Air Products Combines Technology Expertise and Introduces Air Products Membrane Solutions

Rhea-AI Summary

Air Products (NYSE:APD) has launched a new brand identity for its membrane business units, rebranding them as Air Products Membrane Solutions. This change aims to enhance customer experience and foster collaboration among its previously separate units, including PRISM® Membranes and Permea China Ltd. The company, a leader in membrane technology for 30 years, focuses on innovative solutions for gas separation and purification, particularly in industries such as aerospace, food and beverage, and energy. With projected sales of $8.9 billion in fiscal 2020, Air Products continues its commitment to sustainability and technological advancement.

Positive

• Unified branding under Air Products Membrane Solutions may streamline customer interactions.
• Strengthened market presence through enhanced collaboration among the membrane business units.
• Commitment to advancing membrane technologies showcases ongoing investment in innovation.

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• None.

LEHIGH VALLEY, Pa., Oct. 20, 2021 /PRNewswire/ -- Air Products (NYSE:APD), the global leader in production of gas separation and purification membranes, today announced a new brand identity for its world-leading membrane business units, which will now all operate around the world as Air Products Membrane Solutions.

The new identity moves the former business units including Air Products PRISM® Membranes, Air Products Norway, and Permea China Ltd. teams under one name to simplify the customer experience and further spur collaboration and innovation amongst the three entities.

"Air Products has been a leader in membrane technology for 30 years. This effort demonstrates our continued commitment to advancing membrane technologies," said Dr. Samir J. Serhan, Air Products' chief operating officer. "Combining the talents of these teams in one unified business will position Air Products Membrane Solutions to better serve our customers by strengthening our offerings and presence in the marketplace."

Air Products Membrane Solutions specializes in the development of hollow fiber membrane separators and systems for onsite gas generation. Air Products designs, engineers, manufactures, and markets a full portfolio of PRISM® Membrane Separators, Marine Systems, and Engineered-to-Order Systems to protect lives and goods at sea, on land, and in the air, to create more sustainable energy sources and raise productivity across a variety of industries and applications.  

Air Products Membrane Solutions' key offerings include:

• PRISM® Membrane Separators - Offered to value added packagers as an Original Equipment Manufacturer component inside specialized systems. Industries served include biogas upgrading, aerospace, offshore drilling, food and beverage, transportation, and defense.
• Marine Systems - Air Products is the world's most experienced and largest supplier of marine-based membrane systems serving duel-fuel systems, chemical transport, oil platform inerting and LNG transport. More than 1,800 ships worldwide currently use separation systems based on Air Products' membrane technology.
• Engineered-to-Order-Systems - Large industrial membrane systems for nitrogen generation and process gas applications, which are fully customized to customer specifications serving the oil and gas industry, ammonia plants, chemical manufacturing facilities, and renewable diesel production.
• Global Service and Support - Maintenance and optimization of membrane systems. Offering health checks, replacement parts, remote monitoring, and other services to keep membranes operating at peak performance.

For more information on Air Products Membrane Solutions visit airproducts.com/membranes.

About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale carbon-free hydrogen projects supporting global transportation and the energy transition.

The Company had fiscal 2020 sales of $8.9 billion from operations in 50 countries and has a current market capitalization of approximately $65 billion. More than 19,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world. For more information, visit airproducts.com or follow us on LinkedIn, Twitter, Facebook, or Instagram. 

 

 

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SOURCE Air Products

FAQ

What is the new brand identity for Air Products' membrane business?

Air Products has unified its membrane business units under the new brand name Air Products Membrane Solutions.

When was the new brand identity for Air Products announced?

The new brand identity was announced on October 20, 2021.

What industries does Air Products Membrane Solutions serve?

Air Products Membrane Solutions serves industries including biogas upgrading, aerospace, food and beverage, and offshore drilling.

What are key offerings from Air Products Membrane Solutions?

Key offerings include PRISM® Membrane Separators, Marine Systems, Engineered-to-Order Systems, and Global Service and Support.

What was Air Products' sales figure in fiscal 2020?

Air Products reported sales of $8.9 billion in fiscal 2020.