AIR PRODUCTS’ LARGEST-EVER INVESTMENT IN THE US TO TAKE SHAPE

Louisiana Governor John Bel Edwards looks on as Air Products’ CEO Seifi Ghasemi delivers remarks about the company’s newly announced plan…

Recently, Louisiana Governor John Bel Edwards; and Air Products Chairman, President and Chief Executive Officer Seifi Ghasemi have announced that a $4.5 billion clean energy complex to be built in Louisiana that will make the state a leader in the United States’ (U.S.) clean energy transition. Air Products is a world-leading industrial gas company that produces and transports hydrogen and other essential industrial gases to many customer facilities in Louisiana, across the U.S. Gulf Coast and around the world.

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 utilizing hydrocarbons as a feedstock, with the carbon dioxide (CO2) in the production process captured for permanent sequestration. The project will create 170 permanent jobs with a total annual payroll of $15.9 million and more than 2,000 construction jobs over three years. It represents Air Products’ largest-ever investment in the U.S.

A portion of the blue hydrogen will be compressed and supplied to customers by Air Products’ extensive U.S. Gulf Coast hydrogen pipeline network. The network is the largest hydrogen pipeline system in the world, stretching more than 700-miles from Galveston Bay in Texas to New Orleans, Louisiana. At present, this vast U.S. Gulf Coast pipeline network can supply customers with more than 1.6 billion cubic feet of hydrogen per day from approximately 25 production facilities.

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