Air Products Pours Capital into U.S., Canadian Hydrogen Growth

Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial gas producer Air Products and Chemicals Incorporated (NYSE:APD) (Lehigh Valley, Pennsylvania) continues to benefit from the growing industrial demand for hydrogen. The company is among the first in its sector to invest heavily in North American "green" and "blue" hydrogen development, and is at work on some of the highest-capacity projects in the market.

Industrial Info is tracking more than $9.7 billion worth of active projects from Air Products across the U.S. and Canada, about 70% of which is attributed to grassroot projects. One of the company's most ambitious projects is a joint venture with AES Corporation (NYSE:AES) (Arlington County, Virginia) to develop a "mega-scale" green hydrogen plant.

Other companies featured: Imperial Oil Limited and Gulf Coast Ammonia LLC