26 November 2018
VIEW FULL PRESENTATION HYDROGEN SCALING UP
Customers want fueling to be reliable and uncomplicated.
We create that convenience for our customers
by integrating all the pieces of the hydrogen supply chain
and manufacturing a clean, user-friendly fuel
that you can count on.
Through our App and other information technology
we are making it easy for you to find us,
and when you pull up to use a
FirstElement Fuel station
you will know what to expect.
Thanks to our reliable, quick-fill stations
that make hydrogen fuel readily available,
you will soon be able to drive your fuel cell vehicle anywhere
in California, and eventually, anywhere in the United States.
DETAILS
Air Liquide will build
the first world scale liquid hydrogen production unit
dedicated to the hydrogen energy markets,
located in the Western U.S.,
and has signed a long-term agreement with
a leader in retail hydrogen infrastructure in the U.S.,
to supply hydrogen
to FEF’s retail liquid hydrogen fueling stations in California.
These new commitments will serve
the growing needs of the hydrogen mobility market
in California and help enable and complement
the deployment of hydrogen fuel cell electric vehicles
and support the hydrogen merchant market
across the state.
Air Liquide expects to invest over 150 million US dollars
to build a liquid hydrogen plant in the western United States,
with construction to begin in early 2019.
The plant will have a capacity of
nearly 30 tons of hydrogen per day —
an amount that can fuel 3
5,000 Fuel Cell Electric Vehicles (FCEVs).
Through this investment, Air Liquide will enable
the large-scale deployment of hydrogen mobility
on the west coast, providing a reliable supply solution
to fuel the 40,000 FCEVs expected
to be deployed in the state of California by 2022.
The plant will also support other fuel cell vehicle
and transportation markets in the region,
such as material handling and forklifts and heavy duty trucks.
The new plant is the first large scale investment into
the supply chain infrastructure needed
to support hydrogen energy solutions
for the energy transition, starting with transport and mobility.
The pace of FCEV deployment has now reached
a level requiring a growing scale of investment
and is paving the way
for the growth of zero emission mobility in other geographies.
In addition to the long-term supply agreement,
Air Liquide and FEF have entered into an agreement
outlining Air Liquide’s intent
to make an equity investment in FEF,
following previous assistance to the company
by Toyota and Honda. With these agreements,
Air Liquide also builds upon its existing collaborations
with Toyota and Honda to further enable
a robust hydrogen fueling infrastructure
and, along with others,
bolster the deployment of fuel cell electric vehicles
and the retail fueling infrastructure in California.
Michael Graff,
Executive Vice President &
Executive Committee Member of L’Air Liquide S.A. and
Chairman & CEO of American Air Liquide Holdings, Inc.
"This new investment in hydrogen production
and our collaborative relationship with FirstElement Fuel,
further demonstrate our long-term commitment
to the development of hydrogen energy for mobility,
and accelerate the deployment
of new hydrogen fuel cell electric vehicles
— cars, trucks, buses —
planned by automotive manufacturers like
Toyota, Honda and other leading OEMs.
We are convinced that hydrogen
is an essential sustainable energy vector
of the future and a cornerstone of the energy transition.
Joel Ewanick,
Founder & CEO of California-based
retail hydrogen station company,
FirstElement Fuel Inc.
"Air Liquide is bringing significant private investment
to build a key piece for growing California's hydrogen network.
It's yet another indication of the momentum
for hydrogen as a replacement for gasoline."
Jim Lentz,
CEO of Toyota North America,
“The commitment to construct a hydrogen plant of this scale
by Air Liquide and supply FirstElement Fuel
with hydrogen for its fueling stations in California
is a clear demonstration of the shared vision
of global leaders like Air Liquide, Toyota
and the OEM community
to innovate, build and deploy the vehicles
and infrastructure to enable clean mobility of the future.”
Steven Center,
Vice President, Connected &
Environmental Business Development Office,
American Honda Motor Co., Inc.
“Honda welcomes Air Liquide’s significant investment
in hydrogen refueling infrastructure for fuel cell vehicles.
Their commitment will broaden
the appeal of fuel cell electric vehicles
and speed the adoption of
this promising zero-emission vehicle technology.”
CONTACTS
Corporate Communications
+33 (0)1 40 62 58 49
media@airliquide.com
Corporate Communications - Americas
Michael Rosen
713 624 8023
Investor Relations
Paris - France
+33 (0)1 40 62 50 87
Philadelphia - USA
+1 610 263 8277
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