What is Air Products' revised full-year EPS target, and what major strategic move did it announce alongside this update?

Air Products raised its full-year EPS target to $13.39–$13.49 and announced a $2.9 billion charge to exit a major clean energy project in Louisiana and other ventures, while securing a landmark agreement with Yara to commercialize renewable ammonia from the NEOM Green Hydrogen Project to de-risk its offtake obligation.

Air Products Raises Full-Year EPS Target to $13.39–$13.49, Inks Yara Deal to De-risk NEOM Offtake After $2.9B Exit from Clean Energy Megaproject

Q: How does Air Products' agreement with Yara relate to its involvement in the NEOM Green Hydrogen Project?

Air Products secured a landmark agreement with Yara to commercialize renewable ammonia from the NEOM Green Hydrogen Project, which effectively de-risks its offtake obligation related to that project.

Jul 30, 2026

Air Products & Chemicals exceeded Q3 expectations and raised its full-year EPS forecast while exiting a $2.9 billion clean energy project. The company secured a strategic agreement with Yara to commercialize renewable ammonia from the NEOM Green Hydrogen Project.

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Air Products Raises Full-Year EPS Target to $13.39–$13.49, Inks Yara Deal to De-risk NEOM Offtake After $2.9B Exit from Clean Energy Megaproject

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