#arizona

Air Products books $3.2 billion of charges after exiting hydrogen projects

Air Products recorded about $3.2 billion of pre-tax charges in fiscal 2026, mostly for exiting clean energy projects including a Louisiana hydrogen and ammonia complex and an Arizona green hydrogen plant. Capital expenditures fell $1.8 billion to $3.3 billion, with $3.0 billion to $3.5 billion guided for fiscal 2027.