March 01, 2017 Lehigh Valley, Pa.
Air Products (NYSE: APD), a world-leading industrial gases firm, right this moment announced it has been awarded the lengthy-time period provide of approximately 30 million standard cubic ft per day of hydrogen by Marathon Petroleum Firm LP for its Garyville, Louisiana refinery. This new supply award, to begin in November 2017, is along with volumes of hydrogen Air Merchandise already provides Marathon Petroleum at its Garyville refinery.
e are happy to extend our hydrogen supply to Marathon Petroleum at Garyville. Marathon Petroleum is a valued long-time period buyer of Air Products and we serve several of their refineries in the United States,mentioned Marie Ffolkes, president Industrial Gases Americas at Air Products.
ir Products is a dependable supplier of hydrogen required for the production of cleaner burning transportation fuels by our refinery customers, and our Gulf Coast Pipeline (GCP) is a further worth-added supply of dependable product provide. The increased hydrogen provide for Marathon Petroleum, and continued development with different refiners on the pipeline community, is a testament to the size and reliability of our Gulf Coast Pipeline system,Ffolkes mentioned.
The additional hydrogen can be provided to Marathon Petroleum from Air Productspresent Gulf Coast Pipeline, the world largest hydrogen plant and pipeline community system. Air Products officially dedicated its GCP in 2012. The 600-mile pipeline span stretches from the Houston Ship Channel in Texas to New Orleans, Louisiana, and provides customers with over 1.Four billion ft of hydrogen per day from over 22 hydrogen manufacturing amenities.
Pipelines offer a safe, sturdy and dependable provide of hydrogen to the refinery and petrochemical industries world wide. Globally, Air Productspipeline operational expertise is evidenced by its network of programs. Apart from the GCP, Air Products also has a hydrogen pipeline in California within the U.S., in Sarnia, Ontario, Canada, and in Rotterdam, the Netherlands.
Hydrogen is broadly used in petroleum refining processes to remove impurities found in crude oil equivalent to sulphur, olefins and aromatics to satisfy product fuels specs. Eradicating these components allows gasoline and diesel to burn cleaner and thus makes hydrogen a essential part within the manufacturing of cleaner fuels needed by modern, efficient inner combustion engines.
Marathon Petroleum Company LP, a subsidiary of Marathon Petroleum Corporation, is one among the biggest petroleum refiners within the U.S. and the most important in the Midwest. Along with Garyville, Air Merchandise also supplies hydrogen to Marathon at its refineries in Detroit, Michigan, and Catlettsburg, Kentucky. The Garyville refinery is the latest greenfield refinery built in the U.S. (1976) and the third largest refinery within the U.S.
About Air Merchandise
Air Merchandise (NYSE: APD) is a world-main Industrial Gases firm in operation for over seventy five years. The Company core industrial gases business supplies atmospheric and process gases and associated equipment to manufacturing markets, together with refining and petrochemical, metals, electronics, and food and beverage. Air Products can be the world leading supplier of liquefied pure gasoline course of technology and equipment.
The company had fiscal 2016 sales of $7.5 billion from continuing operations in 50 nations and has a present market capitalization of approximately $30 billion. Roughly 16,000 workers are making Air Merchandise the world safest and greatest performing industrial gases company, offering sustainable choices and excellent service to all clients. For extra information, go to www.airproducts.com.
Word: This release might comprise ahead-wanting statements within the protected harbor provisions of the Non-public Securities Litigation Reform Act of 1995. These ahead-wanting statements are based on management reasonable expectations and assumptions as of the date of this release relating to necessary threat factors. Actual performance and financial results may differ materially from projections and estimates expressed in the ahead-wanting statements because of many elements not anticipated by management, together with threat elements described within the Company Type 10K for its fiscal 12 months ended September 30, 2016.
