Air Products in final negotiations for $11.5B JV to acquire Jazan assets

Air Products confirmed it is in final negotiations to form a joint venture with Saudi Aramco, ACWA Power and Air Products Qudra to acquire the gasification, power and industrial gas assets at Jazan Economic City, with a total investment value of about $11.5 billion.

“Air Products today confirmed that it is in final negotiations to form a joint venture with Saudi Aramco, ACWA Power and Air Products Qudra to acquire the gasification, power and industrial gas assets at Jazan Economic City, representing a total investment value of about $11.5 billion.”airproducts.com

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• airproducts.comAir Products Confirms It is in Final Negotiations to Form $11.5 Billion Joint Venture to Acquire the Gasification/Power/Industrial Gas Assets at Jazan Economic CityOct 1, 2019

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