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Air Products says Neom is now 80% complete | Air Products News

Construction of the Neom project in Saudi Arabia is 80% complete, according to an update from industrial gas major Air Products. The ambitious project comprises a green hydrogen facility, wind turbines, solar farm, transmission grid, hydrogen storage vessels, electrolysers, cold box and pipe racks. The 4GW solar and wind power generation sites are scheduled for completion by mid-2026, with the first ammonia expected to be produced in 2027. The update follows a strategic change of direction in relation to Neom, which was set out in an earnings call last month in which Air Products recorded a $1.7bn Q2 loss. The company is now looking to sell green ammonia from the site to fill any revenue gaps, given ongoing challenges in the green hydrogen market. … to continue reading this article and more, please login, register… Read More »Air Products says Neom is now 80% complete | Air Products News

Air Products delays Louisiana hydrogen project and wants to shrink risks | Air Products News

Industrial gas major Air Products has delayed the start-up of its multi-billion-dollar Louisiana blue hydrogen project and is looking to divest its stakes in the carbon sequestration and ammonia production elements. The Louisiana project was initially expected to be operational in 2026 but has now been delayed to late 2028 or early 2029. Under the original plan, Air Products was leading on all elements of the project. The plant is expected to produce 1,700 tonnes of blue hydrogen per day. The company originally planned to inject much of the output into its 700-mile US Gulf Coast hydrogen pipeline, with a portion being turned into ammonia for export. However, in a bid to reassure investors and reduce investment risks, the firm is now trying to scale back its involvement. … to continue reading you must be… Read More »Air Products delays Louisiana hydrogen project and wants to shrink risks | Air Products News

Energy a key focus as Carney appointed Canada Prime Minister | Canada

The new Prime Minister must hit the ground running with election and tariff issues The new Prime Minister must hit the ground running with election and tariff issues Former Bank of Canada governor Mark Carney has been appointed Canada’s Prime Minister (PM), taking over immediately from outgoing PM Justin Trudeau. Carney, appointed leader of the country’s Liberal Party ahead of a general election, will need to use all his commercial and political acumen to boost the Canadian economy in the face of US tariffs and stave off the worst impacts of an escalating trade war. Source: Liberal Party Goods which meet US–Mexico–Canada (USMCA) criteria are being spared tariffs until 2 April but there are now 25% tariffs on goods that do not satisfy USMCA rules of origin, as well as a lower 10% tariff on… Read More »Energy a key focus as Carney appointed Canada Prime Minister | Canada