Loading...
Loading...
a-legacy-of-ambition-ghasemis-billion-dollar-bets
a-legacy-of-ambition-ghasemis-billion-dollar-bets

A legacy of ambition: Ghasemi’s billion-dollar bets

0

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 set the industrial gases giant on a particular path, spearheading some strikingly ambitious projects.

From multi-billion-dollar gasification plants to groundbreaking hydrogen initiatives, Ghasemi’s tenure was defined by bold investments. As the company transitions to new leadership under former Linde executive Eduardo Menezes, we take a look back at some of the landmark projects that defined Ghasemi’s era.

One of the defining projects of Ghasemi’s leadership was the Jazan Integrated Gasification and Power Project in Saudi Arabia. Valued at around $12bn, it stands as one of the largest industrial gas complexes in the world. 

The scale of the project reflected Ghasemi’s appetite for high-stakes investments that pushed Air Products’ operational capabilities and aligned with global energy shifts. The facility, designed to supply syngas for power generation, positioned Air Products as a key player in Saudi Arabia’s Vision 2030 strategy, diversifying the Kingdom’s energy mix beyond oil.

… to continue reading this article and more, please login, register for free, or consider subscribing to gasworld

Register today

Paywall Asset Header Graphic

You’ve reached your weekly limit to access free articles!

Want to keep reading?

Please register for free and create a profile to gain access to this full article and gasworld’s daily news.

For access to more content including our monthly digital magazines, subscriber-only features or columns and all our other gasworld archives, please consider subscribing.

Alternatively, you can continue reading more articles as a guest on Monday, 17th February at 2:52PM

Please wait...