APD cancels LCEC project, expects Q3 pre-tax charge of $2.9B
Air Products will exit the LCEC project, incurring a $2.9 billion pre-tax charge driven by economic conditions and slower market development. The company offsets this by finalizing a green ammonia marketing deal with Yara.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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