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Air Products plans hydrogen complex in Alberta province

June 16/2021

MOSCOW (MRC) -- US industrial gases major Air Products will work with Canada’s federal government and the Alberta provincial government on a planned net-zero hydrogen energy complex in Edmonton, Alberta, said the company.

Air Products, the world leader in hydrogen production, and its subsidiary Air Products Canada Ltd., in conjunction with the Government of Canada and the Province of Alberta, today announced a multi-billion dollar plan to build a landmark new net-zero hydrogen energy complex that will make Edmonton, Alberta the centre of western Canada’s hydrogen economy and set the stage for Air Products to operate the most competitive and lowest-carbon-intensity hydrogen network in the world.

Canada’s clean energy diversification strategy and regulatory framework make clear that hydrogen is a key enabler for carbon neutrality by 2050. Aligned with that vision, Air Products began work in 2018 on the core of this world-scale energy complex in Edmonton, which will begin with a transformative USD1.3 billion (CAD) net-zero hydrogen production and liquefaction facility expected onstream in 2024. This project has been approved by Air Products’ Board of Directors, subject to final completion of the agreements contemplated in signed Memorandums of Understanding between Air Products and Canadian authorities, and with appropriate permit approvals. This development is consistent with Air Products’ growth strategy of executing global megaprojects that enable a transition to a cleaner, more sustainable energy future.

The project relies on an innovative combination of well-established technologies to jump-start an ambitious transition to carbon neutrality. It will take advantage of Canada’s abundant and low-cost natural resources, extensive infrastructure, highly skilled workforce, and innovative spirit to be a model for other jurisdictions around the globe.  

"We sincerely appreciate the support of the Government of Canada, the Government of Alberta, Invest Alberta, the ayor of Edmonton and Edmonton Global. We are proud to expand our presence in this dynamic region, where we have found a vision for decarbonization that mirrors our core values,” said Seifi Ghasemi, Air Products’ Chairman, President and Chief Executive Officer. “Sustainability is our pathway to growth and central to Air Products’ business every day around the world. By being a first mover and investing in this innovative landmark project, we are paving the way for hydrogen from Edmonton to meet industrial and transportation needs throughout western Canada. Our highly integrated project will be a model for net-zero atmospheric gas, hydrogen and power production consistent with our announced growth platforms."

As MRC informed earlier, Air Products and Chemicals Inc is “prepared” to invest USD10 billion in Indonesia, including in a project involving the state oil company and a coal firm, the secretary general of Indonesia’s National Energy Council said. “Air Products has sent a letter to the government of Indonesia. They are prepared to invest USD10 billion,” Djoko Siswanto told CNBC Indonesia on Thursday. He said the first USD2 billion would be invested in a project with state coal miner PT Bukit Asam and state oil company PT Pertamina.

Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 744,130 tonnes in the first four month of 2021, up by 4% year on year. Shipments of all PE grades increased. At the same time, PP deliveries to the Russian market were 523,900 tonnes in January-April 2021, up by 55% year on year. Supply of homopolymer PP and PP block copolymers increased, whereas shipments of PP random copolymers decreased.

(USD1 = CD1.21)


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, crude oil, PP, PE, ethylene, neftegaz, petrochemistry, Air Products.
Category:General News
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