To showcase safety, reliability, and efficiency of hydrogen
as a fuel
DAMMAM, Kingdom of Saudi Arabia, Dec. 12, 2022 /PRNewswire/ -- Air Products Qudra
today announced it has signed an agreement with Saudi Ground
Services (SGS) to demonstrate Hydrogen for Mobility at Dammam
Airport, Saudi Arabia. Saudi
Ground Services provide a wide range of ground handling services
throughout the entire network of airlines in Saudi Arabia, from passenger services and
baggage handling to fleet solutions and cargo services.
Air Products Qudra will work to increase the accessibility of
clean hydrogen including the building of hydrogen infrastructure to
support Saudi Arabia's energy and
climate ambitions, including within the hydrogen for mobility
space.
"Saudi Ground Services and Air Products Qudra are converging on
the first application in the ground handling aviation sector in the
kingdom. This is built on the foundations laid down for us by the
Saudi Green Initiative, one of the most important cornerstones of
the Saudi Arabian Vision 2030, as sponsored by his Royal Highness
the Minister of Energy," said Raed
Al-Idrissi, CEO of Saudi Ground Services. He continues:
"This is only a step in a collection of initiatives aiming to
further drive clean technologies to be the 'Face of Saudi Arabia', the face of intelligence,
sustainability, and hydrogen mobility."
Ebubekir Koyuncu, Air Products Qudra's Chief Executive Officer
added: "We are committed to our strong partnership with Saudi Green
Initiative and committed to achieve the environmental goals. Our
support is further reflected in our business with SGS, as we
continue to lead the way with environmental, sustainable and
efficient projects throughout Saudi
Arabia and the broader Middle
East region."
Air Products Qudra's mission is to generate a cleaner future for
the world, and that involves experience, technology, and innovation
on a world scale. The venture's hydrogen for mobility technology
reduces environmental impacts and covers the entire value chain for
hydrogen fueling.
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 industrial gas and
carbon-capture projects, supplying world-scale clean hydrogen for
global transportation, industrial markets, and the broader energy
transition. Additionally, Air Products is the world leader in the
supply of liquefied natural gas process technology and equipment,
and globally provides turbomachinery, membrane systems and
cryogenic containers.
The Company had fiscal 2022 sales of $12.7 billion from operations in over 50
countries and has a current market capitalization of about
$70 billion. More than 21,000
passionate, talented and committed employees from diverse
backgrounds are driven by Air Products' higher purpose to create
innovative solutions that benefit the environment, enhance
sustainability and reimagine what's possible to address the
challenges facing customers, communities, and the world. For more
information, visit www.airproducts.com or follow us on LinkedIn,
Twitter, Facebook or Instagram.
About Air Products Qudra
Air Products Qudra is the regional development and investment
joint venture (JV) for Middle East
between Air Products and Qudra Energy, a subsidiary of Vision
Invest. Air Products is a world-leading industrial gases company
developing, engineering, building, owning and operating many of the
world's largest industrial gas projects; Vision Invest is a leading
development and investment Holding Company in the Kingdom of Saudi Arabia, with a diversified
portfolio of investments across several sectors such as Utility,
Infrastructure, Logistics and Industrial Gases with a global
operational investment footprint.
Formed following several years of partnership between its parent
companies, Air Products Qudra's mission is to bring world-class
technology, on-site solutions, and leading project execution and
operational leadership for large-scale energy and environmental
projects throughout the Middle
East region. For more information
visit www.airproductsqudra.com
Cautionary Note Regarding Forward-Looking Statements: 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 risk factors
described in our Annual Report on Form 10-K for the fiscal year
ended September 30, 2022.
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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