When Seifi Ghasemi took the helm as CEO of Air Products in 2014, he inherited a company at a crossroads. Over the next decade, Ghasemi transformed the industrial gases giant into a global powerhouse, spearheading some of the most ambitious projects in the industry.
From multi-billion-dollar gasification plants to groundbreaking hydrogen energy initiatives, Ghasemi’s tenure was defined by bold investments and a relentless focus on growth. As the company transitions to new leadership under former Linde executive Eduardo Menezes, we take a look back at the landmark projects that defined Ghasemi’s era and reshaped Air Products’ future.
One of the defining projects of Ghasemi’s leadership was the in Saudi Arabia. Valued at around $12bn, it stands as one of the largest industrial gas complexes in the world.
The scale of the project reflected Ghasemi’s appetite for high-stakes investments that not only pushed Air Products’ operational capabilities but also aligned with global energy shifts. The facility, designed to supply syngas for power generation, positioned Air Products as a key player in Saudi Arabia’s Vision 2030 strategy, diversifying the Kingdom’s energy mix beyond oil.
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