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Air Products' Board Again Extends Seifi Ghasemi's Term as Chairman, President and CEO
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Air Products to Acquire, Own and Operate Industrial Gas Complex in Uzbekistan
Air Products has signed an investment agreement with the Government of the Republic of Uzbekistan and Uzbekneftegaz JSC (“UNG”) to acquire, own and operate a natural gas-to-syngas processing facility in Qashqadaryo Province, Uzbekistan for US$1 billion.
The natural gas-to-syngas industrial complex is an integral part of state-owned energy company UNG’s multi-billion gas-to-liquid facility―one of the most advanced energy plants in the world.
The project, which is fully aligned with Air Products’ core industrial gas business and competencies, will enable UNG to focus on producing low-cost, high-purity fuels and the Republic of Uzbekistan to meet its growing energy production and societal needs.
The natural gas-to-syngas industrial complex is an integral part of state-owned energy company UNG’s multi-billion gas-to-liquid facility―one of the most advanced energy plants in the world.
The project, which is fully aligned with Air Products’ core industrial gas business and competencies, will enable UNG to focus on producing low-cost, high-purity fuels and the Republic of Uzbekistan to meet its growing energy production and societal needs.
Achieved Financial Close for NEOM Green Hydrogen Project
NEOM Green Hydrogen Company (NGHC) announced that following the signing of financial documents with 23 local, regional, and international banks, and investment firms, it has now achieved financial close on the world’s largest green hydrogen production facility located in NEOM’s Oxagon region, at a total value of 8.4 billion USD investment. NGHC has also concluded the engineering, procurement, and construction (EPC) agreement with Air Products as their nominated EPC contractor and system integrator for the entire facility.
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A Cleaner Energy Future
The energy and environmental challenges facing the planet need innovation and real investment now. We believe hydrogen plays a key role in building a cleaner, more sustainable future. Hydrogen is an ideal solution to address emissions from sectors requiring a high-density energy source, such as heavy-duty transportation and industry, where electrification is not feasible or practical. As the world’s largest hydrogen producer, Air Products has taken major steps to accelerate the energy transition.
Today, there are buses, trucks and other heavy-duty vehicles around the world fueled with hydrogen produced, distributed and supplied by Air Products. We have made an industry-leading commitment of at least $15 billion to clean energy hydrogen megaprojects. Our journey is well underway. Air Products has the technology, the track record, the capital and the ambition as a first-mover to bring the hydrogen economy to scale.
Learn More Today, there are buses, trucks and other heavy-duty vehicles around the world fueled with hydrogen produced, distributed and supplied by Air Products. We have made an industry-leading commitment of at least $15 billion to clean energy hydrogen megaprojects. Our journey is well underway. Air Products has the technology, the track record, the capital and the ambition as a first-mover to bring the hydrogen economy to scale.
Featured Topics
Flexible, fully-integrated, compact systems delivering uninterrupted, low cost, efficient gas supply
Air Products Express Services (APEX) can provide safe, reliable and fast temporary gas supply for short-term and emergency needs.
Process technology and equipment with proven efficiency and low project cost
Gasification converts fossil or biomass based hydrocarbons into syngas for making various downstream derivatives.
Generating a cleaner future by supporting clean energy, low carbon and renewable hydrogen applications in heavy duty transportation, marine, and power industries.
HYDROGEN MEGAPROJECTS SUPPORTING ENERGY TRANSITION
Clean energy complex in Eastern Louisiana expected to be onstream in 2026.
Net-zero hydrogen energy complex in Edmonton, Alberta, Canada, expected to come on-stream in 2024.
World’s first and North America’s only commercial-scale sustainable aviation fuel production facility in southern California expected to be onstream in 2025.
World's Largest Carbon-free Hydrogen Project
An equal production joint venture of ACWA Power, Air Products and NEOM incorporated in August 2021, NEOM Green Hydrogen Company (NGHC) is establishing the world’s largest green-hydrogen-based ammonia production facility run on renewable energy. This mega-plant will produce up to 600 tonnes of carbon-free hydrogen per day in the form of green-ammonia as a cost-effective solution for transportation globally.
Air Products is the primary EPC contractor and will be the exclusive off-taker of the green ammonia and intends to transport it around the world to be dissociated to produce green hydrogen for the transportation market.
World's Largest Industrial Gas Complex in Jazan
Air Products announced the financial close and transfer of the second group of assets for the $12 billion gasification and power joint venture (JV) with Aramco, ACWA Power and Air Products Qudra in the Jazan Economic City (“Jazan”), Saudi Arabia.
The JV’s purchase of this second group of assets at Jazan follows the successful asset acquisition and project financing transactions for the first group of assets completed in late October 2021.
The JV owns and operates the facility under a 25-year contract for a fixed monthly fee, with Aramco supplying feedstock to the JV, and the JV producing power, steam, hydrogen and other utilities for Aramco.
Learn More The JV’s purchase of this second group of assets at Jazan follows the successful asset acquisition and project financing transactions for the first group of assets completed in late October 2021.
The JV owns and operates the facility under a 25-year contract for a fixed monthly fee, with Aramco supplying feedstock to the JV, and the JV producing power, steam, hydrogen and other utilities for Aramco.
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Looking for gas? Here's a quick way to find it.
When it comes to gases, we cover everything from argon to xenon and everything in between. Find what you need here or browse our industry or applications lists to find our full range of gases, equipment, and services.
Ar
Argon
Unique inerting properties to improve quality, optimize performance, and reduce costs.
CO₂
Carbon Dioxide
Benefit from carbon dioxide's inert properties, as well as its cooling and freezing abilities.
CO
Carbon Monoxide
Used in the production of chemicals ranging from acetic acid to polycarbonates to polyurethane intermediates.
He
Helium
As a gas for lifting, leak detection, shielding, its inert properties and as a liquid for cooling.
H₂
Hydrogen
Valued for its reactive and protective properties to improve quality, optimize performance and reduce costs.
N₂
Nitrogen
Widely used as a gas for its inert properties and a liquid for cooling and freezing.
O₂
Oxygen
Known primarily as a respiratory gas by the healthcare industry, but also used for combustion, oxidation, and fermentation.
Rare Gases
Neon, Krypton, and Xenon used in technical applications including the electronics industry.
Food Gases
From MAP cylinders to bulk liquid nitrogen, we can provide all the gases for your food processes.
Syngas
Providing turnkey solutions to convert hydrocarbon feedstock into synthesis gas for high-value products and power.