Chairman, President & Chief Executive Officer, Air Products
Search every verified Seifollah Ghasemi interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Seifollah Ghasemi, chairman, president and CEO of Air Products, has continued to advocate for the development of hydrogen as a solution to climate change, stating that "the only way to address the issue of CO2 emissions in the world is to convert to hydrogen." He has described Air Products as "the largest producer of hydrogen in the world" and said the company is "taking actions right now" by building industrial-scale facilities to produce clean hydrogen. Ghasemi has emphasized the need for government support, arguing that "the energy transition will not happen without the direct support of the governments" and that policymakers should focus on encouraging end customers to use clean energy rather than providing handouts to producers. He has also encouraged young people to "keep the heat on the policy makers" on climate issues. On the company's specific projects, Ghasemi discussed the Neom project in Saudi Arabia, which he said will produce about 650 tons of hydrogen per day, and noted that Air Products is a co-investor in the $5 billion initiative. He stated that the company had committed nearly $16 billion in growth projects by 2020, ahead of its 2022 target. Ghasemi has also described a "stepwise" progression for hydrogen, with gray hydrogen produced from hydrocarbons continuing today, followed by blue hydrogen with carbon capture, and ultimately a transition to green hydrogen produced using renewable electricity. He has said that "it is totally impractical to think that we can get to green hydrogen for all of our energy users in the next 10 years or 15 years" and that blue hydrogen is a necessary intermediate step.
“We are equally excited about the application of green hydrogen to meet Europe's emission reduction mandates across the heavy industrial and transport sectors. Clean hydrogen has real demand today and we expect to drive outsized growth relative to our core industrial gas business over the long term.”
“We will not take any final investment decision on new projects until our current facilities are loaded at least 75% or more.”
“My name is Safi G, I'm a chairman, president and CEO of Air Products, which is a public company registered in the United States of America — we are the largest producer of hydrogen in the world, so anytime there is a conference related to hydrogen we want to be there.”
“We need to do something about climate change — the only way to address the issue of CO2 emissions in the world is to convert to hydrogen; that will have a significant impact.”
“I talked about the need for the governments to be supportive of that, because the energy transition will not happen without the direct support of the governments.”
“We do have the technologies and the know‑how to take action today, and therefore my company is taking actions right now — the industry working together was able to work with the government and get the IR legislation done, which is a significant climate change legislation that will go a long way to help with the energy...”
“We are actually building industrial‑scale facilities to produce clean hydrogen — my company is investing $2 billion — we are creating the supply and now working with the government to help create the demand by encouraging users to use clean energy, even though it might be more expensive than the dirty energy they use.”
“I encourage young people to keep the heat on policy makers — people like me won't be around another 100 years, but younger people will be, and it will be their world that is seriously affected if they don't take action.”
“If we don't want to be using hydrocarbons for everything, our only other alternative for sectors that cannot be electrified is hydrogen — for heavy transport, ships, planes, chemicals and steel making.”
“Air Products is a co‑investor in the massive $5 billion Neom (Neon) Saudi Arabia project, and we have earmarked $2 billion of investment in the downstream processing linked to this project.”
“We see hydrogen progressing stepwise: today gray hydrogen produced from hydrocarbons will continue, then the next stage is blue hydrogen where you capture CO2, and ultimately the transition is to green hydrogen produced by electrolysis using renewable electricity.”
“The Neom project will produce about 650 tons a day of hydrogen — a lot, but to use all that production you'd only need roughly 15,000 heavy trucks worldwide converted to fuel cells, which shows the scale of the opportunity.”
“Governments around the world subsidize fossil fuels by the tune of more than $500 billion a year; if you remove those subsidies and put a carbon tax in place, green alternatives become very economical.”
“What we need from governments is not direct handouts to companies like Air Products, but market creation — encourage people to convert trucks, steel plants and chemical plants to green energy, just as governments incentivised electric car adoption.”
“At our project in New York the cost of electricity — including cost of capital — is less than two cents per kilowatt hour, so if you have that kind of power you can produce green hydrogen locally and transport it reasonably.”
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