Published by Todd Bush on September 27, 2023
LEHIGH VALLEY, Pa., Sept. 26, 2023 /PRNewswire/ -- Air Products' (NYSE:APD) Chairman, President and Chief Executive Officer, Seifi Ghasemi, will share Air Products' vision for a hydrogen economy in the Americas during a fireside chat at 9:30 a.m. ET on Monday, October 2 at the 3rd Hydrogen Americas Summit at the Ronald Reagan International Trade Center in Washington, D.C.
"This is a critical moment for the hydrogen economy and the energy transition. Industry and government leaders have come together to take the steps needed to build a solid foundation for a cleaner energy future and the beginnings of a robust hydrogen economy," said Ghasemi. "Now is the time for action, to build momentum to scale infrastructure quickly and incentivize customer demand. Air Products is fully supportive of these efforts and has publicly stated that it will commit at least $15 billion through 2027 to clean energy megaprojects around the world to accelerate the energy transition."
Hosted by the Sustainable Energy Council and the U.S. Department of Energy, the Summit is a gathering of government representatives, hydrogen and energy stakeholders, service providers and end-users to identify opportunities and get insights into the latest projects and policy developments to move the industry forward.
In addition to Ghasemi's fireside chat, Air Products' Global Vice President, Hydrogen, Eric Guter, will participate in a panel discussion titled "An Outlook for Hydrogen's Future," at 12:00 p.m. ET on Tuesday, Oct. 3.
"The promise of a clean energy future powered with hydrogen is real, but we must act with urgency. Clean hydrogen can be produced and delivered to provide real and verifiable carbon dioxide emission reductions to achieve decarbonization goals," said Guter. "Every ton of carbon dioxide that is abated or captured today will have a long-lasting, positive impact for the future."
This year's Hydrogen Americas Summit will be held shortly before National Hydrogen & Fuel Cell Day, which is October 8. Now in its 9th year, National Hydrogen & Fuel Cell Day was created to help raise awareness of hydrogen as a clean energy technology. October 8 (10/08) was chosen in reference to the atomic weight of hydrogen, which is 1.008.
As the world's largest hydrogen producer, Air Products has experience across the full value chain for hydrogen and is driving sustainable growth by building, owning and operating the world's largest production, carbon capture, transportation and fueling projects related to hydrogen. The company's technologies are used in over 1.5 million fuelings annually across 20 countries. With over 60 years of global hydrogen experience operating in over 50 countries, Air Products has the proven capability and know-how to make hydrogen through all available production methods and to distribute this increasingly important emission-free fuel safely, reliably, and economically.
To learn more about the steps Air Products is taking to accelerate the energy transition, visit Air Products' Energy Transition website.
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products' base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the world's largest industrial gas and carbon-capture projects, supplying world-scale clean hydrogen for global transportation, industrial markets, and the broader energy transition. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and globally provides turbomachinery, membrane systems and cryogenic containers.
The Company had fiscal 2022 sales of $12.7 billion from operations in over 50 countries and has a current market capitalization of about $65 billion. More than 21,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and reimagine what's possible to address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com.
SOURCE Air Products
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