Air Products to exit 3 US projects

Air Products to exit three US projects
Air Products said on Monday it would exit three projects in the U.S. and expects to record a pre-tax charge of nearly $3.1 billion in its second quarter to write down assets and terminate contractual commitments.
Air Products terminates 3 projects in U.S. after change in leadership; will cost up to $3.1 billion
The Upper Macungie Township industrial gas company said the decision was made after a review initiated by the newly elected board of directors and new CEO Eduardo Menezes.
Air Products to exit three U.S.-based projects, including California SAF expansion
Air Products (NYSE:APD) said Monday it will exit three projects in the U.S., resulting in a Q2 pre-tax charge not to exceed $3.1B, primarily to write down assets and terminate contractual commitments.
Air Products’ new leadership cancels 3 U.S projects
With new leadership in charge, Air Products has begun making changes, including a decision to exit three U.S. projects.
Air Products to exit three U.S.-based projects, sees Q2 charges
As part of a review initiated by Air Products (APD)’ newly-elected Board of Directors and CEO, the company announced its decision to exit three
Air Products Will Take Charge of Up to $3.1B to Exit Three U.S. Projects
Air Products expects to record a pre-tax charge of not more than $3.1 billion to exit three projects in the U.S. as it looks to streamline its business. The Lehigh Valley, Pa., industrial gas supplier said Monday it expects to record the charge in its second quarter. The charge isn't expected to affect adjusted earnings per share in this year.
Air Products pulls plug on three major U.S. projects
One month after losing a proxy battle that saw the ouster of its longtime CEO and the shakeup of its board of directors, Air Products is pulling the plug on
Air Products exits three U.S. projects, takes write down not to exceed $3.1 B
Air Products announced its decision to exit three projects in the U.S. As a result, Air Products expects to record a pre-tax charge not to exceed $3.1 billion in its fiscal 2025 second quarter, primarily to write down assets and terminate contractual commitments.
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