Industrial gas giant,
Air Products & Chemicals Inc.
), has built a new hydrogen fueling station - a SmartFuel branded
station - in Torrance, Calif. It is installed and operational for
filling vehicles with hydrogen at
Honda Motor Co., Ltd.
) Research & Development headquarters.
The new SmartFuel branded station took around seven months to
complete, right from signing the contract, construction work,
final commissioning with hydrogen to starting operations at the
station. The new station is built with advanced patented
technologies fueled by Air Products and it acts as a model of how
a hydrogen fueling station can be constructed safely and made
operational within a limited time frame.
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The new station which is modeled after Air Products'
"compressionless hydrogen fueling station", provides hydrogen
fueling at 700 bar (10,000 psi) and includes Air Products'
patented technology to practice the SAE J2601 fueling protocol.
The company holds an entire portfolio of global patents, has
several SmartFuel fueling station concepts including modular and
expandable technology and some pending patents, related to the
Hydrogen is a perfect fuel as it is non-toxic, available
abundantly, can be produced from renewable resources and is not a
greenhouse gas. Significant advances have been made to use
hydrogen as an alternative fuel for transportation and power
generation that can simultaneously reduce a country's dependence
on foreign oil and remarkably reduce greenhouse gases.
Air Products has over 50 years of hydrogen experience and holds
an extensive patent portfolio in hydrogen dispensing technology.
Usage of this technology is increasing year over year with over
800,000 hydrogen fills per year. It is also involved with more
than 150 hydrogen fueling projects in the U.S. and 20 other
countries across the globe. Air Products' trend-setting
technologies have fueled cars, trucks, vans, buses, scooters,
forklifts, locomotives, planes, cell towers, material handling
equipment and even submarines.
Air Products currently carries a Zacks Rank #3 (Hold).
Other companies in the chemical industry worth considering
Northern Technologies International Corp.
The Dow Chemical Company
). While Northern Technologies holds a Zacks Rank #1 (Strong
Buy), Dow carries a Zacks Rank #2 (Buy).