Air Products to Work with China's SIEG on 350 MW Oxyfuel Electrical Generation Demonstration Project
LEHIGH VALLEY, Pa., Oct. 4 /PRNewswire/ -- Air Products (NYSE: APD) today announced an agreement with Shanxi International Energy Group Co., Ltd (SIEG) to perform a feasibility study and reference plant design on its proprietary oxyfuel carbon dioxide (CO2) purification technology for potential installation at SIEG's 350 MW Oxyfuel Electrical Generation Demonstration Project. The demonstration project, to be located at SIEG's power plant in Taiyuan, Shanxi, intends to purify CO2 emissions for capture for other application use or sequestration. The U.S. Department of Energy and China National Energy Administration have agreed to include this project in the U.S.-China Fossil Energy Protocol - Annex II: Clean Fuels, which is designed to promote scientific and technological cooperation between countries.
"We are honored that SIEG selected Air Products and our technology for this study and pre-plant design. We have demonstrated at smaller scale that oxyfuel technology can successfully purify CO2 for capture. A project this large, being world scale at 350 MW, is the next logical step for the technology," said David J. Taylor, vice president - Energy Businesses at Air Products. Taylor added under the agreement that Air Products' study and plant design will provide SIEG detail for both oxygen production and CO2 purification needs, and both plants will be world scale size.
To view the complete news release, visit www.airproducts.com/PressRoom/CompanyNews/Archived/2010/04Oct2010b.htm.
***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, 2009.
SOURCE Air Products
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