Air Products is more concerned about rising construction costs than uncertainty around Europe’s carbon border levy as it moves toward a final decision on the fate of its Louisiana blue hydrogen project later this year.

CEO Eduardo Menezes told the firm’s Q1 investor call that it had a “high bar” for taking final investment decision (FID) on the 1,700-tonne project, which has had its future under question since last May.

This is a paid article, to read the article in full you can
sign in if you are subscribed or
subscribe today.