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AirProductsAndChemicals


News

Indonesian Bumi Resources, U.S. Air Products to start $2 bln methanol JV in May

By Fransiska Nangoy and Stefanno Sulaiman JAKARTA, April 27 (Reuters) - A unit of Indonesia's biggest coal miner PT Bumi Resources BUMI.JK and U.S. firm Air Products and Chemicals Inc APD.N will jointly invest in a methanol facility, an Indonesian minister and Bumi executive said on Wednesday. Bumi's Kaltim Prima Coal will build the facility in Ben
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NEOM JV to secure billions in financing in early 2022, ACWA CEO says

By Yousef Saba DUBAI, Oct 11 (Reuters) - ACWA Power, which debuted on Saudi Arabia's stock market on Monday, expects to finalise in the first quarter of next year billions of dollars in financing for a green hydrogen joint venture at the planned futuristic city NEOM, ACWA's CEO said. The project, which will be equally owned by Air Products, ACWA Po
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Aramco Announces Signing Asset Acquisition And Project Financing Agreements For JV in Jazan

Sept 27 (Reuters) - SAUDI ARABIAN OIL CO 2222.SE : * ARAMCO, AIR PRODUCTS, ACWA POWER, AND AIR PRODUCTS QUDRA SIGN ASSET ACQUISITION AND PROJECT FINANCING AGREEMENTS FOR $12 BILLION ASU/GASIFICATION/POWER JOINT VENTURE IN JAZAN, SAUDI ARABIA * ARAMCO VIA ITS SUBSIDIARY SAUDI ARAMCO POWER COMPANY (SAPCO) HAS A 20 PERCENT SHARE IN THE JV * THE JV IS
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Ackman's Pershing Square fund surges as Universal soars in stock debut

By Svea Herbst-Bayliss BOSTON, Sept 22 (Reuters) - Hedge fund manager William Ackman's 10% bet on Universal Music Group helped nearly double returns at his own portfolio to 15.3% this week after shares in the world's biggest music label surged in their first hours as a publicly traded company. Ackman, who runs hedge fund firm Pershing Square Capita
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Britain tells its food industry to prepare for CO2 price shock

* CO2 prices will rise sharply, minister says * UK pays fertiliser maker CF to reopen plants * Poultry plants would have closed, Britain says * Iceland says 3-week deal will not save Christmas * Poultry industry says turkey production will still fall By Guy Faulconbridge, Kate Holton and James Davey LONDON, Sept 22 (Reuters) - Britain warned its fo
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Britain tells its food industry to prepare for CO2 price shock

(Corrects percentage rise to 400%, paragraph 1) * CO2 prices will rise sharply, minister says * UK pays fertiliser maker CF to reopen plants * Poultry plants would have closed, Britain says * Iceland says 3-week deal will not save Christmas * Poultry industry says turkey production will still fall By Guy Faulconbridge, Kate Holton and James Davey L
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