Air Products and ACWA Power signed a joint development agreement 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. Envisioned for Oman's Salalah Free Zone, the joint venture project would be based on proven, world-class technology and include: the innovative integration of renewable power from solar, wind and storage; production of hydrogen by electrolysis; production of nitrogen by air separation; and production of green ammonia. It is anticipated that the green hydrogen-based ammonia production facility would be equally owned by the project partners.
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
420 SAR | -6.87% | -3.76% | +63.42% |
Apr. 25 | Saudi Shares Close Trading Week in Red; Cenomi Retail Shares Soar | MT |
Apr. 25 | Acwa Power Unit Extends Power Purchase Contract with Oman's Nama Power and Water Procurement | MT |
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+63.42% | 81.88B | |
-18.57% | 88.15B | |
-.--% | 51.55B | |
-1.04% | 48.66B | |
-3.68% | 45.53B | |
+2.47% | 34.83B | |
+11.35% | 33.95B | |
-22.56% | 25.41B | |
-14.21% | 22.57B | |
+1.30% | 22.14B |
- Stock Market
- Equities
- 2082 Stock
- News ACWA POWER Company
- Air Products and Acwa Power Sign Joint Development Agreement Toward World-Scale Green Hydrogen-Based Ammonia Production Facility in Oman