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Analysis: Air Products and its clean hydrogen pipeline

Gas
February 5, 2025

The fall-out from the ousting of Seifi Ghasemi as CEO of Air Products throws up many questions about the future priorities of the refreshed leadership team.

One key one lies with clean hydrogen. Today Air Products has a clean hydrogen production target more than double that of its closest competitors by 2033. So any strategic shift under Air Products’ new CEO, Eduardo Menezes, could reshape the company’s role in the hydrogen market.

Data from GWGI indicate that if Menezes opts for a strategic shift, moving away from the company’s clean hydrogen pipeline will be a significant challenge.

After being appointed on Tuesday (4 February), Menezes will take over with a remit to address investor concerns on CAPEX and on Air Products’ $15bn clean project pipeline – including its blue and green hydrogen developments.

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Gas
June 25, 2026

Fuel cell investment by data centres to reach $30bn by 2030

By 7 min ago 3 min read Energy-hungry data centres developers are turning more to on-site fuel cells with investment set to rise tenfold to $30bn by 2030, according to…

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June 25, 2026

Spain redirects €211m in IPCEI funds to BP-Iberdrola hydrogen plant expansion

Castellón refinery © BP By 44 min ago 2 min read BP and Iberdrola could expand their 25MW green hydrogen plant at the British oil major’s refinery in Spain, after…