This Stock Is Fueling Hydrogen’s Future

Air Products and Chemicals (NYSE: APD  ) is known for supplying specialty gases to global industrial clients but the company has piqued my interest because of their growing position in hydrogen. In 2010, the company signed a deal with PetroChina (NYSE: PTR  ) to build a hydrogen facility in Sichuan, China with a goal of helping to make cleaner transportation fuels. The company also has an agreement to supply hydrogen to a subsidiary of India's POSCO and in October announced it will be building a new hydrogen plant for India's state-controlled oil and gas company Bharat Petroleum. More recently, Air Products announced it received a small grant ($900K) from the US Energy Department as part of a $7 million program to help lower costs related to commercializing cost-effective hydrogen and fuel cell technologies. 

For its part, Air Products is developing a tube trailer for hydrogen delivery and storage that can withstand high pressures, something that makes its SmartFuel H70/H35 retail hydrogen dispenser the future of filling up. As a clear leader in providing hydrogen to be used in internal combustion engine or fuel cells to generate power. Air Products, with over a half century's experience in hydrogen energy technology, is a name to watch as the move to embrace hydrogen continues to grow. 

 

Is this OPEC's demise 
Imagine a company that rents a very specific and valuable piece of machinery for $41,000… per hour (that’s almost as much as the average American makes in a year!). And Warren Buffett is so confident in this company’s can’t-live-without-it business model, he just loaded up on 8.8 million shares. An exclusive, brand-new Motley Fool report reveals the company we’re calling OPEC’s Worst Nightmare. Just click HERE to uncover the name of this industry-leading stock… and join Buffett in his quest for a veritable LANDSLIDE of profits!


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