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.
Speaking on an earnings call today following the release of full year results, Adam Peters, CEO North America, said, “When I talk to our customers, development continues to be very high and many remain bullish about what’s going to happen but until we have clarity from the administration around priorities, we’re going to see more investment decisions in the second half of the year.”
Later in the call he anticipated FID for the ExxonMobil Baytown project will take place in the second half of 2025.
Read more: Air Liquide to invest $850m to boost ExxonMobil’s Texas hydrogen project
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