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Media inquiries:  
Katharina Immoor 
thyssenkrupp nucera
Head of Communications
Phone: +49 231 547 2863
Email: katharina.immoor@thyssenkrupp.com

Investor inquiries:
Dr. Claus Ehrenbeck
thyssenkrupp AG
Head of Investor Relations
Phone: +49 201 844 536464
Email: claus.ehrenbeck@thyssenkrupp.com

About thyssenkrupp nucera:  
thyssenkrupp nucera offers world-leading technologies for high-efficiency electrolysis plants. The company, a Joint Venture with Industrie De Nora, has extensive in-depth knowledge in the engineering, procurement, and construction of electrochemical plants and a strong track record of more than 600 projects with a total rating of over 10 gigawatts already successfully installed. With its water electrolysis technology to produce green hydrogen, the company offers an innovative solution on an industrial scale for green value chains and an industry fueled by clean energy – a major step towards a climate-neutrality.

 www.thyssenkrupp-nucera.com

Media inquiries:  
Katharina Immoor 
thyssenkrupp Uhde Chlorine Engineers
Head of Communications
Phone: +49 231 547 2863 
Email: katharina.immoor@thyssenkrupp.com

Investor inquiries:
Dr. Claus Ehrenbeck
thyssenkrupp
Head of Investor Relations
Phone: +49 201 844 536464
Email: claus.ehrenbeck@thyssenkrupp.com

About thyssenkrupp Uhde Chlorine Engineers:  

thyssenkrupp Uhde Chlorine Engineers offers world-leading technologies for high-efficiency electrolysis plants. The company, a Joint Venture with Industrie De Nora, has extensive in-depth knowledge in the engineering, procurement, and construction of electrochemical plants and a strong track record of more than 600 projects with a total rating of over 10 gigawatts already successfully installed. With its water electrolysis technology to produce green hydrogen, the company offers an innovative solution on an industrial scale for green value chains and an industry fueled by clean energy – a major step towards a climate-neutrality.

Air Products (NYSE:APD) has awarded thyssenkrupp Uhde Chlorine Engineers a contract to supply a more than two-gigawatt (2 GW) electrolysis plant for one of the world’s largest green hydrogen projects at NEOM in Saudi Arabia. Under this contract, thyssenkrupp will engineer, procure and fabricate the plant based on their large-scale 20 megawatt (MW) alkaline water electrolysis module. Upon commissioning, the project partners – NEOM, ACWA Power and Air Products (“NEOM Green Hydrogen Company”) – will operate the facility, which will produce hydrogen to be synthesized into carbon-free ammonia for export exclusively by Air Products to global markets. Engineering and procurement activities have been initiated, and the start of production is scheduled for 2026.

Strong partnership with strong sustainability lever

In July 2020, Air Products, together with ACWA Power and NEOM, announced the signing of an agreement for world-scale green hydrogen-based ammonia production facility powered by renewable energy. thyssenkrupp was selected by its strategic partner Air Products early in the project as technology supplier and has worked intensively on early engineering and project development. The signing of the project contract is a key milestone of both companies’ joint effort over the past year to use their complementary technology, engineering and project execution strengths to develop green hydrogen production facilities. The realization of the project leverages thyssenkrupp’s large-scale technology supporting Air Products’ development of green hydrogen for sustainable transportation, chemicals and power generation.

Dr. Samir J. Serhan, Chief Operating Officer at Air Products, says: “This project milestone with thyssenkrupp furthers our strong progress at NEOM to deliver carbon-free hydrogen on a massive scale in the Kingdom and for the world. The development and execution of this innovative megaproject is one of many required to drive a successful energy transition, and we look forward to continuing to develop, build, own and operate facilities that help address the world’s significant energy and environmental challenges. This project is the kickoff to become a frontrunner in the green hydrogen economy.”

“As a world market leader in electrolysis we bring in two decisive factors to realize such gigawatt projects: With our large-scale standard module size and gigawatt cell manufacturing capacity per year together with our Joint Venture partner De Nora we are able to deliver large capacity projects today”, says Denis Krude, CEO of thyssenkrupp Uhde Chlorine Engineers. “With this gigawatt project, we are committed to invest into ramping up our manufacturing capacities further. We also aim for a strong local setup which is key to delivering customized service solutions throughout the entire plant life-cycle and enables our strategic partner in their vision to become a global decarbonization pioneer.”

Media inquiries:

Katharina Immoor
thyssenkrupp Uhde Chlorine Engineers
Head of Communications
Phone: +49 231 547 2863
Email: katharina.immoor@thyssenkrupp.com

Katie McDonald
Air Products
Vice President Corporate Communications
Phone: +1 610 04813673
Email: mcdonace@airproducts.com

Investor inquiries:

Dr. Claus Ehrenbeck
thyssenkrupp
Head of Investor Relations
Phone: +49 201 844 536464
Email: claus.ehrenbeck@thyssenkrupp.com

Simon Moore
Air Products
Vice President Investor Relations, Corporate Relations and Sustainability
Phone: +1 610 4817461
Email: mooresr@airproducts.com

About thyssenkrupp Uhde Chlorine Engineers:

thyssenkrupp Uhde Chlorine Engineers offers world-leading technologies for high-efficiency electrolysis plants. The company, a Joint Venture with Industrie De Nora, has extensive in-depth knowledge in the engineering, procurement, and construction of electrochemical plants and a strong track record of more than 600 projects with a total rating of over 10 gigawatts already successfully installed. With its water electrolysis technology to produce green hydrogen, the company offers an innovative solution on an industrial scale for green value chains and an industry fueled by clean energy – a major step towards a climate-neutrality.

About Air Products:

Air Products (NYSE:APD) is a world-leading industrial gases company in operation for 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale carbon-free hydrogen projects supporting global transportation and the energy transition. The Company had fiscal 2021 sales of $10.3 billion from operations in over 50 countries and has a current market capitalization of over $65 billion. More than 20,000 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 address the challenges facing customers, communities, and the world. For more information, visit airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.

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, 2021. 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.

thyssenkrupp intends to enter into a strategic partnership with Dii Desert Energy – an independent industry initiative and market enabler from Dubai and Munich.[1] Dii, also known as Desertec Industrial Initiative, has been a pioneer in the MENA region both in renewable energy since 2009 and green hydrogen since 2016. In 2017, thyssenkrupp joined Dii as associated partner, cooperating successfully on various topics of the energy transition. This commitment is now to be further strengthened by this new prominent partnership status.

The MENA region is expected to become one of the frontrunners of medium and large-scale green hydrogen and ammonia projects. Bilateral energy partnerships – such as between Germany and the UAE, Saudi Arabia and Morocco – will accelerate this development. Bringing together the right players of technology supply and downstream applications is key to creating an international market for “green molecules” such as hydrogen, ammonia and E-fuels. In this, Dii will play a central role for thyssenkrupp among others as a market enabler of hydrogen technology.

Andreas Beckers, representative for thyssenkrupp at Dii and CEO and Executive Board Member at thyssenkrupp Industrial Solutions Egypt: “We are excited to formulate this partnership with Dii as it enables us to offer our large-scale, state-of-the-art technology for green hydrogen and green ammonia production to create sustainable value in the region.”

Paul van Son, President of Dii comments: “We are thrilled that thyssenkrupp as a new shareholder of Dii is now representing the traditionally strong European voice alongside ACWA Power of Saudi Arabia and State Grid of China.”

Cornelius Matthes, CEO, adds: “thyssenkrupp brings a unique profile as both one of the largest emerging off-takers of green hydrogen for steel production and world’s largest manufacturer of alkaline electrolysers. This will will boost the work of our industry network along the entire value chain from emission free energy sources to industrial demand in the region and intercontinentally”.

Paddy Padmanathan, President & CEO of ACWA Power says: „We welcome thyssenkrupp as a fellow shareholder and prominent supporter of Dii. In the past, we have highly appreciated industry representation from Europe, in particular from Germany, in the governance of Dii’s well represented industry group. We are, thus, very happy that this tradition will be continued.”

About Dii Desert Energy:

Dii Desert Energy was launched in 2009 as an industrial initiative in Germany (initially under the name 'Desertec Industrial Initiative') to explore the potential of renewable energy in the desert areas of North Africa and the Middle East (MENA region = Middle East North Africa), to improve market conditions and to exploit synergies by connecting the European and MENA electricity markets. At that time, the 'Desertec vision' focused mainly on electricity from deserts for Europe. In 2015 the focus was directed to the energy transition in the first place in the MENA Region itself.  In recent years, Dii’s approach has evolved to both 'green electrons' and 'green molecules' along the value chain from source, transport and storage to the demand side, for the own region and eventually for export of emission free energy into the world markets.

About thyssenkrupp:

thyssenkrupp is a diversified group of companies with several business units and global footprint.  thyssenkrupp’s Uhde combines unique technological expertise and decades of global experience in the engineering, procurement, construction and service of chemical plants. The portfolio includes leading technologies for the production of basic chemicals, fertilizers and polymers as well as complete value-chains for sustainable chemicals. thyssenkrupp Uhde Chlorine Engineers offers world-leading technologies for high-efficiency electrolysis plants. The company has already successfully installed more than 600 projects and electrochemical plants worldwide, with a total capacity of over 10 gigawatts. With its water electrolysis technology for the production of green hydrogen, they offer an innovative solution for industrial-scale applications. This way, thyssenkrupp business units cover the entire value chain for green chemicals, from hydrogen to ammonia, methanol and synthetic natural gas – a major step towards a climate-neutral industry.

[1] Disclaimer: Subject to final approval by the relevant authorities, thyssenkrupp would become Dii shareholder by December 2021/January 2022.

Dii Desert Energy press contact:

Lutz Cleffmann
ECCO Düsseldorf
EC Public Relations GmbH
Phone: +49 211 23 94 49-21
Email: lutz.cleffmann@ecco-duesseldorf.de

thyssenkrupp press contacts:

Katharina Immoor 
Green hydrogen, thyssenkrupp Uhde Chlorine Engineers
Phone: +49 231 547 2863 
Email: katharina.immoor@thyssenkrupp.com

Christian Dill
Green ammonia, Business Unit Uhde
Phone: +49 231 547 3334 
Email: christian.dill@thyssenkrupp.com

• H₂Giga: thyssenkrupp is driving forward the industrialization of alkaline water electrolysis through automated series production

• H₂Mare: thyssenkrupp tests the offshore production of green methanol and ammonia

• TransHyDE: thyssenkrupp tests ammonia cracking

  With the hydrogen lead projects – its largest research initiative to date on the topic of energy transition, the German Federal Ministry of Education and Research (BMBF) is supporting Germany’s entry into the hydrogen economy. thyssenkrupp is involved in all three hydrogen lead projects and is testing the industrial production, use and system integration of green hydrogen. Within four years up to 2025 thyssenkrupp will therefore be further expanding its technology leadership along the entire green chemicals value chain. This involves the series manufacturing of large-scale water electrolyzers (H₂Giga), the production of synthetic fuels, green ammonia, green methanol and synthetic methane at sea (H₂Mare), as well as hydrogen transport and conversion technologies such as ammonia cracking (TransHyDE). These flagship projects will bundle the expertise for hydrogen technologies in science, industry and civil society throughout Germany, thereby providing the initial spark for the development, conception and implementation of hydrogen solutions on an industrial scale.

  “With its comprehensive technology portfolio for both completely green value chains and the recycling of emissions in closed-loop systems, thyssenkrupp can represent the entire value chain for green chemicals,” explains Martina Merz, Chairwoman of the Executive Board of thyssenkrupp AG. “Bringing together this strength of our innovation-driven long-standing company with scientific research in the hydrogen flagship projects is the recipe for success for the implementation of the National Hydrogen Strategy and for keeping Germany’s technology leadership competitive internationally.”

  Upscaling of water electrolysis to automated gigawatt series production
  thyssenkrupp will be receiving almost 8.5 million euros in subsidies for the research and development of the large-scale production of alkaline water electrolysis (AWE). The aim on the one hand is to take advantage of scaling effects and thereby be able to reduce the manufacturing costs. On the other hand, an expansion of the existing supply chain of 1 gigawatt (GW) of electrolysis cells enables larger project volumes to be implemented, so that several gigawatt projects can be implemented at the same time each year.

  Martina Merz emphasizes the need for this research initiative: “We have seen a significant shift in the project sizes towards several hundred megawatts to gigawatts in recent months, so that large-volume and automated series production is already in line with market demand today. For these orders of magnitude, simple upscaling is not feasible, but disruptive approaches have to be applied, which are being developed, tested and optimized in individual steps within the framework of this project.” So, on the one hand, completely new stack and cell development work is being carried out in order to develop the next technology generation of alkaline electrolysis. Furthermore, we are striving to implement the supply chain optimization process required for industrial series production. Through the use of robotics and automation, both the manufacturing and assembly processes are being optimized.

  The thyssenkrupp-led H₂Giga project “INSTALL AWE” focuses on the industrialization of AWE, which is today the furthest developed market-ready technology and used above all for large-scale industrial applications. The modular and standardized 20 MW module from thyssenkrupp is also advantageous in terms of economic aspects and climate protection. In contrast to the compact construction of PEM electrolyzers, the single-element technology used for AWE enables selective maintenance work to be carried out on individual cells instead of having to replace the entire stack. This conserves resources and reduces the operating costs. Essential for this ramp-up to series production is the core relationship with the Joint Venture partner Industrie De Nora, a globally renowned specialist in electrochemistry and high-quality supplier for cell manufacturing and coatings. The fully integrated workflow between thyssenkrupp and De Nora, their proven set-up gigawatt supply chain for water electrolysis cells and global service workshops is the strong basis for this next development step. For this purpose, thyssenkrupp will be working together with its long-standing partners like De Nora and Hoedtke GmbH & Co. KG, as well as scientific partners, but will also be building on new collaborations. In the H₂Giga innovation pool with institutions, universities and small specialized companies offering scientific and technical skills with respect to the subject of series production, investigations of broader research and development topics are being carried out which are also intended to further drive forward thyssenkrupp’s own development.

  Offshore ammonia for direct shipment
  The H₂Mare flagship project is aimed at developing the production of hydrogen and downstream products such as synthetic fuels, methanol, ammonia and synthetic methane on the high seas. The power-to-X processes being worked on by thyssenkrupp comprise all three of the last-named products. The company will receive funding of 780,000 euros in the H₂Mare “PtX-Wind” project for the development of the fundamentals up to the engineering stage.

  As a specialist in chemical plant engineering and construction, thyssenkrupp can offer various integrated green value chains based on its water electrolysis technology. These include, for example, processes for the production of sustainable ammonia, methanol and synthetic natural gas (SNG). In addition, the company can contribute its extensive knowledge of process optimization, technology scale-up, modularization and experience from over 2500 projects. The holistic consideration of the selected plant and process concepts comprises all relevant research questions from material evaluations and operating modes to safety and environmental concepts.

  As offshore wind turbines supply significantly greater quantities and more regular power than their onshore counterparts, the direct generation of hydrogen and other power-to-X products holds great potential, since the CO₂ and nitrogen required in addition to water can be extracted directly from the air on site. The production of green ammonia in particular can be decisive here, as its high energy density and simpler storage technology make ammonia the cheaper option in some applications compared to hydrogen, for example as a fuel for ships. In countries with a high potential for the production of hydrogen due to good supply of solar and wind power, for example Australia or Chile, green ammonia is superior to green hydrogen as an energy carrier that is destined for export. Since ammonia is transported by ship, transportation routes – and therefore costs – would be saved through direct offshore generation by coupling wind turbines with electrolyzers. Moreover, the offshore wind farm sizes make larger production volumes possible, which in turn reduces the selling prices and makes green ammonia more competitive as an energy carrier.

  Research on hydrogen transport solutions
  thyssenkrupp is also involved in the third flagship project TransHyDE and is considering the potential of the ammonia cracking process as an associated partner. Over long distances in particular, the transportation of ammonia as a hydrogen carrier is more profitable. After the transportation of green ammonia and its conversion back from liquid ammonia into its constituents hydrogen and nitrogen at locations where hydrogen is required, the hydrogen produced in this way can be put to direct use. Potential applications include, for example, its use in steelworks, as a green feed for chemical plants, or in fuel cells in order to be converted into electrical energy. With Uhde’s extensive expertise in the field of ammonia synthesis, the research into the binding of  green hydrogen in ammonia for transportation and its subsequent release demonstrates the innovative spirit and future viability of the established technology portfolio elements.

  About the hydrogen lead projects:
  Funded by the German Federal Ministry of Education and Research. Over 240 partners from science and industry are working together in the hydrogen lead projects. This spring, the projects were launched on the basis of non-binding funding prospects. The funding will amount to around 740 million euros in total. More information is available at wasserstoff-leitprojekte.de.

  About us:
  thyssenkrupp Uhde Chlorine Engineers offers world-leading technologies for high-efficiency electrolysis plants. The company, a Joint Venture with Industrie De Nora, has already successfully installed more than 600 projects and electrochemical plants worldwide with a total capacity of over 10 gigawatts. With its water electrolysis technology to produce green hydrogen, it offers an innovative solution on an industrial scale. thyssenkrupp Uhde has unique technology expertise and decades of global know-how in the field of chemical plant construction at its disposal – from planning and construction to a comprehensive service. Among other things, the portfolio comprises leading technologies for the production of basic chemicals, fertilizers and plastics, as well as complete value chains for green chemicals. In this way thyssenkrupp’s business areas cover the entire value chain for green chemicals – from hydrogen, ammonia and methanol to synthetic natural gas – a major step towards a climate-neutral industry.

  Press contacts:
  Katharina Immoor
  thyssenkrupp Uhde Chlorine Engineers GmbH
  Communications green hydrogen
  Phone: +49 231 547 2863
  Email: katharina.immoor@thyssenkrupp.com

  Christian Dill
  thyssenkrupp Uhde
  Communications green ammonia
  Phone: +49 231 547 3334
  Email: christian.dill@thyssenkrupp.com

  Investor Relations:
  Dr. Claus Ehrenbeck
  thyssenkrupp Head of Investor Relations
  Phone: +49 201 844 536464
  Email: claus.ehrenbeck@thyssenkrupp.com