Air Products announced it is abandoning a $4.5 billion hydrogen project due to too little return, adding other scrapped projects for a total $2.9 billion loss. The stock market moved up 8.6% despite the news.
Key points
Project cost: $4.5 billion hydrogen project scrapped.
Total loss from scrapped projects: $2.9 billion.
Sources
Storm Prediction Center Day 2 Convective Outlook
Storm Prediction Center Day 2 Convective Outlook shows a marginal risk of severe thunderstorms across portions of the eastern Carolinas and southeast Virginia on Friday. The outlook notes a few strong to severe storms are possible in that area.
Key points
Marginal risk of severe thunderstorms across portions of the eastern Carolinas and southeast Virginia.
Valid period 061200Z – 071200Z (Friday).
