---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-289427"
form_type: "8-K"
ticker: "APD"
cik: "0000002969"
company_name: "Air Products & Chemicals, Inc."
filed_at: "2026-06-30T12:08:39+00:00"
generated_at: "2026-06-30T12:10:07.171414+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Air Products exits Louisiana clean energy complex, takes up to $2.9B pre-tax charge

## Summary
- Pre-tax charge up to $2.9B ($2.2B after-tax) in fiscal Q3 2026 for asset write-downs and contract terminations.
- Exits Louisiana Clean Energy Complex, Casa Grande green hydrogen project, and other clean energy distribution projects.
- Cash expenditures from exits estimated not to exceed $925M; may be lower after negotiations.
- Finalizing marketing and distribution agreement with Yara for renewable ammonia from NEOM Green Hydrogen Project in Saudi Arabia.
- Decisions driven by expected returns below criteria, challenging commercial conditions, and slower hydrogen mobility market.

## SEC filing metadata
- accession: 0001193125-26-289427
- form_type: 8-K
- ticker: APD
- cik: 0000002969
- company_name: Air Products & Chemicals, Inc.
- filed_at: 2026-06-30T12:08:39+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.06, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2969/000119312526289427/0001193125-26-289427-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2969/000119312526289427/d97956d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-289427
- JSON: https://secwatch.observer/filing/0001193125-26-289427.json
- Plain text: https://secwatch.observer/filing/0001193125-26-289427.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.