Air Products , a global leader in hydrogen and industrial gases and Yara International ASA , a world-leading crop nutrition and ammonia company, are in advanced discussions to collaborate on large-scale low-emission ammonia projects in the United States and Saudi Arabia. The partnership seeks to combine Air Products’ industrial gas expertise and low-emission hydrogen capabilities with Yara’s global ammonia production and distribution network, positioning both companies at the forefront of the emerging low-carbon ammonia market.

In the U.S., the Louisiana Clean Energy Complex is designed to become the world’s largest low-carbon energy complex, producing over 750 million standard cubic feet per day of low-carbon hydrogen while capturing 95 percent of CO2 emissions generated during operation. Under the proposed collaboration, Air Products will own and operate the industrial gases production, supplying approximately 80 percent of the hydrogen to Yara under a 25-year offtake agreement to produce 2.8 million tonnes of low-carbon ammonia annually.

Yara would acquire the ammonia production, storage, and shipping facilities for roughly 25 percent of the project cost, estimated between $8–9 billion, and integrate the output into its global distribution network. Remaining hydrogen will be delivered to Air Products’ U.S. Gulf Coast customers via its 700-mile hydrogen pipeline system. The facility’s captured CO2, projected at five million tonnes per year, will be sequestered under a long-term agreement with a third party. Both companies target final investment decisions by mid-2026, with project completion expected by 2030.

In Saudi Arabia, the NEOM Green Hydrogen Project is over 90 percent complete and expected to begin commercial production in 2027. Air Products will offtake up to 1.2 million tonnes per year of renewable ammonia. The two companies anticipate finalizing a marketing and distribution agreement in the first half of 2026, enabling Yara to commercialize ammonia not consumed by Air Products in Europe. Leveraging Yara’s global shipping fleet, the arrangement allows ammonia from the world’s first large-scale renewable ammonia plant to reach international markets efficiently.

The partnership builds on complementary strengths: Yara is the world’s largest trader and shipper of ammonia, transporting over four million metric tonnes annually through its fleet of 12 vessels and 18 import terminals, alongside substantial internal ammonia consumption. Air Products, as the world’s largest hydrogen supplier, brings advanced low-emission hydrogen and ammonia production at scale. Together, the companies aim to meet rising global demand for low-emission ammonia, particularly in Europe, while creating a flexible, profitable, and decarbonized ammonia supply chain.

Air Products CEO Eduardo Menezes noted that the collaboration with Yara accelerates the development of the global low-emission ammonia market and maximizes value from their Louisiana and Saudi projects. Yara CEO Svein Tore Holsether emphasized that the partnership aligns with Yara’s flexible nitrogen system, capital-efficient project model, and disciplined investment strategy, enabling energy diversification, profitable decarbonization, and strong returns.

This strategic collaboration positions Air Products and Yara at the forefront of the energy transition in ammonia production, combining industrial-scale low-carbon hydrogen with a proven global distribution network to deliver decarbonized ammonia solutions worldwide.