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 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.
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.
Air Products & Chemicals Inc. stock outperforms competitors despite losses on the day
Shares of Air Products & Chemicals Inc. APD slipped 1.11% to $313.85 Wednesday, on what proved to be an all-around mixed ...
Air Products announcement bad news for north country
What began with a good news announcement in October 2022 ended with a bad news announcement this week. Air Products had ...
northcountrynow17h
Air Products drops green hydrogen project in Massena, citing tax credit eligibility issues
A green hydrogen facility being built in the town of Massena has been canceled. The news broke on Feb. 24 as Air Products ...
Air Products Beats Estimates for Quarterly Profit Amid Costly Boardroom Battle
However, Air Products forecast second-quarter adjusted profit between $2.75 per share and $2.85 per share, falling short of analysts' expectations of $3.05 per share, according to data compiled by ...
Air Products & Chemicals Inc. stock outperforms competitors on strong trading day
The stock's rise snapped a three-day losing streak.
Hosted on MSN5h
Air Products uplifts teachers and improves infrastructure at Chatsworth schools
Air Products’ corporate social investment (CSI) committee’s strategy in the KZN region is to continue the infrastructure ...
Air Products and Chemicals (NYSE:APD) Could Be Struggling To Allocate Capital
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few ...