With a clean hydrogen production target more than double that of its closest competitors by 2033, any strategic shift under Air Products’ new CEO could reshape the company’s role in the hydrogen market.
Data from GWGI indicate that if the US industrial gas major’s new CEO, Eduardo Menezes, opts for a strategic shift, moving away from the company’s clean hydrogen pipeline will be a significant challenge.
After being appointed on Tuesday (February 4), Menezes will take over from Seifi Ghasemi, who was ousted following investor concerns on CAPEX and Air Products’ $15bn clean project pipeline – including its blue and green hydrogen developments.
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