Air Products
Coverage of Air Products in the Nexus archive.
- Scrapped Air Products project could signal stiffer headwinds for CO2 storage
Air Products canceled its $8 billion Louisiana Clean Energy Complex and carbon storage project due to political opposition and public distrust. The company will record a $2.2 billion loss, and analysts suggest the cancellation may signal broader challenges for CO2 storage initiatives.
- The collapse of this $4.5B project could reshape Louisiana’s industrial playbook
The collapse of Air Products' $4.5 billion Louisiana Clean Energy Complex could significantly impact future carbon capture investments in Louisiana's industrial sector. The project's failure may alter how companies approach similar large-scale carbon capture initiatives.
- Company cancels $4.5B Louisiana carbon capture project
Air Products has canceled a $4.5 billion carbon capture project planned for Ascension Parish in Louisiana. The company announced the decision on Tuesday.
- Air Products will not move forward with Ascension Parish carbon capture facility
Air Products has abandoned plans for a carbon capture facility in Ascension Parish, Louisiana, following opposition from residents and environmental groups. The company will terminate the project, close permits, and fulfill contractual obligations, while critics argue carbon capture and storage (CCS) is ineffective and poses risks.
- Air Products scraps $4.5 billion Ascension Parish project
Air Products, a Pennsylvania-based company, has canceled its $4.5 billion Louisiana Clean Energy Complex project in Ascension Parish. The company announced it would no longer proceed with the development.