INOX Air Products plans $3B green ammonia plant in India

INOX Air Products, a manufacturer of industrial and medical gases, announced on Tuesday the formalisation of a memorandum of understanding with the government of Maharashtra, India, for the establishment of a cutting-edge green ammonia plant, involving a substantial investment of $3 billion.  The ambitious project is slated to be operational within a timeframe of 3 … Read more

Air Products to Build Europe’s Largest Blue Hydrogen Plant

Air Products announced it will build, own and operate a state-of-the-art carbon capture and carbon dioxide (CO2) treatment facility at its existing hydrogen production plant in Rotterdam, the Netherlands.   The facility is expected to be on-stream in 2026, and the resulting “blue” hydrogen product to serve ExxonMobil’s (Esso) Rotterdam refinery and additional customers via … Read more

Air Products Invests $1 Billion in Uzbekistan’s Natural Gas-to-Syngas Facility

Air Products, a leading industrial gas giant, has recently signed a significant $1 billion investment agreement with the Government of the Republic of Uzbekistan and Uzbekneftegaz JSC (UNG). The agreement entails the acquisition, ownership, and operation of a natural gas-to-syngas processing facility in Qashqadaryo Province, Uzbekistan. This move highlights Air Products’ commitment to expanding its … Read more

Air Products awarded Hydrogen, Nitrogen Supply agreement by Indian Oil

Air Products announced the signing of a long-term supply agreement with Indian Oil Corporation Limited (IOCL), India’s flagship national oil company. Air Products will build, own and operate (BOO) a new industrial gases complex supplying hydrogen, nitrogen and steam to IOCL’s Barauni Refinery in Bihar, India. The new industrial gas complex will aid IOCL’s capacity … Read more

Air Products Acquires Air Liquide’s Industrial Gases Business in UAE

Air Products announced that it has acquired Air Liquide’s industrial gases business in the UAE and Air Liquide’s majority share in MECD joint venture in Bahrain. Financial terms are not being disclosed for the agreement. Air Liquide Emirates business is part of Industrial Gases LLC (ALEMIR) and Orca Industrial Gases LLC, which includes liquid bulk, … Read more

Neom, Air Products, ACWA Sign EPC Deal for Green Hydrogen, Ammonia Project in Saudi Arabia

Neom has signed an agreement to begin construction of a 1.2 million tonne per year green hydrogen facility in Saudi Arabia, the largest in the world. The contract is worth $900 million. The contract sets the duration of work at six months. ACWA Power, which has a 33.3% stake in Neom Green Hydrogen, announced the … Read more

Air Products awards Thyssenkrupp JV Contract for Electrolysis Plant in Saudi Arabia

Air Products has awarded thyssenkrupp Uhde Chlorine Engineers a contract to supply a more than two-gigawatt (2 GW) electrolysis plant for one of the world’s largest green hydrogen projects at NEOM in Saudi Arabia. Under this contract, thyssenkrupp will engineer, procure and fabricate the plant based on their large-scale 20 megawatt (MW) alka-line water electrolysis … Read more

Air Products Announces $4.5 Billion Blue Hydrogen Complex in Louisiana

Air Products has announed a $4.5 billion blue hydrogen clean energy complex in Eastern Louisiana, the company’s largest-ever Investment in the US. Air Products will build, own and operate the megaproject, which will produce over 750 million standard cubic feet per day (MMSCFD) of blue hydrogen in Ascension Parish, Louisiana. ‘Blue’ products are produced utilising … Read more

INOX Air Products Invests $275 Million to Establish Eight ASUs in India

INOX Air Products (INOX AP) announced major plans to build eight new air separation units (ASUs) across India as part of a ₹2,000 crore ($276m) development that will double its liquid medical oxygen production. Marking India’s largest greenfield investment plan for the industrial gases sector, the ASUs will produce liquid oxygen, liquid nitrogen and liquid … Read more

Air Products Plans $5 Billion Green Ammonia Plant in Saudi Arabia

Air Products on Tuesday announced an agreement for $5 billion green hydrogen-based ammonia production facility that will be powered by renewable energy. The project will be equally owned by Air Products, ACWA Power of Saudi Arabia and NEOM. NEOM is a new model for sustainable living located in the North West corner of the Kingdom … Read more

Air Products to Invest $2 Billion for Coal-to-Methanol Project in Indonesia

Air Products announced on Thursday it has signed a definitive agreement for a long-term on-site contract for a world-scale coal-to-methanol production facility in Bengalon, East Kalimantan, Indonesia. Under the long-term on-site contract, PT. Bakrie Capital Indonesia, part of the Bakrie Group, and PT. Ithaca Resources, part of the PT. AP Investment, will supply the coal … Read more

Air Products to Acquire Five Hydrogen Plants from PBF Energy

Air Products (NYSE: APD) has reached an agreement with PBF Energy Inc. (NYSE: PBF) that include the acquisition of $530 million of five hydrogen steam methane reformers (SMR) hydrogen production plants and the long-term supply of hydrogen to PBF refiners from those already operating plants. Located in Torrance and Martinez, California and Delaware City, the … Read more

Air Products Qudra Breaks Ground for Industrial Gases Hub in Saudi Arabia

Air Products Qudra, in collaboration with the Royal Commission for Jubail and Yanbu, held a ceremonial groundbreaking to mark the start of work in building a world-class, fully-integrated industrial gases hub in the Jubail Industrial City. The significant investment by Air Products Qudra involves building, owning and operating a world-scale steam methane reformer (SMR) to … Read more

Air Products Signs MOU to Establish Industrial Gas Production Facilities in Saudi Arabia

Air Products Qudra and Royal Commission for Jubail and Yanbu signed a Memorandum of Understanding (MOU) to establish world-class industrial gas production facilities and distribution networks in the industrial cities of Royal Commission. The MOU sets preliminary framework details for Air Products Qudra to establish a hydrogen fueling economy in the Kingdom, achieve higher values … Read more

Air Products to form $11.5bn JV

Air Products has confirmed that it is in final negotiations to form a joint venture with Saudi Aramco, ACWA Power and Air Products Qudra to acquire the gasification, power and industrial gas assets at Jazan Economic City, representing a total investment value of about $11.5 billion. Air Products’ confirmation follows an announcement made on Tuesday … Read more

Air Products to Form JV with Debang Group to Operate Syngas Project in China

Air Products announced a new joint venture (JV) with Debang Xinghua Technology Co., Ltd., a subsidiary of Jiangsu Debang Chemical Industrial Group Co., Ltd., to build, own and operate a coal-to-syngas processing facility in Xuwei National Petrochemical Park, Lianyungang City, Jiangsu Province, China.   Air Products will own 80 percent of the JV, and Debang Group will own 20 percent. The JV will own and operate … Read more

Air Products Awarded Contract to Supply POSCO Chemical’s Manufacturing Site

Air Products announced it has been awarded a contract by POSCO Chemical to supply on-site nitrogen to a new anode material manufacturing site being built in Sejong, South Korea. POSCO Chemical is an affiliate of POSCO Group, the largest integrated steelmaker in Korea and one of the largest in the world. “We are honored to … Read more

Uzbekistan to Build a New Petrochemical Plant based on MTO Technology

The Uzbekistan Energy Ministry and a group of investors including Uzbekneftegaz, Uzkimyosanoat, Air Products & Chemicals Inc. and Enter Engineering  announced on 16th of May that they have signed a Project Development Agreement (PDA) to build a new petrochemical plant based on MTO (methanol-to-olefins) technology. The project aims to use domestic gas supply to produce high … Read more

Aramco-Air Products to Jointly-Build Saudi’s First Hydrogen Fuel Cell Vehicle Fueling Station

Saudi Aramco and Air Products signed an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi Arabia. The collaboration between the two companies will combine Air Products’ technological know-how and experience in the field of hydrogen with Saudi Aramco’s industrial experience, facilities and R&D capabilities. Saudi Aramco and Air Products will … Read more