Air Products, Baker Hughes To Collaborate On Global Hydrogen Projects
HOUSTON (dpa-AFX) - Air Products And Chemicals Inc. (APD), an industrial gases company, and Baker Hughes (BKR), a provider of advanced hydrogen compression and gas turbine technology, announced Wednesday a strategic global collaboration.
Under the deal, the companies would develop next generation hydrogen compression to lower the cost of production and accelerate the adoption of hydrogen as a zero-carbon fuel.
As part of the collaboration, Baker Hughes will provide Air Products with advanced hydrogen compression and gas turbine technology for global projects. These include NovaLT16 turbines for Air Products net-zero hydrogen energy complex in Edmonton, Alberta, Canada and advanced compression technology for the NEOM carbon-free hydrogen project in the Kingdom of Saudi Arabia.
Hydrogen Energy Storage Industry Analysis and 2021 Future Trends
infinityApril 24, 2021
Hydrogen Energy Storage Market Growth Factor, Leading Companies, Industry Challenges, Share, Region, and Global Forecast 2021-2027
The global Hydrogen Energy Storage Market analysis study focuses on the confined main statistical outlook for the Hydrogen Energy Storage industry in order to provide their consumers with revenue generation in leading them in facing the market’s obstacles. The analysis includes an exhaustive examination of several factors such as global distribution, business results, market size, and dynamics that systems have advantages investments. Furthermore, the Hydrogen Energy Storage market report focuses on in-depth industry challenges, established investment opportunities, market share combined with product form and applications, key companies responsible for the development, and upcoming market opportunities.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Global $13.5 Billion Specialty Gases Market Trajectory & Analytics to 2027 - ResearchAndMarkets.com
January 14, 2021 GMT
Global Specialty Gases Market to Reach $13.5 Billion by 2027
Amid the COVID-19 crisis, the global market for Specialty Gases estimated at US$9 Billion in the year 2020, is projected to reach a revised size of US$13.5 Billion by 2027, growing at a CAGR of 5.9% over the period 2020-2027.
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Pure Gases, one of the segments analyzed in the report, is projected to record 6.7% CAGR and reach US$9.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Gas Mixtures segment is readjusted to a revised 4.3% CAGR for the next 7-year period.
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The publisher brings years of research experience to the 8th edition of this report. The 385-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
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