Christian Annesley

Bristol

Editor at gasworld magazine

Editor, gasworld US magazine, writing about industrial gases and the energy transition

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Articles

Air Products sets out in a new direction - a round-up

5 days ago | gasworld.com | Christian Annesley

On 1 May the new leadership of industrial gas major Air Products hosted an earnings call and told us a lot about the company’s direction from here. Here Managing Editor Christian Annesley gathers together everything we found out about Air Products’ past mistakes and future strategy.
China gasification plants have dented earnings in Asia, says Air Products

1 week ago | gasworld.com | Christian Annesley

Industrial gas major Air Products has said that two underperforming coal gasification facilities in China have acted as a drag on the company’s performance in Asia, delivering bottom-line losses in fiscal 2023 and 2024 that have dented the region’s overall earnings contribution to the group.
Air Products seeks to improve profit margin in core business by a quarter

1 week ago | gasworld.com | Christian Annesley

Industrial gas major Air Products has set a target to improve the operating margin of its core merchant gas business over time from about 24% today to a best-in-class 30% or more – that’s an uplift of a quarter. The company, which held an earnings call this week where it posted a $1.7bn second-quarter 2025 loss after taking a write-down of up to $3.1bn on three cancelled large-scale projects, has had a lot to grapple with in recent months.
EU gas report 2025

1 week ago | gasworld.com | Christian Annesley

By gasworld Intelligence with reporting by Christian AnnesleyEurope is one of the world’s key markets for industrial gases, even if the rate of Europe’s consumption of industrial gas has remained steady in recent years at just below £20bn annually while some other markets have been growing. With the 2024 data now in, it is a good moment to look at market moves and trends. Market breakdown by country... to continue reading you must be subscribed
10 minutes with… Luca Scaccabarozzi

1 week ago | gasworld.com | Christian Annesley

gasworld takes ten minutes with Luca Scaccabarozzi, Head of Automation at Swiss Safety CenterWhat have we interrupted in your schedule today? I am following up on some work generated by my recent travels. I was part of a Factory Acceptance Test for a brand-new Autosonic system, plus I was in the Far East visiting a customer to deliver training, audit and support for its staff. Could you tell us more about Swiss Safety Center? ... to continue reading you must be subscribed
Air Products CEO: why we kept some hydrogen projects and canned others

1 week ago | gasworld.com | Christian Annesley

Air Products has said more about its logic for deciding which underperforming hydrogen projects to cancel and which to pursue. The recently installed CEO Eduardo Menezes said on Thursday’s Q2 earnings call that the company was mindful of the way that delivering a project would impact its cash flow, while also considering project-related commercial commitments to customers. “You know, we take [our customer commitments] very seriously,” he said.
New CEO candid on ‘self-inflicted’ delays to Air Products’ Alberta hydrogen facility

1 week ago | h2-view.com | Christian Annesley

Air Products has said the ballooning costs and project slip on its planned net-zero hydrogen energy complex in Alberta in Canada, first announced in 2021, is in part due to “self-inflicted” project management failures. Speaking on the company’s Q2 earnings call, new CEO Eduardo Menezes said the “tremendous increase” in capital costs on the project was “unforgivable” and reflected the project hitting some avoidable roadblocks.
Compression counts: how PDC Machines is staying ahead

1 week ago | gasworld.com | Christian Annesley

Gas compression is critical to the industrial gas sector, from facilitating efficient storage and safe transportation in cylinders or tube trailers to providing pure gas at specific pressures for various food, satellite, medical, and other applications. For the hydrogen energy market, compression allows low density hydrogen gas to be utilised at a higher pressure and therefore the energy density is comparable to liquid fossil fuels.
How Mil’s is a leader in medical oxygen

1 week ago | gasworld.com | Christian Annesley

Just 15 years after its first-ever oxygen generator came to market, the French SME Mil’s has come to dominate this important healthcare niche. Christian Annesley gets the story from Managing Director Christian PicOne thing we all learned during the height of the Covid-19 pandemic in 2020 and 2021 is that oxygen is required in volume by every major hospital in the world.
Air Products CEO bemoans ‘self-inflicted’ failures on delayed Alberta project

2 weeks ago | gasworld.com | Christian Annesley

Air Products has said the ballooning costs and project slip on its planned net-zero hydrogen energy complex in Alberta in Canada, first announced in 2021, is in part down to “self-inflicted” project management failures.