Monday, Air Products (APD) said that it has entered into a long-term agreement to supply hydrogen to Shell for one of the new units at its refinery complex near Rotterdam, the Netherlands. The company will supply Shell the hydrogen via pipeline and add an over six-mile extension to its existing over 80 mile pipeline system. The supply is due to be on-stream in 2011.
The Shell facility pipeline extension will be connected to Air Products' recently announced new world-scale hydrogen production plant in Rotterdam, planned to be on-stream in mid-2011. The new hydrogen plant will feature technology advancements to maximize facility energy efficiency and emissions reductions.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.