Topsoe targets revenue rebound with Herning factory launch
Danish technology company Topsoe is targeting 5 to 16% revenue growth this year with its solid oxide electrolyser cell (SOEC) factory set to open in Herning in the first half of 2025.
Danish technology company Topsoe is targeting 5 to 16% revenue growth this year with its solid oxide electrolyser cell (SOEC) factory set to open in Herning in the first half of 2025.
Aramco has said it anticipates “significant upside” in natural gas volumes this year, after recording net income of $106bn in 2024, down from $121bn in 2023.
Moeve recorded a 60% rise in Clean CCS net income to €444m last year.
Air Liquide reported €500m in business efficiencies last year as it strived to be a more streamlined business focusing on IT and portfolio management, according to CEO Francois Jackow.
Air Liquide is expecting more final investment decisions (FID) to be pushed back to the second half of this year as customers wait on policy and economic clarity.
Air Liquide has recorded full-year 2024 revenues of €27.06bn, up 2.6% on the prior year on the like-for-like basis but down 2% in absolute terms, to deliver a net profit of €3.31bn, up 7.4%.
Nippon Sanso Holdings Corporation (NSHD) has posted mixed financial results for the first three quarters of its fiscal year, reflecting the ups and downs of its global operations in the face of ongoing economic challenges.
Shell’s liquefaction and sales volumes fell to 7.1Mt and 15.5Mt respectively in the fourth quarter of 2024 as it posted overall earnings of $3.7bn – down from $6bn in the third quarter.
Negotiations are underway for additional offtake at the NEOM green hydrogen megaproject in Saudi Arabia which would exceed the production of the facility, according to CEO Seifi Ghasemi.
Air Products recorded a 65% jump in net income to $3.9bn in its 2024 full-year consolidated results, fuelled by the $1.2bn after-tax gain from the sale of its former LNG business at the end of...