What financial impact will Air Products' abandonment of the LCEC project have on its fiscal third quarter of 2026?

Air Products will record a pre-tax charge of up to $2.9 billion in the fiscal third quarter of 2026 as a direct result of abandoning the Louisiana Clean Energy Complex (LCEC) project.

What strategic move is Air Products making alongside ending the LCEC project?

Simultaneously with abandoning the LCEC project, Air Products is finalizing a renewable ammonia distribution agreement with Yara.

Air Products Abandons LCEC Project and Books $2.9 Billion Pre-Tax Charge

Jul 7, 2026

Air Products announced abandonment of the Louisiana Clean Energy Complex, incurring a $2.9 billion pre-tax charge, while finalizing a renewable ammonia distribution deal with Yara.

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