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CEO switch: How will Air Products shift its strategy?

Gas
February 4, 2025

The appointment of former Linde executive Eduardo Menezes as Air Products’ new CEO marks a significant turning point for the industrial gas giant – and it is one that could reshape its approach to clean hydrogen, where it has taken a lead with key projects like NEOM in Saudi Arabia.

Menezes’ move into the top spot follows an investor-driven boardroom shake-up led by activist investor Mantle Ridge, which played a role in ousting longtime boss Seifi Ghasemi amid concerns over CAPEX and the company’s $15bn clean hydrogen pipeline.

A strategic recalibration?

Under Ghasemi, Air Products had made bold moves to make it one of the most aggressive backers of clean hydrogen – investing in some of the world’s largest production projects, including the 2.2GW NEOM green hydrogen plant.

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Gas
October 16, 2026

Air Liquide to expand nitrogen pipeline in China to support chipmaking

By 8 min ago 2 min read Industrial gas major Air Liquide will invest RMB 4 million ($600,000) to expand a nitrogen pipeline in Jiangsu Province, China, to support demand…

Gas
October 16, 2026

Aternium targets 2027 off-site construction of hydrogen, heavy-water systems

By 49 min ago 2 min read Aternium aims to begin off-site construction of the first of its modular hydrogen and heavy water production systems in early 2027, after completing…