Air Products invests $500M in building green hydrogen plant in New York

Air Products intends to invest roughly $500 million to build, own, and manage a 35 metric ton per day facility to generate green liquid hydrogen at a greenfield site in Massena, New York, as well as liquid hydrogen distribution and dispensing activities.

This facility’s commercial operation is anticipated to start in 2026–2027. According to Air Products, the market demand justifies the investment in the project, presuming that it will be eligible for the Inflation Reduction Act (IRA) benefits and other local, state, and federal incentives that are anticipated in the current project budget.

Throughout addition to this announced facility, Air Products is also looking at the viability of establishing a network of hydrogen fuelling stations in the northeastern United States, including the capacity to supply Air Products’ truck fleet. Air Products has made plans to replace its approximately 2,000 trucks with zero-emission hydrogen fuel cell trucks.

The facility’s low-carbon intensity liquid hydrogen product is anticipated to be sold to the New York State mobility market as well as other possible northeast industrial customers. Future climate benefits from the project would include avoiding more than six million tonnes of carbon dioxide (CO2), which is equivalent to the emissions from more than 600 million gallons of diesel used in heavy-duty trucks, over the course of the project’s lifetime if all the hydrogen is used for the heavy-duty truck market.