Air Products to buy 5 hydrogen plants for $530 million, will supply hydrogen to PBF EnergyChristian Fernsby ▼ | March 31, 2020
Air Products announced it has signed agreements with PBF Energy that include the $530 million purchase of five hydrogen steam methane reformer (SMR) hydrogen production plants and the long-term supply of hydrogen from those already operating plants to PBF refineries.
Hydrogen PBF refineries
Topics: Air Products hydrogen plant PBF Energy
The deal is targeted to close during the third quarter of Air Products' 2020 fiscal year. ■