Air Products Gets Best Carbon Management Initiative Award from Chemical 7 days for its Web-Zero Hydrogen Energy Intricate in Alberta, Canada

LEHIGH VALLEY, Pa., Nov. 18, 2021 /PRNewswire/ — Air Goods (NYSE:APD) currently acquired the Finest Carbon Management Initiative Award from Chemical 7 days at the Chemical Business Financial Outlook Forum & Sustainability Awards. Air Solutions been given the recognition for its ground breaking net-zero hydrogen electricity elaborate in Edmonton, Alberta, Canada.

“Air Merchandise is honored to be identified by Chemical Week with the Very best Carbon Administration Initiative Award for our new web-zero hydrogen power complex in Alberta, Canada,” explained Rachel Smith, Air Items Canada Vice President in accepting the award. “This landmark facility is expected to obtain internet-zero emissions by means of superior technological know-how, carbon capture and storage, and hydrogen-fueled electrical power technology. Our new web-zero facility will help major greenhouse gasoline reductions and enable changeover to a cleaner energy potential.”

Air Solutions was one of 6 businesses to be identified throughout the 2021 Chemical 7 days Sustainability Awards. Chemical Week is a outstanding source of information, information and examination in the chemical market. Entries for the Best Carbon Management Initiative Award ended up judged by a panel of marketplace and sustainability gurus.

Chemical Week Award Decide Monika MacDevette, deputy director, ecosystems division, United Nations Natural environment Programme, named Air Products’ Alberta venture, “very modern and ahead searching,” and cited the “dedication from [the] nationwide authorities as effectively as sizeable investment commitment to innovation.”

Air Products’ Chairman, President and Main Executive Officer Seifi Ghasemi also sent an deal with in the course of the meeting.

He noted that hydrogen has been talked about as an electrical power of the long term for years, but what is different right now is the strain to transfer absent from hydrocarbons and the thrust for motion now. “At Air Goods, we want to be aspect of that solution,” claimed Ghasemi. “We have made remarkable investments to support develop the hydrogen economic system. By getting a initially-mover in world-scale assignments, this sort of as our internet-zero strength elaborate in Alberta, we are paving the way for a cleaner, a lot more sustainable potential and dashing the energy changeover.”

Before this 12 months, Air Items, and its subsidiary Air Products and solutions Canada Ltd., in conjunction with the Governing administration of Canada and the Province of Alberta, introduced a $1.3 billion landmark net-zero hydrogen power advanced in Alberta, Canada. The facility is expected to produce net-zero emissions and be able of capturing about 95 per cent of the carbon dioxide created by the sophisticated and completely sequester it safely underground. Hydrogen-fueled electricity will offset the remaining five percent of emissions.

The cleanse vitality elaborate will help refining and petrochemical consumers served by the Air Solutions Heartland Hydrogen Pipeline to lower their carbon depth. The complex also marks a 1st in the wider use of hydrogen in Alberta, enabling the production of liquid hydrogen to be an emissions-absolutely free gasoline in the transportation sector, and to create cleanse electrical power. This is envisioned to have a beneficial influence in lowering Alberta’s carbon emissions.

The Chemical Week Ideal Carbon Management Initiative Award is the most recent recognition Air Products has obtained for its sustainability and company responsibility efforts. Previously this year, Air Products’ sustainability endeavours had been recognized by Barron’s, which named Air Goods as the prime weather aligned company in its 2021 Rating of the Most Sustainable Firms in The usa. General, Barron’s ranked Air Goods 13th on its 100 Most Sustainable Organizations checklist. Air Products and solutions was also awarded a gold medal rating for its Corporate Social Accountability (CSR) efficiency from EcoVadis, a multinational CSR rankings agency, for the fifth year in a row, and named to the 100 Most effective Corporate Citizens Record, revealed by 3BL Media, for the 10th consecutive yr, and incorporated in the Human Rights Marketing campaign Foundation’s 2021 Corporate Equality Index.

About Air Items
Air Products and solutions (NYSE:APD) is a earth-top industrial gases enterprise in procedure for 80 decades. Centered on serving electricity, natural environment and rising marketplaces, the Enterprise presents essential industrial gases, linked devices and purposes know-how to buyers in dozens of industries, which includes refining, chemical, metals, electronics, manufacturing, and food items and beverage. Air Goods is also the worldwide leader in the offer of liquefied natural gas method know-how and products. The Firm develops, engineers, builds, owns and operates some of the world’s premier industrial gas projects, such as: gasification projects that sustainably change considerable natural sources into syngas for the output of superior-benefit energy, fuels and substances carbon seize jobs and planet-scale carbon-free of charge hydrogen initiatives supporting international transportation and the electricity changeover.

The Organization experienced fiscal 2021 revenue of $10.3 billion from functions in about 50 nations and has a existing marketplace capitalization of more than $65 billion. Much more than 20,000 passionate, proficient and fully commited personnel from diverse backgrounds are pushed by Air Products’ bigger objective to build impressive alternatives that profit the ecosystem, enhance sustainability and address the troubles dealing with shoppers, communities, and the planet. For a lot more details, visit www.airproducts.com or observe us on LinkedIn, Twitter, Facebook or Instagram.

Cautionary Observe Pertaining to Forward-Looking Statements: This launch is made up of “forward-on the lookout statements” inside the secure harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-wanting statements are based on management’s expectations and assumptions as of the date of this release and are not ensures of upcoming overall performance. Whilst forward-seeking statements are created in superior religion and based on assumptions, expectations and projections that management thinks are acceptable based mostly on at the moment readily available info, precise performance and money effects might differ materially from projections and estimates expressed in the forward-seeking statements due to the fact of lots of variables, including possibility aspects explained in our Once-a-year Report on Type 10-K for the fiscal 12 months ended September 30, 2021. Except as necessary by law, we disclaim any obligation or enterprise to update or revise any forward-hunting statements contained herein to replicate any adjust in the assumptions, beliefs or anticipations or any improve in occasions, disorders or circumstances upon which any these types of forward-wanting statements are centered.

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