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 | ||
406.6 SAR | +1.65% | -3.00% | +58.53% |
05-03 | Saudi Arabia's Acwa Power Signs SAR18.2 Billion Wind Power Deal in Uzbekistan | MT |
05-02 | Saudi Shares Close Flat Amid Earnings Buzz, OECD GDP Forecast | MT |
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+58.53% | 79.41B | |
-21.43% | 84.17B | |
-.--% | 51.55B | |
+1.51% | 49.24B | |
-2.42% | 46.1B | |
-4.57% | 39.42B | |
+3.87% | 34.97B | |
+15.21% | 34.91B | |
-19.52% | 26.51B | |
-10.45% | 23.24B |
- 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