U.S. Industrial Gas Demand Drives Fourth-Quarter Project Starts

September 9, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The growing demand for industrial gases in the U.S. can be seen across multiple end markets, particularly in the transportation, refining and electronics industries. Multiple big-name producers are expanding their production capacities to supply these customers--and not just in the U.S. Gulf Coast, often seen as the nation's industrial gas capitol.

Industrial Info is tracking more than $13.4 billion worth of U.S. industrial gas projects that are set to begin construction in the fourth quarter, more than half of which is attributed to a single project in Louisiana. Air Products and Chemicals Incorporated (NYSE:APD) (Lehigh Valley, Pennsylvania) is responsible for the quarter's banner project.

Other companies featured: Woodside Energy Group, Nel Hydrogen, Avina Clean Hydrogen Incorporated, Linde plc (NYSE:LIN), FusionOne Energy Corporation, Colt Incorporated, Air Liquide S.A. and LG Corporation