NYSE:APDChemicals
How a Potential Yara Low‑Emission Ammonia Partnership Could Impact Air Products and Chemicals (APD) Investors
Earlier this month, Yara and Air Products announced they are in advanced talks to partner on low-emission ammonia projects, including a potential US$8.00–US$9.00 billion Louisiana complex and marketing of renewable ammonia from the nearly complete NEOM project in Saudi Arabia.
A particularly important aspect is that Yara may acquire about a quarter of the Louisiana project’s ammonia assets and integrate the full output into its global distribution network under long-term agreements,...