STOCK TITAN

Air Products to Showcase Industrial Gas Solutions at the Pittcon 2021 Virtual Conference and Expo

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Air Products (NYSE: APD) will participate in the Pittcon 2021 Virtual Conference and Expo from March 8-12, showcasing its industrial gas solutions. The company aims to highlight its CryoEase® MicroBulk Solutions, which enhance efficiency and reduce waste for smaller-volume users of gases like nitrogen and oxygen. With over 10,000 CryoEase® tanks installed globally, Air Products emphasizes the importance of reliable gas supply in productivity and safety across various industries. The company reported fiscal 2020 sales of $8.9 billion and maintains a market cap of around $60 billion.

Positive
  • Showcasing CryoEase® MicroBulk Solutions which enhance efficiency for customers.
  • Over 10,000 CryoEase® tanks installed worldwide, demonstrating strong market presence.
  • Company reported fiscal 2020 sales of $8.9 billion.
Negative
  • None.

LEHIGH VALLEY, Pa., March 4, 2021 /PRNewswire/ -- Air Products (NYSE:APD) will host a virtual booth at the Pittcon 2021 Virtual Conference and Expo from March 8-12, where the company will highlight its industrial gas solutions for customers representing dozens of industries.

Conference attendees are invited to stop by Air Products' booth to learn more about CryoEase® MicroBulk Solutions, which provide the advantages of bulk supply to smaller-volume users of nitrogen, oxygen, argon and carbon dioxide. By filling customer storage systems on-site with our microbulk solutions, customers can eliminate swapping empty cylinders and/or smaller liquid dewars, improve efficiency, and reduce waste.

Installed at a customer site, MicroBulk delivery systems provide many benefits to the customer including:

  • Robust inventory management - remotely monitored so inventory levels are managed according to use with deliveries automatically dispatched when levels are lower.
  • Efficient use for economical savings – collaborate with our technical experts to evaluate your system and provide recommendations for an optimal supply system.
  • Fewer deliveries – investing in a MicroBulk system can reduce the number of site deliveries each month.
  • Integrated applications technology – MicroBulk gas supply combined with industry offerings can enhance throughput, improve quality and lead to cost savings.

Air Products' CryoEase® Service provides a convenient and cost-effective, reliable gas supply solution. Air Products introduced this service to further our mission of delivering the ideal gas supply solution to industrial gas users. Air Products has installed more than 10,000 CryoEase® tanks worldwide, bringing cost-effective, convenient, reliable and advanced gas supply services to customers across different industries.

Through over 80 years of experience in serving various industries all over the world, Air Products understands the importance a reliable gas supply has on productivity and safety. Whether exploring options for broadening analytical capabilities, or catalyzing existing techniques, Air Products' suite of CryoEase® industrial gas solutions offers various supply options to help customers reach their goals. Air Products' industry experts have dozens of years of experience in analytical and manufacturing spaces to address challenges customers face and are committed to creating innovative solutions.

Pittcon is the world's leading conference and exposition on analytical chemistry and scientific instrumentation. Information on registering to attend can be found at: https://pittcon.org/register/

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 about $60 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 LinkedInTwitterFacebook or Instagram

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company's Form 10-K for its fiscal year ended September 30, 2020.

Cision View original content:http://www.prnewswire.com/news-releases/air-products-to-showcase-industrial-gas-solutions-at-the-pittcon-2021-virtual-conference-and-expo-301240855.html

SOURCE Air Products

FAQ

What will Air Products showcase at Pittcon 2021?

Air Products will showcase its CryoEase® MicroBulk Solutions at the Pittcon 2021 Virtual Conference and Expo.

When is the Pittcon 2021 Virtual Conference?

The Pittcon 2021 Virtual Conference and Expo will take place from March 8-12, 2021.

What are the benefits of CryoEase® MicroBulk Solutions?

CryoEase® MicroBulk Solutions offer robust inventory management, economical savings, fewer deliveries, and integrated applications technology.

What were Air Products' fiscal 2020 sales?

Air Products reported fiscal 2020 sales of $8.9 billion.

What is the current market capitalization of Air Products?

Air Products has a current market capitalization of about $60 billion.

Air Products & Chemicals, Inc.

NYSE:APD

APD Rankings

APD Latest News

APD Stock Data

73.79B
221.48M
0.36%
90.09%
1.59%
Specialty Chemicals
Industrial Inorganic Chemicals
Link
United States of America
ALLENTOWN