In conjunction with the Government of Canada and the Province of Alberta, the industrial gas giant today (June 9) said plans will begin with a transformative $1.3bn net-zero hydrogen production and liquefaction facility expected onstream in 2024.
The centre of Western Canada’s hydrogen economy, Alberta’s hydrogen complex is set to make the clean fuel a key enabler for the country’s carbon neutrality by 2050 goal. Further to that, the plans set the stage for Air Products to be at the heart of one of the most competitive markets.
According to a statement, the project has been approved by Air Products’ Board of Directors, subject to final completion of the agreements contemplated in signed Memorandums of Understanding (MoU) between Air Products and Canadian authorities, and with appropriate permit approvals.
Commenting on the plans, Seifi Ghasemi, Air Products’ Chairman, President and CEO, said, “We sincerely appreciate the support of the Government of Canada, the Government of Alberta, Invest Alberta, the Mayor of Edmonton and Edmonton Global. We are proud to expand our presence in this dynamic region, where we have found a vision for decarbonisation that mirrors our core values.”
“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.”
The development is consistent with, and will play a huge part in, Air Products’ growth strategy of executing global megaprojects that enable a transition to a cleaner, more sustainable energy future.
Dr. Samir Serhan, Air Products’ Chief Operating Officer, commented, “As the global leader in hydrogen production, Air Products is focused on providing competitive solutions for our customers. The combination of multiple facilities, state of the art technologies, our existing 55-kilometer Alberta Heartland Hydrogen pipeline, our project execution expertise, and our record of reliable operations will set the benchmark for competitive hydrogen to support growth in Alberta for many years to come.”
“Air Products has decades of hydrogen fuelling experience around the world and we are excited and ready for the developing market in Canada.”
Hon. Jason Kenney, Premier of Alberta, added, “Alberta is a leader in emission reduction and responsible energy development. Alberta’s combination of competitive taxes, abundant natural resources, and innovation are attracting new investment by world-leading companies, like Air Products, to expand their operations right here in our province.”
“This also demonstrates early success for Invest Alberta, with its mandate to promote our province as an international investment destination for new and exciting large-scale opportunities that build on Alberta’s experience and expertise.”