Air Products Trials First Mercedes-Benz Genh2 Trucks as Part of Pioneering Project with Daimler Truck and Announces Plans for a European Hydrogen Refuelling Network
Air Products (NYSE: APD) has announced plans to build a network of permanent, commercial-scale hydrogen refuelling stations (HRSs) across Europe, strategically located near the Trans-European Transport Network (TEN-T). These stations will offer enhanced fueling technology, multiple pressure options, and onsite liquid hydrogen storage. The company is collaborating with Daimler Truck on a pioneering hydrogen truck pilot project, trialing five Mercedes-Benz GenH2 trucks at a mobile fuelling station in Duisburg.
Air Products is also doubling Europe's total liquid hydrogen capacity with a second liquefaction plant in Rotterdam. The company has secured funding from the European Commission and the German state of North Rhine-Westphalia for several HRS projects. This initiative aligns with Air Products' commitment to convert its distribution fleet to hydrogen-powered vehicles, supporting the advancement of a safe and resilient hydrogen ecosystem for heavy-duty transportation across Europe.
Air Products (NYSE: APD) ha annunciato piani per costruire una rete di stazioni di rifornimento di idrogeno permanenti e su scala commerciale (HRS) in tutta Europa, strategicamente situate vicino alla Rete Trans-Europea dei Trasporti (TEN-T). Queste stazioni offriranno tecnologia di rifornimento avanzata, diverse opzioni di pressione e stoccaggio di idrogeno liquido in loco. L'azienda sta collaborando con Daimler Truck a un progetto pilota innovativo per camion a idrogeno, testando cinque camion Mercedes-Benz GenH2 in una stazione di rifornimento mobile a Duisburg.
Air Products sta anche raddoppiando la capacità totale di idrogeno liquido in Europa con un secondo impianto di liquefazione a Rotterdam. L'azienda ha ottenuto finanziamenti dalla Commissione Europea e dallo stato tedesco della Renania Settentrionale-Vestfalia per diversi progetti HRS. Questa iniziativa è in linea con l'impegno di Air Products a convertire la sua flotta di distribuzione in veicoli alimentati a idrogeno, supportando lo sviluppo di un ecosistema dell'idrogeno sicuro e resiliente per il trasporto pesante in tutta Europa.
Air Products (NYSE: APD) ha anunciado planes para construir una red de estaciones de repostaje de hidrógeno permanentes y a escala comercial (HRS) en toda Europa, estratégicamente ubicadas cerca de la Red Transeuropea de Transporte (TEN-T). Estas estaciones ofrecerán tecnología de repostaje mejorada, múltiples opciones de presión y almacenamiento de hidrógeno líquido en el lugar. La empresa está colaborando con Daimler Truck en un innovador proyecto piloto de camiones de hidrógeno, probando cinco camiones Mercedes-Benz GenH2 en una estación de repostaje móvil en Duisburgo.
Air Products también está duplicando la capacidad total de hidrógeno líquido en Europa con una segunda planta de licuefacción en Róterdam. La empresa ha asegurado financiación de la Comisión Europea y del estado alemán de Renania del Norte-Westfalia para varios proyectos de HRS. Esta iniciativa está alineada con el compromiso de Air Products de convertir su flota de distribución a vehículos propulsados por hidrógeno, apoyando el avance de un ecosistema de hidrógeno seguro y resiliente para el transporte pesado en toda Europa.
Air Products (NYSE: APD)는 영구적이고 상업 규모의 수소 충전소 (HRS) 네트워크를 유럽 전역에 구축할 계획을 발표했습니다. 이 충전소는 트랜스유럽 운송 네트워크 (TEN-T) 근처에 전략적으로 위치할 예정입니다. 이러한 충전소는 고급 연료 기술, 다양한 압력 옵션 및 현장 액체 수소 저장을 제공합니다. 회사는 다임러 트럭와 협력하여 혁신적인 수소 트럭 파일럿 프로젝트를 진행 중이며, 뒤스부르크에 있는 이동식 충전소에서 5대의 메르세데스-벤츠 GenH2 트럭을 시험 운행하고 있습니다.
Air Products는 또한 로테르담에 두 번째 액화 플랜트를 통해 유럽 전체 액체 수소 용량을 두 배로 증가시키고 있습니다. 이 회사는 여러 HRS 프로젝트를 위해 유럽연합 위원회와 독일 노르트라인-베스트팔렌주에서 자금을 확보했습니다. 이러한 이니셔티브는 유럽 전역의 중량 물류를 위한 안전하고 회복력 있는 수소 생태계를 지원하면서 배급 차량을 수소 구동 차량으로 전환하려는 Air Products의 약속과 일치합니다.
Air Products (NYSE: APD) a annoncé des plans pour construire un réseau de stations de ravitaillement en hydrogène permanentes et à grande échelle commerciale (HRS) à travers l'Europe, stratégiquement situées près du Réseau Tran Européen de Transport (TEN-T). Ces stations offriront une technologie de ravitaillement améliorée, plusieurs options de pression et un stockage de l'hydrogène liquide sur place. L'entreprise collabore avec Daimler Truck sur un projet pilote de camion à hydrogène innovant, essayant cinq camions Mercedes-Benz GenH2 dans une station de ravitaillement mobile à Duisbourg.
Air Products double également la capacité totale d'hydrogène liquide en Europe avec une deuxième usine de liquéfaction à Rotterdam. L'entreprise a obtenu un financement de la Commission Européenne et de l'État allemand de la Rhénanie-du-Nord-Westphalie pour plusieurs projets HRS. Cette initiative est en phase avec l'engagement d'Air Products de convertir sa flotte de distribution en véhicules alimentés par hydrogène, soutenant le développement d'un écosystème d'hydrogène sûr et résilient pour le transport lourd à travers l'Europe.
Air Products (NYSE: APD) hat Pläne angekündigt, ein Netzwerk von dauerhaften, kommerziellen Wasserstofftankstellen (HRS) in ganz Europa zu bauen, strategisch in der Nähe des transeuropäischen Verkehrsnetzes (TEN-T) gelegen. Diese Stationen werden verbesserte Betankungstechnologie, mehrere Druckoptionen und vor Ort gespeicherten flüssigen Wasserstoff anbieten. Das Unternehmen arbeitet mit Daimler Truck an einem wegweisenden Pilotprojekt für Wasserstoff-Lkw, bei dem fünf Mercedes-Benz GenH2-Lkw an einer mobilen Tankstelle in Duisburg erprobt werden.
Air Products verdoppelt auch die gesamte Kapazität von Flüssigwasserstoff in Europa mit einem zweiten Verflüssigungswerk in Rotterdam. Die Firma hat Mittel von der Europäischen Kommission und dem deutschen Bundesland Nordrhein-Westfalen für mehrere HRS-Projekte gesichert. Diese Initiative steht im Einklang mit dem Engagement von Air Products, seine Vertriebsflotte auf wasserstoffbetriebene Fahrzeuge umzustellen und so eine sichere und widerstandsfähige Wasserstoffökonomie für den Schwertransport in ganz Europa zu unterstützen.
- Air Products is building a network of commercial-scale hydrogen refuelling stations across Europe
- The company is doubling Europe's total liquid hydrogen capacity with a new plant in Rotterdam
- Air Products has secured funding from the European Commission and German state for HRS projects
- Collaboration with Daimler Truck on a hydrogen truck pilot project
- Air Products is converting its distribution fleet to hydrogen-powered vehicles
- None.
Insights
Air Products' (NYSE: APD) announcement of plans to build a network of hydrogen refueling stations (HRS) across Europe is a significant development in the company's strategy to capitalize on the growing hydrogen economy. This move positions APD at the forefront of the clean energy transition in the transportation sector.
The company's investment in infrastructure, including a second hydrogen liquefaction plant in Rotterdam, demonstrates a long-term commitment to the European market. This expansion will double Europe's total liquid hydrogen capacity, potentially giving APD a competitive advantage in the region.
Financially, while specific investment figures aren't provided, the securing of subsidies from the European Commission and regional governments (like North Rhine-Westphalia) is a positive sign. These subsidies can help offset initial capital expenditures and improve project economics.
The collaboration with Daimler Truck adds credibility to APD's hydrogen strategy and could lead to long-term commercial partnerships. As APD plans to convert its own distribution fleet to hydrogen vehicles, this could result in operational cost savings and serve as a proof of concept for potential customers.
Investors should monitor the progress of these projects and their impact on APD's financials in the coming years. While the immediate financial impact may be , successful execution could position APD for significant growth in the expanding hydrogen market.
Air Products' initiative to build a network of hydrogen refueling stations (HRS) represents a significant technological advancement in the clean energy sector. The company's focus on commercial-scale stations with enhanced fueling technology and multiple pressure fueling options addresses key challenges in hydrogen infrastructure development.
The inclusion of onsite liquid hydrogen storage is particularly noteworthy. Liquid hydrogen has a higher energy density compared to compressed gas, allowing for more efficient storage and transportation. This could be a game-changer for long-haul transportation, potentially enabling hydrogen-powered trucks to compete with diesel in terms of range and payload capacity.
The collaboration with Daimler Truck on the Mercedes-Benz GenH2 truck trials is important for real-world testing. These trucks, with a range of over
From a technological standpoint, Air Products' expertise in hydrogen production, transportation and distribution positions them well to overcome the challenges of building a robust hydrogen ecosystem. The success of this initiative could accelerate the adoption of hydrogen technology in the transportation sector and potentially in other industries.
Air Products' announcement signals a significant shift in the European hydrogen market landscape. The company's plan to establish a network of hydrogen refueling stations (HRS) along major transportation corridors aligns with the EU's push for cleaner transportation and could catalyze the adoption of hydrogen-powered vehicles, particularly in the heavy-duty sector.
Market dynamics are favorable for this initiative. The European Commission's commitment to reducing greenhouse gas emissions by at least
The collaboration with Daimler Truck is particularly significant. Daimler is a major player in the European truck market and their involvement lends credibility to the hydrogen truck concept. If successful, this partnership could influence other manufacturers and fleet operators to consider hydrogen technology, expanding the potential market for Air Products' services.
However, challenges remain. The hydrogen vehicle market is still in its infancy and competition from battery electric vehicles is strong. Air Products will need to demonstrate the economic viability of their hydrogen solution to attract widespread adoption. The success of this initiative could position Air Products as a key player in the European hydrogen economy, but investors should be aware that the market development timeline may be lengthy.
Air Products' commercial-scale stations will deliver enhanced fueling technology, multiple pressure fuelling options and ultimately, onsite liquid hydrogen storage, which enables liquid fueling. As part of a robust European hydrogen network, they will help ensure reliability and convenience for heavy-duty transportation powered by hydrogen.
Industrial-scale liquid hydrogen in
Air Products' HRSs will be supplied with renewable hydrogen from its global hydrogen supply chain network, providing a dependable energy supply to heavy-duty transportation. This includes a second hydrogen liquefaction plant the company is building in
Progressing from plans to action
Air Products is already making progress. A number of current and planned stations have already been awarded subsidies by the European Commission through their Connecting Europe Facility (CEF) funding programme. These include:
- HRS's in
Rotterdam, the Netherlands and HürthGermany currently in commissioning phase - An HRS located at the Volvo Group site in the port of
Ghent ,Belgium Europe's first commercial-scale HRS with liquid hydrogen in the port of Zeebrugge,Belgium
In addition to CEF-funding, the company has also been awarded funding from the Ministry of Economic Affairs, Industry, Climate Action and Energy of the
Driving hydrogen-powered trucks adoption with Daimler Truck
In collaboration with Daimler Truck, a leader in heavy-duty transportation and decarbonization, Air Products' latest mobile fuelling station in Duisburg is being used in their pioneering hydrogen truck pilot project. As part of customer-trials, five Mercedes-Benz GenH2 trucks can refuel at the station enabling it to operate under real, heavy-duty fueling conditions. This will offer vital insights into the liquid hydrogen fueling interface and help inform the ongoing development of a future-ready hydrogen ecosystem.
Aligned with Air Products' commitment to convert its distribution fleet to hydrogen-powered vehicles, it is also trialling one of the GenH2 trucks as part of the project. The vehicle will be deployed in Air Products' existing fleet to transport cylinder gases, allowing it to gain valuable experience in the field of industrial gas transportation.
The Mercedes-Benz GenH2 trucks will be fuelled with liquid hydrogen, which enables a range of over 1,000 kilometers. In this aggregate state the energy carrier has a significantly higher energy density and as a result, more hydrogen can be carried, which significantly increases the range and enables comparable performance of the vehicle with that of a conventional diesel truck. Transportation can be significantly reduced with liquid hydrogen, and liquid hydrogen tanks also offer advantages in terms of cost and weight compared to compressed gaseous hydrogen. Thus, the use of liquid hydrogen enables a higher payload. This makes the Mercedes-Benz GenH2 Truck just as suitable for flexible and demanding long-haul road transportation as conventional diesel trucks.
Seifi Ghasemi, Chairman, President and Chief Executive Officer of Air Products: "With thousands of trucks delivering industrial gases to our customers every day, logistics is an integral part of our business. Trialling a Mercedes-Benz GenH2 Truck under real conditions is a critical step in our work to convert our distribution fleet to hydrogen-powered vehicles. On the pathway to sustainable transportation, safe and reliable production, transportation and distribution of renewable hydrogen across the entire value chain is also essential. This is Air Products' proven area of expertise, and we're proud to be providing critical refuelling infrastructure and liquid hydrogen as part of this project."
Martin Daum, Chairman of the Board of Management of Daimler Truck AG: "It is important to note that high-performance CO2-neutral vehicles alone will not be enough to make sustainable transportation successful. This also requires a corresponding charging and refuelling infrastructure, as well as cost parity with conventional vehicles. Although policymakers and energy companies are already active here, we urgently need even more momentum, across the entire
Accelerating the energy transition around the world
The announcement of a European hydrogen refuelling station network follows Air Products' recently shared plans to build a network of permanent, commercial-scale, multi-modal hydrogen refuelling stations stretching from
As the world's largest supplier of hydrogen, Air Products has hands-on operating experience with over 250 hydrogen fueling station projects in 20 countries, and the company's technologies are used in over 1.5 million fueling operations annually.
To learn more about Air Products' hydrogen fueling solutions and expertise, visit Air Products' Hydrogen Fueling website.
*Co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and not necessarily reflect those of the European Union or CINEA. Neither the European Union nor the granting authority can be held responsible for them.
About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products' base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the world's largest clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and provides turbomachinery, membrane systems and cryogenic containers globally.
The Company had fiscal 2023 sales of
This release contains "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 expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2023 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.
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