Lehigh Valley, PA; Muscat, Oman; and Riyadh, Kingdom of Saudi Arabia

Air Products, OQ and ACWA Power Sign Joint Development Agreement Toward World-Scale Green Hydrogen-Based Ammonia Production Facility in Oman

Powered by Renewable Energy, Facility Would Produce Green Energy Products 

Air Products (NYSE:APD), OQ, Oman’s leading integrated energy group, and ACWA Power (TADAWUL:2082) today signed a joint development agreement (JDA) toward a multibillion-dollar investment in a world-scale green hydrogen-based ammonia production facility powered by renewable energy in Oman. 

The JDA signing follows a memorandum of understanding signed in December 2021.