Air Products' Heartland Hydrogen Pipeline in Canada Commercialized

LEHIGH VALLEY, Pa., Nov. 8, 2010 /PRNewswire/ -- Air Products (NYSE: APD), the leading global hydrogen provider, and its subsidiary Air Products Canada Ltd. today announced that its Heartland Hydrogen Pipeline in Alberta, Canada has been commercialized and is supplying customers linked to the 30-mile pipeline with product.  Air Products also announced two additional long-term supply contracts off the pipeline with Dow Chemical Canada ULC and Evonik Degussa Canada Inc.

"We're very pleased that this pipeline is onstream and we have an established source of feed for the Heartland region's increasing industrial demand for hydrogen.  Hydrogen is a major feedstock for bitumen upgrading and refining and is very important in enabling the production of cleaner burning transportation fuels.  We located the pipeline in this region to support the continued operation and development of multiple industries in the area," said Steve Losby, general manager–Canada at Air Products.  "We are very pleased to add both Dow and Evonik Degussa to the companies being supplied from this hydrogen pipeline."

The pipeline is fed by Air Products' two hydrogen production facilities in Strathcona County near Edmonton, Alberta, Canada.  The hydrogen will be used by Dow at its polyethylene operations in Fort Saskatchewan, while Evonik Degussa will use the hydrogen feed at its hydrogen peroxide facility in Gibbons, Alberta.  In March 2010, Air Products had announced long-term hydrogen supply contracts via pipeline with Shell Canada Energy, Sherritt International Corporation, and Williams Energy (Canada) Inc.

Air Products received approval in 2009 from the Alberta Energy Resource Conservation Board for the project serving refiners, upgraders, chemical processors and other industries.

To view the complete news release, visit www.airproducts.com/PressRoom/CompanyNews/Archived/2010/08Nov2010.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