Company Will Record Pre-Tax Charge in Fiscal Third Quarter; Finalizing Agreement with Yara for Renewable Ammonia from NEOM Green Hydrogen Project in Saudi Arabia Air Products is planning to build, own and operate a new air separation unit in Cocoa, Florida, to produce critical industrial gases and support continued growth of the space launch industry. With start-up targeted for the second half of 2028, the new facility will strengthen supply reliability and help meet increasing demand of liquid oxygen, nitrogen and argon products in the region.