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Air Products and Yara in Advanced Negotiations to Partner on Low-emission Ammonia Projects
World-leading hydrogen supplier and global industrial gases company Air Products (NYSE: APD) and world-leading crop nutrition and ammonia company Yara International ASA (OSE: YAR) are working to combine Air Products' industrial gas capabilities and low-emission hydrogen with Yara's ammonia production and distribution network:
About this update from Air Products And Chemicals, Inc.
[{"type":"text","content":"Plans connect Air Products' low-emission ammonia projects in the U.S. and Saudi Arabia with Yara's world-scale ammonia network.","length":135,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Final Investment Decisions by both companies for the U.S. project (Louisiana Clean Energy Complex) are targeted by mid-2026, subject to, among other things, air permit issuance and finalization of construction contracts; and","length":224,"tagName":"p"}]},{"val":[{"type":"text","content":" Final marketing and distribution agreement for renewable ammonia from the Saudi Arabian project (NEOM Green Hydrogen Project) is targeted for the first half of 2026. ","length":165,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":389,"olType":false},{"type":"text","content":"OSLO, Norway, Dec. 8, 2025 /PRNewswire/ -- World-leading hydrogen supplier and global industrial gases company Air Products (NYSE: APD) and world-leading crop nutrition and ammonia company Yara International ASA (OSE: YAR) are working to combine Air Products' industrial gas capabilities and low-emission hydrogen with Yara's ammonia production and distribution network:","length":378,"tagName":"p"},{"type":"text","content":"Louisiana Clean Energy Complex: Air Products is developing the world's largest low-carbon energy complex in the state of Louisiana. The complex is designed to produce >750 million standard cubic feet per day of low-carbon hydrogen, capturing 95 percent of the carbon dioxide (CO2) generated during normal operation.","length":322,"tagName":"p"},{"type":"text","content":"Air Products is the project developer and once the ammonia plant has achieved agreed upon performance levels, Yara would acquire the ammonia production, storage and shipping facilities for approximately 25 percent of the total project cost (estimated between $8-9 billion). Yara would assume responsibility for related operations and integrate the entire ammonia output into its global distribution network.","length":407,"tagName":"p"},{"type":"text","content":"Air Products would own and operate the industrial gases production, where approximately 80% of the low-carbon hydrogen would be supplied to Yara under a 25-year long-term offtake agreement to produce 2.8 million tonnes of low-carbon ammonia per year. The remaining hydrogen would be...