Air Products talks up blue hydrogen after CEO swap

  • Gas
  • February 6, 2025

Air Products chose not to give any prominence to its incoming leadership team in the company’s Q1 2025 earnings call today.

Adjusted EBITDA increased 1%, with margin improvement attributed to favourable pricing and business mix, although volume declined 2% due to the LNG divestment to Honeywell. Analyst sentiment was ‘neutral to slightly positive,’ according to Seeking Alpha commentary.

In a low-key session where all questions were handled by Chief Financial Officer Melissa Schaeffer, the only insights of note centred around the industrial gas major’s ongoing discussions to try to secure equity partnerships and offtakers for its evolving $4.5bn blue hydrogen project in the US state of Louisiana.

The facility’s progress remains on track but the crucial need for partners looms large for the megaproject.

… to continue reading this article and more, please login, register for free, or consider subscribing to gasworld

   

  • Related Posts

    • Gas
    • March 26, 2026
    US biogas facilities double, bringing CO2 opportunity

       

    • Gas
    • March 26, 2026
    Centrica partners with Ceres Power on solid oxide fuel cells

       

    Have You Seen?

    US biogas facilities double, bringing CO2 opportunity

    • March 26, 2026
    US biogas facilities double, bringing CO2 opportunity

    Rystad Issues Oil Warning

    • March 26, 2026
    Rystad Issues Oil Warning

    Valero Prepares to Restart Massive Texas Refinery After Explosion

    • March 26, 2026
    Valero Prepares to Restart Massive Texas Refinery After Explosion

    Russia’s Vital Baltic Oil Hubs Crippled by Ukrainian Drone Campaign

    • March 26, 2026
    Russia’s Vital Baltic Oil Hubs Crippled by Ukrainian Drone Campaign

    China’s Top Shipper Resumes Middle East Trips Amid Iran Ceasefire Talks

    • March 26, 2026
    China’s Top Shipper Resumes Middle East Trips Amid Iran Ceasefire Talks

    Centrica partners with Ceres Power on solid oxide fuel cells

    • March 26, 2026
    Centrica partners with Ceres Power on solid oxide fuel cells

    Ensus plant to reopen after £100m from UK to protect CO2 supplies

    • March 26, 2026
    Ensus plant to reopen after £100m from UK to protect CO2 supplies

    Ensus plant to reopen after £100m UK government funding boost

    • March 26, 2026
    Ensus plant to reopen after £100m UK government funding boost

    Ensus plant to reopen after £100m UK government funding boost

    • March 26, 2026
    Ensus plant to reopen after £100m UK government funding boost

    US Tracking Closely How to Get Oil Tankers Through Strait of Hormuz, White House Says

    • March 25, 2026
    US Tracking Closely How to Get Oil Tankers Through Strait of Hormuz, White House Says