Air Products & Chemicals, Inc. - APD STOCK NEWS

Air Products (NYSE: APD) will showcase its industrial gas solutions at the PowderMet2022 International Conference from June 12-15 in Portland, Oregon. Attendees can visit booth #216 to learn how these technologies can improve product quality, reduce costs, and optimize gas usage in metals processing. Liang He, Senior Project Engineer, will present on sintering process optimization using Industry 4.0 technologies. With over 80 years in operation, Air Products is a leader in industrial gases, reporting $10.3 billion in fiscal 2021 sales and a market cap of about $55 billion.

Air Products (NYSE: APD) announced a long-term supply agreement with Indian Oil Corporation Limited (IOCL) for a new industrial gas complex in Barauni, India. This facility will provide hydrogen, nitrogen, and steam to support IOCL's refinery expansion from six to nine million tonnes per annum. The project includes a state-of-the-art hydrogen production facility and a high-efficiency air separation unit. Expected to be operational in 2024, this complex represents Air Products' second Build, Own and Operate initiative in India, following the Kochi facility.

Air Products (NYSE:APD) announced that its Chairman, President, and CEO, Seifi Ghasemi, will deliver remarks at the Deutsche Bank Global Materials Conference on June 9, 2022, at 8:15 am ET. The session is accessible via the company's Investor Relations website. Air Products, a leader in industrial gases for over 80 years, reported $10.3 billion in fiscal 2021 sales across more than 50 countries, with a market cap of approximately $55 billion. The company is dedicated to sustainability and innovation in various sectors, including energy and manufacturing.

Air Products (NYSE: APD), OQ, and ACWA Power have signed a joint development agreement for a multibillion-dollar green hydrogen-based ammonia production facility in Oman, leveraging renewable energy sources. This project, which follows a memorandum of understanding from December 2021, will be located at Oman’s Salalah Free Zone and involves technology for hydrogen production by electrolysis and nitrogen by air separation. Each partner will equally own the facility, contributing to Oman’s renewable energy strategy and Vision 2040.

Air Products (NYSE:APD) launched the Female Engineers & Technical Associates (FETA) program on May 25, 2022, in Dammam, Saudi Arabia, with the Prince of the Eastern Province present. This initiative aims to enhance career development for women in engineering, providing tailored job rotations and training opportunities. The program aligns with Saudi Arabia's Vision 2030, promoting women’s empowerment. Additionally, Air Products is investing in Education For Employment to enhance youth employment prospects in the MENA region. The company reported fiscal 2021 sales of $10.3 billion and holds a market capitalization of around $55 billion.

The Board of Directors of Air Products (NYSE:APD) declared a quarterly dividend of $1.62 per share, payable on August 8, 2022. Shareholders on record as of July 1, 2022 will receive this dividend. Air Products, a leader in industrial gases, reported fiscal 2021 sales of $10.3 billion and a market capitalization of approximately $55 billion. The company is committed to sustainability and operates large-scale gas projects, including those focusing on hydrogen and carbon capture, aiding in energy transition efforts.

Air Products (NYSE:APD) will donate up to $15,000 to the AIST Foundation during AISTech2022, taking place from May 16-18 in Pittsburgh, Pennsylvania. For each registered attendee visiting their booth, $100 will be donated to promote steel industry careers for young engineers. Air Products aims to help iron and steelmakers optimize efficiency, reduce costs, and decarbonize processes. The company will also participate in presentations on hydrogen production and green furnace technologies, showcasing their expertise in industrial gas solutions.