OB:YARChemicals
Will Yara’s NEOM Ammonia Deal and LCEC Exit Redefine Its Capital Discipline Story (OB:YAR)?
In late June 2026, Air Products announced it is finalizing a marketing and distribution agreement with Yara International for renewable ammonia from the NEOM Green Hydrogen Project, while Yara decided not to proceed with acquiring ammonia assets in the Louisiana Clean Energy Complex because expected returns did not meet its investment criteria.
This combination of walking away from a lower-return U.S. blue ammonia project while securing global distribution of NEOM’s renewable ammonia...