Air Products & Chemicals Inc (APD): NEOM Project Execution Faces Trade and Geopolitical Headwinds
Geopolitical risk remains a central focus as Air Products progresses on the NEOM Green Hydrogen Project, which is now 80% complete. While solar and wind infrastructure is about 80% to 90% finished, management warned that potential 25% tariffs on imported industrial components could impact the final costs of U.S.-based hydrogen assets. Furthermore, the company’s reliance […]
Geopolitical risk remains a central focus as Air Products progresses on the NEOM Green Hydrogen Project, which is now 80% complete. While solar and wind infrastructure is about 80% to 90% finished, management warned that potential 25% tariffs on imported industrial components could impact the final costs of U.S.-based hydrogen assets. Furthermore, the company’s reliance […]