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Project(s): View 1 related project in PECWeb
Plant(s): View 1 related plant in PECWeb
Released May 07, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is pleased to be presenting a complimentary webinar on the spending outlook for the global Chemical Processing Industry on Wednesday, May 8, at 10 a.m. CDT (11 a.m. EDT). Join our industry experts as they explore the trends and market drivers seen in this dynamic industry.
The global Chemical Processing Industry continues to face a strenuous set of circumstances, including short-term demand worries, geopolitical conflicts and mixed earnings outlooks. Industrial Info is tracking more than $2 trillion in active chemical processing projects across the world, including $665 billion in environmental, social and governance (ESG)-motivated projects.
Among the largest and most numerous types of ESG-related Chemical Processing projects are those for the production green and blue hydrogen--a product that can be used as a fuel source itself or as the feedstock for green and blue ammonia.
Among the largest blue hydrogen projects planned to kick off in North America this year is Air Products and Chemicals Incorporated's (NYSE:APD) (Allentown, Pennsylvania) blue hydrogen complex in Geismer, Louisiana. Construction is expected to last about three years, when the facility will begin ramping up to its full production capacity of approximately 750 million cubic feet per day. Some of the hydrogen will enter a pipeline network, while the remainder will be used to produce blue ammonia. The multibillion-dollar project is the tip of a growing iceberg of such projects. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can learn more by viewing by the project report.
Air Products' project is indicative of trends that will be covered in the webinar, which will include:
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
The global Chemical Processing Industry continues to face a strenuous set of circumstances, including short-term demand worries, geopolitical conflicts and mixed earnings outlooks. Industrial Info is tracking more than $2 trillion in active chemical processing projects across the world, including $665 billion in environmental, social and governance (ESG)-motivated projects.
Among the largest and most numerous types of ESG-related Chemical Processing projects are those for the production green and blue hydrogen--a product that can be used as a fuel source itself or as the feedstock for green and blue ammonia.
Among the largest blue hydrogen projects planned to kick off in North America this year is Air Products and Chemicals Incorporated's (NYSE:APD) (Allentown, Pennsylvania) blue hydrogen complex in Geismer, Louisiana. Construction is expected to last about three years, when the facility will begin ramping up to its full production capacity of approximately 750 million cubic feet per day. Some of the hydrogen will enter a pipeline network, while the remainder will be used to produce blue ammonia. The multibillion-dollar project is the tip of a growing iceberg of such projects. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can learn more by viewing by the project report.
Air Products' project is indicative of trends that will be covered in the webinar, which will include:
- ESG-motivated investment spending
- Green and blue commodities
- The capacity-expansion outlook for petrochemicals
- Regional expenditure analysis and comparisons
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
