Air Products to Build Europe's Largest Blue Hydrogen Plant and Strengthens Long-Term Agreement

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Nov 06, 2023, 09:37 ET

LEHIGH VALLEY, Pa., Nov. 6, 2023 /PRNewswire/ -- Air Products today announced it will build, own and operate a state-of-the-art carbon capture and carbon dioxide (CO₂) treatment facility at its existing hydrogen production plant in Rotterdam, the Netherlands. The facility is expected to be on-stream in 2026, and the resulting "blue" hydrogen product to serve ExxonMobil's (Esso) Rotterdam refinery and additional customers via Air Products' hydrogen pipeline network system. This will be the largest blue hydrogen plant in Europe once operational.

The carbon capture retrofit will capture CO₂ from Air Products' existing hydrogen plant and ExxonMobil's Rotterdam refinery. The plant will be connected to the Porthos system, a consortium developing the first large-scale CO₂ transport and storage system in the Netherlands which recently reached final investment decision approval. Along with CO₂ from other industry in the port of Rotterdam, the captured CO₂ will be transported to depleted gas fields in the North Sea, approximately 20 kilometers off the coast, where it will be permanently stored at a depth of more than three kilometers beneath the seabed.

Porthos allows Air Products to more than halve its CO₂ emissions in the port of Rotterdam. This represents a substantial step for reducing Air Products' direct emissions in the short term and contributes to meeting the Dutch National Climate Agreement targets. At the same time, Air Products is working hard to further decarbonise its own activities and those of its customers by realising plans to make green hydrogen available from imported renewable energy in the port of Rotterdam.

The project is being undertaken as part of long-term agreements with ExxonMobil and the Dutch State. Blue hydrogen from Air Products' hydrogen production plant will help customers in industry and mobility transition, whilst also creating and retaining jobs in an important industrial area.

"Air Products has been actively present and investing in Rotterdam for decades," commented Chief Operating Officer Dr. Samir J. Serhan. "Industrial companies here are continually looking for ways to realize synergies, create economies of scale, drive energy efficiencies and ultimately decarbonise. This project fulfils that demand. By sequestering CO₂ through Porthos and bringing additional blue hydrogen to ExxonMobil and other customers, we can help generate a cleaner future."

"ExxonMobil aims to achieve net-zero Scope 1 and Scope 2 emissions from its operated assets by 2050 and we've taken a comprehensive approach to create emission-reduction roadmaps for each of our facilities," said Edward Dekker Kleijn, Rotterdam Site Manager. "We are pleased to build on our collaboration with Air Products to lower our environmental footprint. Carbon Capture and Storage is one of the critical technologies required to achieve the climate goals. This project is a great example of how industry works together to reduce carbon dioxide emissions in the Rotterdam port area."

About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products' base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the world's largest industrial gas and carbon-capture projects, supplying world-scale clean hydrogen for global transportation, industrial markets, and the broader energy transition. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and globally provides turbomachinery, membrane systems and cryogenic containers.

The Company had fiscal 2022 sales of $12.7 billion from operations in over 50 countries and has a current market capitalization of about $65 billion. More than 21,000 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 reimagine what's possible to address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com or follow us on LinkedIn, X, Facebook or Instagram.

SOURCE Air Products