Air Products & Chemicals Inc
About
Air Products & Chemicals, Inc. engages in the manufacture and distribution of atmospheric gases. It operates through the following segments: Americas, Asia, Europe, Middle East and India, and Corporate and Other. The Americas, Asia, Europe, and Middle East and India segments focuses on producing and selling gases to customers, including those in refining, chemicals, metals, electronics, manufacturing, medical, and food industries.
The Corporate and Other segment is involved in sales of cryogenic and gas processing equipment for air separation that is sold worldwide to customers in a variety of industries, including chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing. The company was founded by Leonard Parker Pool on September 30, 1940 and is headquartered in Allentown, PA.
Growth
Air Products is currently in a growth stage focusing on industrial gases and clean hydrogen. The company is strategically divesting non-core assets to streamline its operations and invest in high-growth areas. With a strong emphasis on sustainability, Air Products is actively pursuing the development of clean energy solutions to support the energy transition towards a greener future. The formation of a Management Board highlights the company's commitment to driving growth in its core business while expanding its clean hydrogen initiatives globally.
Achievements
Air Products has achieved several significant milestones in its history, including the completion of a $1.81 billion sale of its LNG business to Honeywell. This divestiture allows the company to focus on industrial gases and clean hydrogen, positioning itself for future growth in these areas. The 15-year supply agreement signed with TotalEnergies for green hydrogen marks a major milestone in Air Products' efforts to decarbonize key industries. The formation of a Management Board further strengthens the company's leadership structure to drive growth and innovation in the energy transition sector.
Case Studies
Air Products has been actively involved in several notable projects, including the development of a clean energy complex in Louisiana that produces blue hydrogen and ammonia. Additionally, the company is working on a net-zero hydrogen energy complex in Canada to produce clean hydrogen. The NEOM Green Hydrogen Complex in Saudi Arabia, which will be the world's largest green-hydrogen-based ammonia facility, is another significant project that Air Products is engaged in. These projects underscore the company's commitment to advancing clean energy solutions and supporting the energy transition.
Key Events
In the last year, key events for Air Products include the completion of a $1.81 billion sale of its LNG business to Honeywell, highlighting the company's strategic focus on industrial gases and clean hydrogen. The signing of a 15-year supply agreement with TotalEnergies for green hydrogen further solidifies Air Products' position in the decarbonization of key industries. The company published its 2024 Sustainability Report, emphasizing its commitment to generating a cleaner future through renewable energy and water management initiatives. Air Products also trialed Mercedes-Benz GenH2 trucks, demonstrating its commitment to developing hydrogen fueling solutions for various industries.
Socials
Website
Founded
-
Operating Status
Active
Industry
Basic Materials/Resources
headquarters
Address
1940 Air Products Boulevard Allentown Pennsylvania 18106 United States...
Country
United States
Employees
23000
Key People
Edward L. Monser (Lead Independent Director)
Matthew H. Paull (Independent Director)
Melissa N. Schaeffer (Chief Financial Officer & Senior Vice President)
Wolfgang Brand (Senior VP-Project Delivery & Technology)
Revenue
12.60 B
Operating Income
Stock Price
$134.84
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Air Products & Chemicals Inc
-
Website
-
Founded
-
-
Industry
Basic Materials/Resources
-
Address
1940 Air Products Boulevard Allentown Pennsylvania 18106 United States...
-
Country
United States
-
Number of employees
23000+
-
Revenue
12.60 B
About Air Products & Chemicals Inc
Air Products & Chemicals, Inc. engages in the manufacture and distribution of atmospheric gases. It operates through the following segments: Americas, Asia, Europe, Middle East and India, and Corporate and Other. The Americas, Asia, Europe, and Middle East and India segments focuses on producing and selling gases to customers, including those in refining, chemicals, metals, electronics, manufacturing, medical, and food industries.
The Corporate and Other segment is involved in sales of cryogenic and gas processing equipment for air separation that is sold worldwide to customers in a variety of industries, including chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing. The company was founded by Leonard Parker Pool on September 30, 1940 and is headquartered in Allentown, PA.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
