Linde posts $2.3bn profit in first quarter
Linde managed to shrug off a challenging and largely “stagnant” economic climate to post an adjusted operating profit of $2.3bn (up 6%) in the first quarter.
Linde managed to shrug off a challenging and largely “stagnant” economic climate to post an adjusted operating profit of $2.3bn (up 6%) in the first quarter.
California-based Thiozen, a spin-off of the Massachusetts Institute of Technology (MIT), has successfully produced clean hydrogen from sour gas waste streams at a pilot unit in the Permian Basin, US.
Shell’s Integrated Gas (LNG) division generated $3.68bn in earnings in the first quarter with liquefaction volumes rising 0.5MT to 7.6MT.
Air Products is not planning to spin out its hydrogen business as a separate entity in the next few years, as the nascent market for hydrogen is still developing and the price of the gas...
In Southeast Asia, a strategic approach to renewable hydrogen is emerging as a linchpin for industrial decarbonisation, according to a recent report by Agora Industry and Agora Energiewende.
Air Products expects to cease operation of all stand-alone steam methane reformers (SMRs) and have stopped or nearly stopped production of grey hydrogen within ten years.
Linde revealed today that it will invest $150m into an on-site air separation unit (ASU) in Boden, northern Sweden, to supply industrial gases to the world’s first large-scale green steel production plant.
Energy-from-waste operator enfinium is targeting carbon removal of 1.2 million tonnes per annum (Mtpa) by 2039.
Decarbonisation solutions firm Carbon Clean has mounted its first equipment on the structural steel of the first carbon capture module at what will be Europe’s largest commercial-scale e-methanol facility.
The European Commission is awarding nearly €720m to seven renewable hydrogen projects in Europe, selected through the first competitive bidding process under the European Hydrogen Bank.