U.S. Industrial Gas Market Adds More 'Green' to its Menu
Attachment: US industrial gases 4Q23
September 27, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--As more major petrochemical projects begin service across the U.S., especially along the Gulf Coast, the need for industrial gases such as hydrogen have risen accordingly. Developers of these gases increasingly are using renewable-sourced electricity to develop "green" hydrogen and hydrogen-based fuels, such as ammonia.
Industrial Info is tracking more than $1.2 billion worth of industrial gas projects across the U.S. that could begin construction before the end of the year, the bulk of which is attributed to a trio of grassroot projects from Orion Engineered Carbons GmbH (Luxembourg City, Luxembourg), Mote Incorporated (Los Angeles, California) and J. Westling Company.
Other companies featured: NextEra Energy Incorporated (NYSE:NEE), OneH2 Incorporated, BAES Infrastructure, Matheson Tri-Gas Incorporated and Mitsubishi Chemical Group Corporation.
