Question · Q4 2025
Mike Sasson asked if, in a scenario where partners for Louisiana sequestration and ammonia production seek similar returns to Air Products, there would still be a good return on the hydrogen component that Air Products would operate long-term.
Answer
Eduardo Menezes, CEO, stated that Air Products views the Louisiana project as a normal hydrogen venture, requiring it to meet their return criteria while also working for potential partners. He believes there is scope to achieve the right returns, which depend on both commercial pricing negotiations and firm capital cost estimates.