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new-horizons-what-the-majors-are-working-on-in-2025
new-horizons-what-the-majors-are-working-on-in-2025

New horizons: what the majors are working on in 2025

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As the energy transition starts to gain traction, let’s examine the priorities and projects of the majors in 2025 and beyond, as captured in their most recent public briefings. Christian Annesley digs in

What do the industrial gases majors have on their plates as the new year arrives? A huge amount, as you would expect, and it is worth examining some of their priorities to see what it tells us about the direction of travel for the wider industry, and particularly when it comes to innovation and new opportunities.

We’ll confine ourselves to looking at three listed giants in industrial gases – Air Liquide, Linde, and Air Products. Broadly, we might say that Linde and Air Products are somewhat beleaguered right now for different reasons, while Air Liquide is projecting a more positive outlook. But all three have a huge amount going on and plans aplenty. 

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