April 10, 2013  /PRNewswire/ -- Two decades of operational
excellence and success were celebrated by Air Products (NYSE: APD) and Technip
(NYSE: FR0000131708) to mark the 20 year milestone of the longest and most
productive global hydrogen alliance supporting the oil and gas industry around
the world.   

The global alliance was formed to meet refining industry demands for outsourced
hydrogen to make cleaner burning transportations fuels.  During two decades Air
Products and Technip have constructed 35 steam methane reformer (SMR) hydrogen
production plants.  Located in 11 countries, the combined facilities provide the
refining and petrochemical industry with more than two billion standard cubic
feet per day of hydrogen.

The global alliance began in 1992 when a paradigm shift in the refining industry
began to gain momentum and the industry moved toward outsourcing and buying
hydrogen instead of refiners making it on their own.  The success in meeting
customer hydrogen demands for supply reliability and plant efficiency across the
alliance's first 10 years led to renewal of the agreement between Air Products
and Technip in 2009, extending the relationship beyond the year 2020.   

"This alliance helped lead the global refining industry's major shift in
decision-making to purchase hydrogen from a third-party instead of making its
own.  Outsourced hydrogen is supplied to our customers on a 24/7 basis in
tonnage quantities, and is a critical requirement for refineries to meet clean
fuels standards.  We are very proud to have been working side-by-side with
Technip on several continents to help our customers meet the world's growing
energy needs in the most reliable, efficient and sustainable manner," said  John
E. McGlade, chairman, president and CEO of Air Products.

Thierry Pilenko, Technip's Chairman and CEO stated: "Technip is really proud to
be a member of this alliance. The valuable feedback we have received from the
plants designed for Air Products, coupled with Technip's high standards in
design and engineering, have improved long term operations, where reliability
over the years is the main focus. In the end the refining industry benefits by
receiving a reliable and cost-effective source of hydrogen. In addition, our
global footprint ensures that Technip can accompany its clients around the
world, on their projects of tomorrow."  

Throughout the global alliance relationship, the two companies have continued to
strive for productivity improvements, supporting sustainability goals of
reducing energy consumption and emissions.  One of the notable recent plant
onstream sustainability successes of the alliance is located in  Rotterdam, The
Netherlands.  The new hydrogen facility, brought onstream in 2011, improved
energy efficiency over the previous hydrogen supply by over 15 percent.  It also
lowered carbon dioxide emissions by over 200,000 tons per year, comparable to
taking 90,000 cars off the road annually.

The refining industry has sought larger SMRs to meet increased hydrogen demands.
 The alliance is scheduled to bring onstream its largest world-scale capacity
SMR in fiscal year 2014.  Located in  St. Charles, Louisiana,  United States,
the facility will be the newest alliance project and will feature the latest
technology advancements to maximize energy efficiency and emissions reduction.
The enhanced SMR design targets optimal heat integration and minimal loss of
heat to the environment, which in turn lowers natural gas feedstock consumption.
 

The extended agreement has also led the alliance to look at extending the
geographic reach of new hydrogen production projects in emerging markets
including  China,  India  and the Middle East.  In 2013, the alliance's first
SMR in  China  is due onstream.  Producing over 90 million standard cubic feet
per day, it will be the first time a state-owned refinery has outsourced its
hydrogen refinery requirement.

To commemorate the 20-year milestone of the alliance, Air Products and Technip
awarded a total of  $200,000  in scholarships to four colleges and universities.
These institutions are located in geographies where the two companies have
collaborated to bring onstream world-class projects, and also in new geographies
where the industry growth is expected to take the alliance next in support of
the global refining industry.  Scholarship winners each receiving  $50,000 
included:  Indian Institute of Technology  (Madras, India); King Abdullah
University of Science and Technology (Saudi Arabia);  Lehigh University 
(Bethlehem, Pennsylvania,  United States); and  Rice University  (Houston,
Texas,  United States).    

The Air Products and Technip global alliance provides the worldwide refining
industry with competitive technology and world-class safety. Technip provides
the design and construction expertise for steam reformers while Air Products
provides the gas separation technology. Air Products, through its extensive
operating network, and Technip, from its large reference base, also bring
effective operational and engineering knowledge to "design-in" high reliability
and efficiency. The plants are operated and maintained by Air Products under
long-term agreements with customers.  

Hydrogen is widely used in petroleum refining processes to remove impurities
found in crude oil such as sulfur, olefins and aromatics to meet the 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
Air Products (NYSE: APD) provides atmospheric, process and specialty gases;
performance materials; equipment; and technology. For over 70 years, the company
has enabled customers to become more productive, energy efficient and
sustainable. More than 20,000 employees in over 50 countries supply innovative
solutions to the energy, environment and emerging markets. These include
semiconductor materials, refinery hydrogen, coal gasification, natural gas
liquefaction, and advanced coatings and adhesives. In fiscal 2012, Air Products
had sales approaching  $10 billion. For more information, visit 
http://www.airproducts.com/.  

About Technip
Technip is a world leader in project management, engineering and construction
for the energy industry.

From the deepest Subsea oil & gas developments to the largest and most complex
Offshore and Onshore infrastructures, Technip's 36,500 people are constantly
offering the best solutions and most innovative technologies to meet the world's
energy challenges.

Present in 48 countries, Technip has state-of-the-art industrial assets on all
continents and operates a fleet of specialized vessels for pipeline installation
and subsea construction.

The Technip share is listed on Euronext Paris exchange and the  USA 
over-the-counter (OTC) market as an American Depositary Receipt (ADR: TKPPY). 
For more information, visit  www.technip.com.

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  September 30, 2012.  

SOURCE  Air Products


Media Inquiries: (Air Products) Art George, tel: (610) 481-1340; e-mail:
georgeaf@airproducts.com, (Technip) Floriane Lassalle-Massip, tel: +33 (0) 1 47
78 32 79; e-mail: press@technip.com; Investor Inquiries: (Air Products) Simon
Moore, tel: (610) 481-7461; e-mail: mooresr@airproducts.com, (Technip) Kimberly
Stewart, tel: +33 (0) 1 47 78 66 74; e-mail: kstewart@technip.com

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