Air Products to acquire five hydrogen plants through $530m agreement with PDB Energy

Air Products, a US-based industrial gas giant, has signed a $530m agreement with PDB Energy which includes the purchase of five hydrogen steam methane reformer hydrogen production plants.

The five purchased plants have an approximate combined production capacity of 300 million standard cubic feet and are located in California and Delaware.

Announced today, the agreement also includes the long-term supply of hydrogen from those already operating plants to PBF refineries.

Seifi Ghasemi, Chairman, President and CEO of Air Products, said, “With this acquisition, not only do we gain five steam methane reformer plants, but we also secure a long-term hydrogen sale of gas agreement with an existing customer who is one of the largest independent refiners in North America.”

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...