Potential offtaker

Air Products & Chemicals Inc

www.airproducts.com

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Which other companies from United States of America are actively involved in decarbonization initiatives?
  • MilliporeSigma
  • Entergy Corporation
  • Hawaii food processing company
  • Atlas Air Worldwide Holdings, Inc.
  • Town of Greenfield MA
  • S&P Global
  • Air Products & Chemicals Inc. is a leading global industrial gases company that provides atmospheric gases, process and specialty gases, performance materials, equipment, and services to a variety of industries. Headquartered in Allentown, Pennsylvania, the company operates in more than 50 countries and has a workforce of over 19,000 employees.

    Decarbonisation is a key focus for Air Products & Chemicals Inc. The company is committed to reducing its carbon footprint and helping its customers to do the same. It has set a target to reduce its greenhouse gas emissions by 30% by 2025, based on a 2015 baseline. To achieve this goal, the company is investing in renewable energy and energy efficiency projects, as well as exploring new technologies and processes that can help to decarbonize its operations.

    One of the ways that Air Products & Chemicals Inc. is working towards decarbonisation is through the use of renewable energy. The company has signed several corporate power purchase agreements (PPAs) for wind and solar energy, which enable it to purchase renewable energy directly from the source. This not only helps to reduce the company's carbon footprint but also provides a stable and predictable source of energy for its operations.

    In 2019, Air Products & Chemicals Inc. signed a long-term PPA with Lightsource BP for 250 megawatts of solar power in Texas. This is one of the largest solar PPAs in the world and will provide enough energy to power 50,000 homes. The company has also signed a PPA with a wind farm in Illinois, which will provide 75 megawatts of renewable energy.

    In addition to using renewable energy, Air Products & Chemicals Inc. is also investing in energy efficiency projects to reduce its energy consumption and carbon emissions. The company has implemented a number of initiatives to improve the efficiency of its operations, such as upgrading equipment and optimizing processes. These projects not only help to reduce the company's carbon footprint but also result in cost savings and improved operational performance.

    Corporate energy is another area of focus for Air Products & Chemicals Inc. The company is committed to providing its customers with reliable and sustainable energy solutions that meet their specific needs. It offers a range of energy solutions, including hydrogen, nitrogen, oxygen, and argon, as well as energy storage and distribution systems.

    One of the key applications of Air Products & Chemicals Inc.'s corporate energy solutions is in the transportation sector. The company is a leading supplier of hydrogen for fuel cell vehicles and has partnerships with major automakers such as Toyota, Honda, and Hyundai. It also provides hydrogen fueling infrastructure and services to support the growth of the hydrogen economy.

    Another area of focus for Air Products & Chemicals Inc. is corporate PPAs. The company has signed several long-term PPAs for renewable energy, which enable it to purchase energy directly from the source at a fixed price. This provides a stable and predictable source of energy for its operations, while also supporting the growth of the renewable energy industry.

    In 2019, Air Products & Chemicals Inc. signed a PPA with a wind farm in Illinois for 75 megawatts of renewable energy. The company also signed a PPA with a solar farm in Texas for 250 megawatts of renewable energy. These agreements not only help to reduce the company's carbon footprint but also provide a stable and predictable source of energy for its operations.

    In conclusion, Air Products & Chemicals Inc. is a leading global industrial gases company that is committed to decarbonisation and corporate energy solutions. The company is investing in renewable energy and energy efficiency projects to reduce its carbon footprint and provide sustainable energy solutions to its customers. Its focus on corporate PPAs and renewable energy demonstrates its commitment to supporting the growth of the renewable energy industry and reducing its reliance on fossil fuels.

    ✓ Current offtaker under Corporate PPA's
    Navigating the Path to Decarbonization in Manufacture of industrial gases

    Which companies in the industry of Manufacture of industrial gases have made significant pledges or efforts to address global warming?
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  • TOHO ACETYLENE
  • SK Materials
  • MATHESON Tri-Gas
  • Linde plc