Impose carbon taxes for using hydrocarbons, says Air Products Chairman
Carbon taxes and penalties should be imposed for using gray hydrogen and hydrocarbons, according to Seifi Ghasemi, Air Products’ Chairman, President and CEO.
Carbon taxes and penalties should be imposed for using gray hydrogen and hydrocarbons, according to Seifi Ghasemi, Air Products’ Chairman, President and CEO.
Leading hydrogen supplier Air Products has committed to investing £6.5m into a new trailer and cylinder filling station at its Llanwern hydrogen facility in South Wales.
Air Products has signed a helium supply deal with NASA that could result in approximately $1.07bn of business.
Air Products and Mabanaft, through its Oiltanking subsidiary, have joined forces to develop a multi-million-euro green import facility at the Port of Hamburg to boost Germany’s hydrogen market.
Air Products and Linde have signed a deal to supply NASA with approximately 15 million pounds of liquid hydrogen for use across its facilities.
Sidd Manjeshwar, Vice-President and Corporate Treasurer at Air Products, has been appointed to also lead Investor Relations for the industrial gas giant.
The Canadian federal and provincial governments have announced approximately CD$475 million in project funding for Air Products’ Net Zero hydrogen energy complex in Alberta – effectively firming up an MoU signed in June last year.
Europe needs a ‘level playing field’ between imports and local hydrogen production, according to Dr. Samir Serhan, Air Products’ Chief Operating Officer.
An at-a-glance look at Air Products’ Q4 results for 2022.
Air Products attributed higher costs, losses on sales of its Russia business and strength of the US dollar for a 4% drop in Q4 net income to $593 million.