Air Products news

EPS up 4% to $3.24; operating income up 7% to $791M. Adjusted EPS down 3% to $3.09. FY25 EPS guidance: $11.90-$12.10. Capital expenditures: $5B.

Biogenic CO₂ from Air Products reduces emissions by 4,000 tons annually at a French plant, enhancing supply reliability and supporting climate goals.

The new facility will capture CO2 from existing plants, connect to the Porthos system for storage, and help meet Dutch climate targets, supporting industry and mobility transition in Rotterdam.

The terminal will import green ammonia, convert it to hydrogen, and distribute it across northern Germany, supporting the energy transition and decarbonization efforts. Completion is targeted for 2026.

The new plant, operational by 2025, will double Europe's liquid hydrogen capacity, meeting high-tech and mobility market demands, and aiding in the decarbonization of heavy-duty vehicles.

The facility will import green ammonia to produce hydrogen, decarbonizing transport and industry. It aims to cut 580,000 tonnes of emissions annually and create 3,000 jobs, supporting the UK's net-zero goals.

The nitrogen plant near Zuidbroek will help phase out Groningen gas extraction by 2022, reducing production by 7 billion cubic meters annually. The project starts in autumn 2019.

The unit will recover waste CO2 from OPZ’s ammonia plant, producing 100,000t annually. Investment is 15-20 million euros, targeting the food, beverage, and transport cooling industries.