Welcome to our February double-header issue, which shines a light on air gases and medical applications using industrial gases. When it comes to air gases, today the US industrial gas industry is moving on from the challenges and uncertainties brought by the global economic struggles, as our annual air gases report tracks. But change is relatively slow to unfold. At the end of 2024, just three new air separation unit (ASU) expansions with liquefaction had come online in the prior 12 months, with an additional three new ASUs expected to become operational between now and 2027. That reflects supply and demand, of course, but is part of the picture to be understood in this important market.
The 2025 IWDC Gases Meeting will be held between February 17 and 19 at St Pete Beach, Florida – and will also mark the 20th anniversary of the PurityPlus Program.
Healthcare spending is projected to account for a quarter of the US economy within a decade
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.
Renewable chemicals and biofuels company Gevo has acquired an ethanol production plant and carbon capture and sequestration (CCS) assets of Red Trail Energy to expand sustainable aviation fuel (SAF) production.
TotalEnergies’ LNG performance spurred 8% growth in Q4 but annual net income fell 21% to $18.3bn due to a sharp decline in refining margins.
The appointment by Air Products of former Linde executive Eduardo Menezes as CEO marks a notable change of direction for the industrial gas major. Here’s more on Menezes and on how was he was confirmed...
Air Products’ EBITDA margin graph over the last decade is in many ways a metaphor for Seifi Ghasemi’s up-and-down career.
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...
When Seifi Ghasemi took the helm as CEO of Air Products in 2014, he inherited a company at a crossroads. Over the next decade, Ghasemi transformed the industrial gases giant into a global powerhouse, spearheading...
New plant builds slowed by economic uncertainty
