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US tariffs on steel would be ‘devastating blow’ for UK | United Kingdom

President Trump’s proposed 25% tariffs on steel and aluminium imports into the US on top of existing duties would be a ‘devastating blow’ to the UK industry, according to the UK Steel Director General. Gareth Stace said the US is the UK’s second largest export market after the EU and at a time of shrinking demand and high costs, rising protectionism will stifle exports and damage over £400m-worth of the steel sector’s contribution to the UK’s balance of trade. “It is deeply disappointing if President Trump sees the need to target UK steel, given our relatively small production volumes compared to major steel nations,” he said. The UK supplies the US with products for defence, aerospace, stainless, and other critical sectors, exporting around 200,000 tonnes annually. It is currently partially shielded from the effects of… Read More »US tariffs on steel would be ‘devastating blow’ for UK | United Kingdom

Immingham Green Energy Terminal gets planning go ahead | Hydrogen

© Associated British Ports © Associated British Ports The Immingham Green Energy Terminal – a multi-user ammonia and green hydrogen project in the eastern England port – has received development consent from the UK Department of Transport. The decision is a boost for Associated Business Ports (ABP), Air Products and Saudi Arabia, where the ammonia will be exported, most likely from the NEOM project, and cracked into green hydrogen. The site is forecasted to produce up to 300 MW of green hydrogen. Source: Air Products In addition to handling green ammonia, the 1.1km jetty is being designed to accommodate other cargoes including the import of liquified carbon dioxide (CO2) from carbon capture and storage projects for sequestration in the North Sea, and features pipelines connecting east and west sites, where hydrogen production units and liquefiers… Read More »Immingham Green Energy Terminal gets planning go ahead | Hydrogen

UK carbon capture risks and affordability called into question | CCS

Committee says UK ‘gambling’ on CCS but CCSA says technology is proven Committee says UK ‘gambling’ on CCS but CCSA says technology is proven The UK government’s backing of unproven, first-of-a-kind carbon capture technology to reach Net Zero is high risk and more work on the programme’s affordability for taxpayers and consumers is needed, according to a Public Accounts Committee (PAC) report. With no examples of CCUS technology operating at scale in the UK, the PAC’s inquiry heard it may not capture as much carbon as expected, with international examples showing expectations for its performance are far from guaranteed. Sir Geoffrey Clifton-Brown MP, Chair of the Committee, said, “Government is gambling on carbon capture technology becoming foundational to achieving Net Zero. In this context, it is welcome to see government learning lessons from past failures… Read More »UK carbon capture risks and affordability called into question | CCS

Linde reports 7% rise in annual operating profit | Year-end financials

Linde overcame a challenging trading environment and pointed to the ‘resilency of its model’ after posting a full-year operating profit of $9.7bn in 2024, up 7% on 2023. It rounded off the year strongly with Q4 operating profit of $2.5bn, up 9% annually, boosted by high prices and productivity initiatives across all segments. Operating cashflow for the year totalled $9.4bn although full year sales were flat however, at $33bn. Sanjiv Lamba, CEO, said it made “significant progress” in its clean energy strategy – sourcing more than 40% of global electricity from low-carbon sources – and signed its largest ever product agreement, supporting the $10bn project backlog which will contribute to earnings “for years to come”. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld Source link

Video: The potential of medical oxygen from hydrogen | Video

Leith Greenslade, Coordinator at the Every Breath Counts Coalition, discusses the potential of medical oxygen through hydrogen electrolysis, on gasworld’s Medical Gases: Oxygen and Beyond webinar. 2025 webinar programme gasworld.TV is our exclusive platform for webinars and digital events, our webinars showcase the industries hot topics and key trends in the industrial gas sector, bringing discussion, insights, and debate directly to your workspace across the world. The 2025 webinar programme is now up, so get in touch and get involved today. To view the whole programme, visit https://gasworld.tv/2025-webinar-programme/. If you’re interested in speaking on one of our upcoming webinars contact [email protected] . Source link

Analysis: Air Products and its clean hydrogen pipeline | overarching clean hydrogen production project investment lies

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. … to… Read More »Analysis: Air Products and its clean hydrogen pipeline | overarching clean hydrogen production project investment lies

CEO switch: How will Air Products shift its strategy? | Air Products News

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. … to continue reading you must be… Read More »CEO switch: How will Air Products shift its strategy? | Air Products News

First for hydrogen as EU issues €1.25bn to energy projects

The European Commission will grant almost €1.25bn ($1.3bn) in funding through the Connecting Europe Facility (CEF) to a raft of energy initiatives including hydrogen and carbon capture, utilisation and storage (CCUS) projects. The bulk of funding (€750m or $770m) will go towards eight electricity grid projects such as the Bornholm Energy island project which involves building an underwater power cable to connect Denmark and Germany. It will also help to bring in power from offshore wind farms, with the ability to handle up to three gigawatts of wind energy. Over €250m ($257m) is earmarked for 21 hydrogen development projects including BarMar-H2med between Spain and France, the backbone projects in Italy, Portugal and Spain and the hydrogen corridors and routes in the Baltic region. Another €250m ($257m) will be used to build three projects and fund… Read More »First for hydrogen as EU issues €1.25bn to energy projects

Evonik, VoltH2 to build 50MW electrolyser in Delfzijl for hydrogen peroxide production | Hydrogen

German chemicals firm Evonik has signed a term sheet with hydrogen specialist VoltH2 to build a 50MW electrolyser at the Delfzijl chemical park in the Netherlands. The electrolyser will supply Evonik’s hydrogen peroxide plant, once operational in 2027. Until then, Evonik will continue to use onsite fossil-based hydrogen for hydrogen peroxide production. Evonik Peroxide Netherlands Managing Director, Peter Metten, said the company hopes to switch its production over entirely to renewable sources. Specifically, the company has committed to a 25% reduction in Scope 1 and Scope 2 emissions between 2021 and 2030, and Net Zero emissions by 2050. Hydrogen peroxide is widely used as a bleaching agent, disinfectant and oxidising agent. It is mainly produced by the anthraquinone process, which involves reacting hydrogen and oxygen in a catalytic process. André Jurres, founder and Managing Director… Read More »Evonik, VoltH2 to build 50MW electrolyser in Delfzijl for hydrogen peroxide production | Hydrogen

Podcast: A Year in (P)Review: Faun Zoeller

Key topics include: Investing in Talent: Building a skilled workforce to sustain long-term success. Sustainability: Driving environmentally responsible waste management solutions. Innovative Solutions: Delivering cutting-edge technologies to address evolving industry challenges. Quality Service: Reinforcing the belief that excellent service is worth the investment. (This episode of The 1895 Podcast is taken from gasworld’s A Year in Review: Faun Zoeller webinar, broadcast on December 18th 2024). The 1895 Podcast  The 1895 Podcast is a content-driven podcast for the global industrial gases business, bringing together topical news, views and analysis of the stories that matter in the industry.  Listen now: https://bit.ly/The1895Podcast     Source link