Company to Enhance Strategic Cooperation to Support China’s ‘Dual Carbon’ Goals
05/11/2021 Shanghai, China
Air Products (NYSE: APD), a world-leading industrial gas company serving the China market for 34 years, showcases its leading green and low-carbon innovations at the 4th China International Import Expo (CIIE 2021) from November 5-10, along with nearly 3,000 exhibitors from 127 countries and regions.
To enhance strategic cooperation with governments, customers and partners in order to support China’s carbon peak and carbon neutrality goals, Air Products exhibits its latest advanced technologies, sustainable solutions and landmark projects on hydrogen for mobility, gasification, and carbon capture and utilization for clean energy transition at CIIE 2021, the world’s largest import-themed expo.
Featuring a larger booth this year, Air Products participates in the expo’s new Low-Carbon Energy and Environmental Protection Technology section under the theme ‘Together, We’ll Realize Our Dreams of a Sustainable Future.’ Key highlights of the booth include:
- Hydrogen for mobility:
- An integrated hydrogen model showing Air Products’ full value-chain solutions from production, liquefication, storage, transportation, and innovative fueling technology systems and related infrastructure, as well as the company’s recently announced landmark mega projects designed to help drive the clean energy transition, including a world-scale green hydrogen-based ammonia production facility in NEOM, Saudi Arabia; and a net-zero hydrogen energy complex in Edmonton, Alberta, Canada.
- A 2022 Winter Olympics zone with the company’s state-of-the-art 70 MPa hydrogen fueling station and live demonstration to support the green event.
- Gasification, carbon capture and utilization: Integrated gas supply solutions with build-own-operate models and advanced technologies across the value chain from air separation to gasification, carbon capture and utilization to help industry transformation and upgrades, as well as to meet ‘dual carbon’ goals.
“Air Products is committed to fulfilling our higher purpose to solve current and future energy and environmental challenges,” said Air Products China President Saw Choon Seong. “We achieved great success at last year’s expo and are excited to participate in this international import expo again to further strengthen our partnership with local authorities, customers and partners in supporting industrial sustainable development under the 14th Five-Year Plan, and China’s goals to peak carbon emissions and achieve carbon neutrality by 2030 and 2060, respectively.”
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, 2020. 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.
As one of the first multinational industrial gas companies to enter China, Air Products has been supporting the social and economic development of the country since 1987. Putting sustainability at the core of its business, the company has participated in several clean energy demonstration and pilot projects in China. In 2021, Air Products commissioned its first hydrogen fueling station in Zhangjiakou for the green 2022 Winter Olympics and in Shandong for the ‘Hydrogen into Ten Thousand Homes’ demonstration project, and is building more hydrogen fueling stations for the two projects. The company is also building the country’s first world-class commercial liquid hydrogen production facility in Haiyan County in Jiaxing City, Zhejiang Province.
The Air Products booth is located at 3B4-002 in the Low-Carbon Energy and Environmental Protection Technology Zone of the Technology and Equipment Pavilion in Hall 3.
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 2020 sales of $8.9 billion from operations in 50 countries and has a current market capitalization of approximately $65 billion. More than 19,000 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.