Air Products CEO Seifi Ghasemi's Optimistic Outlook on Hydrogen's Future
Key Ideas
- CEO Seifi Ghasemi reaffirms hydrogen's potential in a challenging year.
- Air Products gains market share in industrial gases and maintains focus on hydrogen.
- Ghasemi expresses excitement and confidence in the future of the company's hydrogen strategy.
- Despite challenges, Ghasemi emphasizes Air Products' commitment to hydrogen in the long term.
During the Goldman Sachs Industrials and Materials Conference, Air Products CEO Seifi Ghasemi delivered an optimistic message regarding the future of hydrogen. Despite the challenges faced by hydrogen in the past year, Ghasemi expressed confidence in the company's twin-pillar strategy, emphasizing the importance of hydrogen in decarbonising heavy industry. He highlighted that hydrogen is poised to be the primary choice for decarbonisation globally. Ghasemi's upbeat and bullish demeanor reflected Air Products' success in gaining market share in industrial gases and the ongoing dedication to advancing their hydrogen initiatives. He acknowledged the difficulties hydrogen has encountered, including regulatory and cost issues, but assured that Air Products is committed to overcoming these challenges and staying devoted to hydrogen in the long run. This reaffirmation of belief in hydrogen's potential showcases Air Products' determination and resilience in driving the hydrogen sector forward.