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RECOLOGY TESTS NORTH AMERICA’S FIRST HYDROGEN FUEL CELL-POWERED ELECTRIC REFUSE COLLECTION TRUCK, BUILT BY HYZON AND NEW WAY TRUCKS

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Partnership with U.S. Leaders New Way and Hyzon Makes SF First to Debut Cutting-Edge Zero Emission Vehicles

SAN FRANCISCO, Aug. 26, 2024 /PRNewswire/ — Recology, a 100-percent employee-owned company and industry leader in sustainable waste management, begins testing North America’s first hydrogen fuel cell-powered electric refuse collection vehicle – developed in partnership with New Way Trucks and Hyzon (NASDAQ: HYZN) – in San Francisco this week, accelerating a U.S.-led, zero-emission energy transition transforming the global waste industry and addressing climate change.

The refuse collection vehicle was built in partnership between New Way Trucks, an industry-leading refuse truck body manufacturer, and fuel cell manufacturer and technology developer Hyzon – both cutting-edge U.S. companies. Recology will be the first waste and recycling company to pilot this hydrogen fuel cell-powered electric refuse vehicle in the U.S., and San Francisco will be the first city in North America to test it on urban streets, reinforcing the company’s and the city’s pioneering efforts to reduce waste and use clean energy.

“In our quest to help protect the environment and address climate change, San Francisco is once again leading the nation in testing new approaches and equipment,” said Salvatore M. Coniglio, Chief Executive Officer of Recology. “Recology’s leadership on recycling and composting helped make San Franciscothe greenest big city in the nation‘; now we are leading the way on sustainable operations.”

Recology has long emphasized fleet sustainability. In 2019, the company put into service the nation’s first electric Class 8 rear loader in Seattle. Since then, Recology has tested electric collection vehicles throughout its operations and has prioritized the use of renewable or alternative fuels in its fleet – reducing the company’s emissions from fuel use by more than 77% since 2018.

Recology’s trial of the new hydrogen fuel cell-powered trucks on San Francisco streets tracks with regional leaders’ efforts to bring a similar technology to the ferry boats that traverse San Francisco Bay every day.

“Addressing climate change and air pollution, regionally and nationally, requires us to look at the vehicles we rely on every day to provide essential services to our communities. Recology has long partnered with the City to protect our environment by pioneering how we reduce waste. Now I’m excited to see how Recology is also helping us meet our aggressive greenhouse reduction goals through cleaner vehicles,” said Tyrone Jue, Director of the San Francisco Environment Department.

Given the number of waste collection trucks on the nation’s roadways on any given day, the transition to zero emission vehicles is a critical element of the U.S.’s strategy to address climate change and reduce greenhouse gas emissions.

“Considering there are more than 140,000 refuse trucks operating across the market today, waste collection presents an ideal application to showcase the viability of hydrogen fuel cell technology across the environmental services industry,” said Eric Evans, Chief Product Officer for New Way.

Recology leadership got an early look at the new technology late last year, and New Way and Hyzon debuted the hydrogen fuel cell-powered electric refuse vehicle at Waste Expo in Las Vegas in May. New Way’s expertise in refuse collection and Hyzon’s focus on providing zero-emission, high-performance fuel cell systems to decarbonize demanding industries promise to make electric refuse collection a reality for the North American waste and recycling industry.

“When I saw the incredible strides New Way and Hyzon were making toward a zero-emission future for our industry, I knew that Recology needed to bring this technology to San Francisco,” Coniglio said.

In partnering with Recology to be the first to test this revolutionary vehicle, New Way Chief Sales Officer Don Ross said, “Recology’s commitment to implementing clean energy initiatives make them the perfect partner to begin these trials. This hydrogen-powered refuse collection vehicle is being designed to best meet the needs of waste haulers who are championing alternative, sustainable solutions, and there is no better place to start these trials than in the San Francisco Bay Area with Recology, a company well-known for its sustainability initiatives.” Ross, who also serves as Chairman of the National Waste & Recycling Association (NWRA), added that “this technology has the potential to further advance emission reductions in solid waste operations, a traditionally hard to decarbonize industry.”

The first-of-its-kind refuse truck will be put to the test on routes in San Francisco, with Recology’s employee-owners at the wheel, over the next two weeks. After piloting this unique truck in San Francisco, Recology will test it in other Bay Area cities. New Way and Hyzon have scheduled additional trials throughout California later this year, to be followed by more trials in Canada.

Recology’s trial aims to confirm that zero-emission vehicles have the power and range required to complete collection routes and transport heavy loads. The companies are confident it will meet the challenge.

“Our Hyzon high-performance hydrogen fuel cell systems offer the right technology to provide zero-emission power tough enough to perform the hard work a refuse truck needs to deliver, day in and day out,” said Hyzon CEO Parker Meeks. “The interest will only increase, and I am excited for our continued partnership with New Way, and service providers like Recology, to change the future and power a better way forward.” 

Recology’s trials with New Way and Hyzon will build on the success of Hyzon’s electric refuse collection vehicle trials in Australia, which have demonstrated that hydrogen fuel cell technology is a viable replacement for traditional heavy duty diesel engines. All three companies look to show that the New Way-Hyzon hydrogen fuel-cell refuse collection vehicle is overcoming some of the inherent challenges identified with other zero-emission technologies, such as range issues, fluctuations in operating temperatures, and payload limitations.

“Our New Way Sidewinder automated side loader, combined with the consistent and regenerative power of Hyzon’s hydrogen fuel cell drivetrain, offers a lighter weight refuse vehicle, with similar range and performance as the diesel and CNG trucks,” New Way’s Evans said.

Additionally, to further prove hydrogen fuel cells as a more sustainable option in the refuse industry, Hyzon in July launched its Class 8 200kW FCEV tractor-trailer trial program, which Recology also plans to trial.

Hyzon’s high-performance hydrogen fuel cell systems have been shown to provide consistent power over an expected range of at least 125 miles, including at least 1,200 cart lifts, along with trips to transfer stations.

About Recology
Recology is the largest 100% employee-owned company in the waste recovery industry. Based in San Francisco, Recology operates throughout California, Oregon and Washington. Recology’s mission represents a fundamental shift from traditional waste management to resource recovery, seeking to eliminate waste by developing and discovering sustainable resource recovery practices that can be implemented globally. Recology seeks to achieve this by creating a resource ecosystem – one that both protects the environment and sustains the local communities the company serves. Recology’s focus on sustainable operations and practices makes it possible for the diverse communities Recology serves to achieve high landfill diversion and meet sustainability goals. Visit www.Recology.com to learn more.

About New Way Trucks
New Way Trucks is the largest privately held refuse collection equipment manufacturer in North America. New Way’s product lineup features top-performing rear loaders, front loaders and automated side loaders, including the industry-leading Sidewinder XTR™, ROTO PAC® with its exclusive self-cleaning auger, and the small but mighty Wolverine™ – no CDL required. New Way Trucks engineers and builds advanced, dependable, sustainable refuse collection products that best meet what waste haulers need, along with offering top-quality OEM parts and unmatched support and service through our nationwide distributor network. Visit www.newwaytrucks.com to learn more.

About Hyzon
Hyzon is a global supplier of high-performance hydrogen fuel cell technology focused on providing zero-emission power to decarbonize demanding industries. With agile, high-power technology designed for heavy-duty applications, Hyzon is at the center of a new industrial revolution fueled by hydrogen, an abundant and clean energy source. Hyzon focuses on deploying its fuel cell technology in heavy-duty commercial vehicles in Class 8 and refuse vehicles across North America. To learn more about how Hyzon partners across the hydrogen value chain to accelerate the clean energy transition, visit www.hyzonfuelcell.com.

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SOURCE Hyzon

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Air Products to Expand Integrated Gas Supply Network for Semiconductor Manufacturer in Taiwan

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New investment to support next-generation facility expansion

TAIPEI, July 22, 2026 /PRNewswire/ — Air Products (NYSE:APD), a world-leading industrial gases company, today announced Air Products San Fu has been awarded a long-term agreement to support a semiconductor manufacturer’s expansion in Taiwan. The project will supply multiple new semiconductor fabs and back-end packaging facilities, supporting growing demand driven by artificial intelligence and high-performance computing.

Air Products San Fu will build, own, and operate four large state-of-the-art air separation units and bulk gas supply systems with new underground pipeline systems. The company will supply a range of industrial gases, including nitrogen, oxygen, argon, and helium to support the customer’s semiconductor operations.

The new underground pipeline systems will be connected to Air Products’ existing pipeline network in Taiwan, further enhancing supply reliability, operational efficiency, and resilience.  

“Air Products is honored to be selected by our strategic customer to support their continued growth, building on our proven track record and strong long-term partnership,” said Paul Yang, President, Air Products San Fu. “This project further reinforces our role as a trusted supplier in Taiwan and reflects our long-term commitment to grow with our customers. It also underscores our world-class performance in safety, reliability and operational excellence, which are critical to meeting the increasingly demanding requirements of the electronics industry.”

Air Products has been serving the Taiwan market through Air Products San Fu for more than 70 years and has established leading supply positions across key science parks with extensive pipeline networks. The company operates one of the world’s largest ultra-high purity nitrogen pipeline systems in Southern Taiwan and is the first gas company in Taiwan awarded ISO9002 and ISO14000 certifications. 

This latest project further strengthens Air Products’ integrated supply footprint across both front-end semiconductor manufacturing and back-end advanced packaging, reinforcing its position as a key supplier to the electronics industry in Taiwan.

Air Products has served the global electronics industry for more than 40 years, supplying industrial gases safely and reliably to many of the world’s leading technology companies.

About Air Products

Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global hydrogen supplier, Air Products develops, engineers, builds, owns and operates some of the world’s largest hydrogen projects. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products had fiscal 2025 sales of $12 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedInXFacebook or Instagram.

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 the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and other factors disclosed in our filings with the Securities and Exchange Commission. 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.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/air-products-to-expand-integrated-gas-supply-network-for-semiconductor-manufacturer-in-taiwan-302831489.html

SOURCE Air Products and Chemicals, Inc.

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Air Products to Expand Integrated Gas Supply Network for Semiconductor Manufacturer in Taiwan

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New investment to support next-generation facility expansion

TAIPEI, July 22, 2026 /PRNewswire/ — Air Products (NYSE:APD), a world-leading industrial gases company, today announced Air Products San Fu has been awarded a long-term agreement to support a semiconductor manufacturer’s expansion in Taiwan. The project will supply multiple new semiconductor fabs and back-end packaging facilities, supporting growing demand driven by artificial intelligence and high-performance computing.

Air Products San Fu will build, own, and operate four large state-of-the-art air separation units and bulk gas supply systems with new underground pipeline systems. The company will supply a range of industrial gases, including nitrogen, oxygen, argon, and helium to support the customer’s semiconductor operations.

The new underground pipeline systems will be connected to Air Products’ existing pipeline network in Taiwan, further enhancing supply reliability, operational efficiency, and resilience.  

“Air Products is honored to be selected by our strategic customer to support their continued growth, building on our proven track record and strong long-term partnership,” said Paul Yang, President, Air Products San Fu. “This project further reinforces our role as a trusted supplier in Taiwan and reflects our long-term commitment to grow with our customers. It also underscores our world-class performance in safety, reliability and operational excellence, which are critical to meeting the increasingly demanding requirements of the electronics industry.”

Air Products has been serving the Taiwan market through Air Products San Fu for more than 70 years and has established leading supply positions across key science parks with extensive pipeline networks. The company operates one of the world’s largest ultra-high purity nitrogen pipeline systems in Southern Taiwan and is the first gas company in Taiwan awarded ISO9002 and ISO14000 certifications. 

This latest project further strengthens Air Products’ integrated supply footprint across both front-end semiconductor manufacturing and back-end advanced packaging, reinforcing its position as a key supplier to the electronics industry in Taiwan.

Air Products has served the global electronics industry for more than 40 years, supplying industrial gases safely and reliably to many of the world’s leading technology companies.

About Air Products

Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global hydrogen supplier, Air Products develops, engineers, builds, owns and operates some of the world’s largest hydrogen projects. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products had fiscal 2025 sales of $12 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedInXFacebook or Instagram.

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 the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and other factors disclosed in our filings with the Securities and Exchange Commission. 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.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/air-products-to-expand-integrated-gas-supply-network-for-semiconductor-manufacturer-in-taiwan-302831489.html

SOURCE Air Products and Chemicals, Inc.

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UOB partners Visa to launch new Visa Infinite tiers across ASEAN in landmark multi-market launch of such scale

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More than 300,000 cardholders will enjoy expanded suite of premium benefits as UOB strengthens its regional leadership in premium payment solutions.

SINGAPORE, July 22, 2026 /PRNewswire/ — UOB has partnered with Visa, a global leader in digital payments, to relaunch several card products across its five key markets (Singapore, Malaysia, Thailand, Indonesia and Vietnam) under Visa’s newly introduced premium card tiers, Visa Infinite Privilege and Visa Infinite Private.

UOB is progressively upgrading its suite of affluent and high-net-worth (HNW) card solutions to the new Visa Infinite tiers, reinforcing the Bank’s leadership in premium card innovation. With the relaunch, more than 300,000 UOB Visa Infinite cardholders across ASEAN will be upgraded to higher card tiers, giving them access to an expanded suite of premium benefits. All other cardholders will continue to enjoy their existing privileges, with no downgrades across the portfolio. Eligible UOB Visa Infinite cardholders will be notified of their new card tiers via UOB’s official channels from September onwards, with no action required from them.

UOB is currently Visa’s largest card issuer in ASEAN[1] and brings an unparalleled regional footprint and customer base, serving over 8.5 million customers across the region. As the first Visa issuer across ASEAN to execute a launch of this scale across multiple markets, UOB and Visa are setting a new benchmark for regional card offerings, delivering elevated privileges and experiences to affluent cardmembers in the region. This collaboration is timely as affluent spending in ASEAN experiences strong growth. The number of new UOB affluent cardholders[2] grew over 10 per cent year-on-year in 2025, while card billings for this segment surged more than 25 per cent in the same year.

Visa unveiled its refreshed Visa Infinite offering in Asia Pacific on 16 July 2026, reimagined for the evolving needs of today’s affluent consumers. Anchored in a three-tier card suite, the enhanced platform introduces greater flexibility, personalisation and differentiated benefits across the affluent spectrum. In addition to Visa Infinite, the portfolio now includes the newly launched Visa Infinite Privilege and Visa Infinite Private, enabling issuers to deliver more tailored value propositions, experiences and rewards to distinct customer segments within a unified premium framework.

Selected top-tier UOB cardholders across the region will enjoy access to enhanced platform privileges and UOB-exclusive curated experiences, tailored to their respective Visa Infinite tiers. This aligns with UOB’s sharpened customer segmentation approach and enhanced card value propositions, aimed at serving the unique needs of customers by offering exclusive privileges tailored to their lifestyle preferences.

Mr Pratik Bhattacharjee, Head of Group Cards and Payment Products, UOB, said, “As UOB continues to sharpen our customer-centric operating model, we are focused on serving our customers more holistically across the wealth spectrum. Our partnership with Visa marks a significant milestone in this journey, allowing us to deepen our engagement with affluent customers by curating exclusive experiences that money cannot buy. As we continue strengthening our offerings to cater to each customer’s aspirations and lifestyle, our goal is to connect with them through life moments and opportunities that truly matter.”

Mr. T.R. Ramachandran, Head of Products & Solutions for Asia Pacific, Visa, said, “The affluent segment is one of the fastest-growing consumer segments in Asia Pacific, with expectations evolving alongside it. Today’s affluent consumers are seeking experiences that are more personalised, seamless and relevant to their lifestyles. The refreshed Visa Infinite portfolio is designed to meet these changing expectations, and through our partnership with UOB, we are extending these enhanced experiences to affluent customers across Southeast Asia.”

Greater personalisation through tiered privileges

With Visa’s enhanced Infinite tier segmentation, selected cardholders will benefit from more tailored services, differentiated privileges and elevated experiences that reflect their evolving lifestyle needs. This includes access to curated regional and global lifestyle offers as well as premium destination-based travel and dining privileges worldwide as part of the base membership. In addition, selected cardholders will get exclusive access to top-tier concerts and global sporting events like FIFA World Cup™, and reserved entitlements to key lifestyle offerings under Visa Infinite Privilege. At the highest tier, Visa Infinite Private offers bespoke invitation-only experiences highly personalised for ultra-high-net-worth individuals.

Leveraging its deep understanding of affluent customers across the region, UOB will complement Visa’s refreshed benefits with exclusive privileges, curated experiences and value-added offerings tailored to the unique preferences of its cardmembers. For example, selected cardholders will be able to enjoy specially-customised luxury travel experiences and privileged access to curated series of rare timepieces.

Paired with the Bank’s unparalleled regional connectivity, advisory excellence and One Bank ecosystem, this partnership with Visa aligns with UOB’s aim to bring together banking, wealth and lifestyle holistically to all customers. This also furthers the Bank’s ambition to become the Bank of Choice for aspiring customers across ASEAN.

-END-

About UOB

UOB is a leading Asian bank with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of more than 470 branches and offices in 19 markets. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings.

For more than nine decades, UOB has adopted a customer-centric approach to create long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with, ASEAN.

The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalised banking experiences and solutions catering to each customer’s unique needs and evolving preferences. UOB is also committed to help businesses forge a sustainable future, by fostering social inclusiveness, creating positive environmental impact and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of art, social development of children and education, doing right by its communities and stakeholders.

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at www.visa.com.sg 

[1] Largest card issuer by total billings

[2] Includes UOB Reserve Card, UOB Zenith Card and UOB Visa Infinite cards

 

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SOURCE UOB

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