At Its Heart, the Inflation Reduction Act is Climate and Clean Energy-driven Legislation
Testimony on the importance of strict standards for the 45V hydrogen tax credits (March 25, 2024)
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Air Products Publishes 2024 Sustainability Report – “Generating a Cleaner Future”
Air Products published its 2024 Sustainability Report – “Generating a Cleaner Future” – detailing progress against its existing sustainability goals and announcing new ones; highlighting its clean hydrogen megaprojects around the world; and showcasing how its industrial gases and applications expertise enable customers to improve productivity and reduce environmental impact.
Formation of Management Board
Air Products has formed a Management Board that brings together talented senior leadership across the globe to execute the Company’s two-pillar growth strategy: to optimize and grow Air Products’ core industrial gases business while advancing the energy transition through clean hydrogen.
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Honeywell to Acquire Air Products LNG Business
Honeywell and Air Products jointly announced that Honeywell has agreed to acquire Air Products’ liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction.
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15-Year Supply Deal Signed for Green Hydrogen to Decarbonize TotalEnergies' European Refineries
TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tons of green hydrogen starting in 2030. This first long-term deal follows TotalEnergies’ call for tenders for the supply of 500,000 tons per year of green hydrogen to decarbonize TotalEnergies’ European refineries.
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Achieved Financial Close for NEOM Green Hydrogen Project
NEOM Green Hydrogen Company (NGHC) announced that following the signing of financial documents with 23 local, regional, and international banks, and investment firms, it has now achieved financial close on the world’s largest green hydrogen production facility located in NEOM’s Oxagon region.
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