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All change at Air Products: The rise of Menezes

Gas
February 4, 2025

The appointment by Air Products of former Linde executive Eduardo Menezes as CEO marks a notable change of direction for the industrial gas major. Here’s more on Menezes and on how was he was confirmed as CEO of Air Products.

Menezes assuming the top job follows a boardroom shake-up at Air Products that has been driven by pressure from long-term activist investors including DE Shaw, but in particular Mantle Ridge.

Recently Mantle Ridge and its founder Paul Hilal built and shared online a substantial portfolio of materials arguing of the need for change at Air Products, in which it holds a stake worth $1.3bn.

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Gas
August 24, 2026

Lithuania approves EIA programme for Klaipėda CO2 terminal

By 53 min ago 2 min read Lithuania’s Environmental Protection Agency has approved the Environmental Impact Assessment (EIA) programme for a planned carbon dioxide (CO2) transshipment terminal in Klaipėda, marking…

Gas
August 24, 2026

US brewery records $100,000 loss from CO2 supply shortages

By 28 min ago 3 min read The president of a major US craft brewery has described how CO2 shortages and supply uncertainties led to $100,000 in lost revenues. Speaking…