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November 8, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Air Products and Chemicals Incorporated (NYSE:APD) (Lehigh Valley, Pennsylvania) benefited from strong demand from Europe and China's manufacturing sectors in its fiscal fourth quarter, as well as growing hydrogen demand in North America. While the company was cautious in its 2025 outlook, it is optimistic the demand for clean hydrogen will continue.
Industrial Info is tracking more than $13.5 billion worth of active and proposed projects from Air Products worldwide, including nearly $12 billion in the U.S. and Canada. Air Products' heaviest investments across the U.S. and Canada are geared toward "blue" and "green" hydrogen-production projects. Engineering work began over the summer on one of the largest such projects.
Other companies featured: TotalEnergies SE (NYSE:TTE)
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