Closures Come With Tonnages. Additions Come With Dollars.
The first monthly edition of the ledger: thirteen capacity entries dated in July 2026, from Barry to Brindisi to the Louisiana complex that got cancelled. Four of six removals came with a capacity figure. One of six additions did.
The largest capacity number in July's ledger belongs to a plant that will never exist.
Air Products walked away from the Louisiana Clean Energy Complex on July 30 and booked a pre-tax charge of up to $2.9 billion against it. The complex was announced in October 2021 at $4.5 billion, and it was going to make roughly 1,700 metric tons of hydrogen a day off steam methane reformation with the carbon put back underground. Yara, the anchor customer, concluded the project no longer met its investment criteria and exited on June 30. Thirty days later the whole thing was gone.
So the biggest tonne figure the desk logged in July is a subtraction from a future that had already been counted.
This is the first monthly edition of the ledger. Every entry below is dated in July 2026, meaning announced, booked, made effective, or first disclosed in that month, and every one of them was re-verified against a primary source this morning.
"When a producer tells you capacity moved, how often do they tell you how much?"
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