Air Products plans to invest approximately $500 million to build, own and operate a 35 metric ton per day facility to produce green liquid hydrogen at a greenfield site in Massena, New York, as well as liquid hydrogen distribution and dispensing operations. The commercial operation of this facility is targeted to begin in 2026-2027. In support of this Air Products’ project, in July 2022, the New York Power Authority (NYPA) board approved 94 MW of low-cost St. Lawrence hydroelectric power to Air Products for its significant investment and the creation of 90 jobs in New York State. Air Products has determined that the market demand warrants the investment in the project, assuming the receipt of certain local and state incentives, as well as any benefits from the “Inflation Reduction Act” (IRA), and which are anticipated in the current project budget. Further to this proposed facility announcement, Air Products is […]