July 23, 2026 - Today's Industrial Market News from Industrialinfo.com

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Industrial Info Resources - Industry News Podcast 2 min 1 speaker 5 chapters transcribed 1 month ago
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Transcript generated automatically by AI and may contain errors.

What is the main topic discussed in this episode?

Christine Ramos 0:11
This is the World Industrial News for Thursday, July 23rd. Brought to you by Industrial Info Resources of Sugar Land, Texas.

Why did Air Products cancel its low‑carbon hydrogen project in Louisiana?

Christine Ramos 0:21
Air Products and Chemicals Incorporated recently announced it would end development of a massive low-carbon hydrogen project in Louisiana. It's the latest in a string of cancellations and delays plaguing the U.S. market for the blue production of hydrogen and other chemicals. Industrial Info Resources is tracking more than $45 billion worth of active and proposed projects across the U.S.

What projects is Industrial Info Resources tracking and why do many have low probability?

Christine Ramos 0:45
world. They're blue hydrogen, ammonia, or methanol, but many have been deemed as having a low probability of moving forward as planned. GE Vernova, which manufactures wind and gas turbines, saw second quarter 2026 orders reach $24.2 billion, up 88% year-over-year, driven largely by gas turbine orders, while the company's wine segment continues to be a drag.

How did GE Vernova’s Q2 2026 orders grow and what segments drove that change?

Christine Ramos 1:12
Global demand for electricity is expected to rise 3.6% this year and 3.8% in 2027, outstripping the world's 3% growth in 2025, according to a new report from the International Energy Agency. On a percentage basis, demand growth this year is forecast to rise much faster in China and India than in the U.S.

What does the IEA forecast for global electricity demand through 2027 and which countries lead growth?

Christine Ramos 1:36
For details on these and other breaking news, read the full stories at industrialinfo.com. I'm Christine Ramos, reporting for Industrial Info News.

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