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Hydrogen Fueling Stations

Press Release Source: Air Products

Air Products to Supply Equipment for Two Hydrogen Fueling Stations Designed and Constructed by Chevron Hydrogen Company
Thursday June 22, 9:27 am ET

LEHIGH VALLEY, Pa., June 22 /PRNewswire-FirstCall/ -- Air Products' (NYSE: APD - News) hydrogen fueling technology has been selected by Chevron Hydrogen Company, a division of Chevron U.S.A. Inc., for incorporation into hydrogen fueling stations to be located in Michigan and Florida. The two locations will use Air Products' Series 300 hydrogen compression, storage and dispensing technology to be integrated by Chevron into its advanced fueling station design.

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In Orlando, Fla. the station will be located near the Orlando Airport and will fuel a fleet of shuttle buses powered by modified internal combustion engines. At Selfridge, Mich. the station will be located on a United States Military base and will provide hydrogen for a fleet of light duty fuel cell vehicles. Both stations are expected to be operational by the end of 2006.

"This is the first hydrogen fueling equipment we have provided Chevron, and we are pleased to begin this collaborative relationship," said Dan Rabun, business development specialist for Air Products' Future Energy Solutions area. "The goal is to advance system equipment and engineering in all aspects of safety, operability, and reliability, and enhance the consumer fueling experience."

Air Products (NYSE: APD - News) serves customers in technology, energy, healthcare and industrial markets worldwide with a unique portfolio of products, services and solutions, providing atmospheric gases, process and specialty gases, performance materials and chemical intermediates. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment and is listed in the Dow Jones Sustainability and FTSE4Good Indices. The company has annual revenues of $8.1 billion, operations in over 30 countries, and over 20,000 employees around the globe. For more information, visit http://www.airproducts.com.

***NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.