Welcome to our dedicated page for Air Products & Chemicals news (Ticker: APD), a resource for investors and traders seeking the latest updates and insights on Air Products & Chemicals stock.
Air Products & Chemicals, Inc. (NYSE: APD) is a world-leading industrial gases company that has been making a positive impact on lives globally since its establishment in 1940. With over 20,000 employees and operations in more than 50 countries, Air Products provides essential services to a wide array of industries from food and beverage, healthcare, and personal care, to energy, transportation, and semiconductors.
Core Business: Air Products specializes in supplying atmospheric gases, process and specialty gases, performance materials, and related equipment and services. It is recognized as the largest supplier of hydrogen and helium worldwide.
Financial Performance: In fiscal 2023, Air Products generated $12.6 billion in revenue. The company continues to show strong financial health, reporting a GAAP EPS of $2.57 in Q2 FY24, a 30% increase from the previous year, and an adjusted EPS of $2.85, up 4% from the prior year.
Innovative Projects and Achievements: Air Products has been actively investing in sustainable projects. The company plans to invest $15 billion in clean energy projects by 2027. Recent developments include the successful performance test of its AP-DMR™ LNG Process technology in Mozambique and plans to build multi-modal hydrogen refueling stations across California and Canada.
Partnerships: Air Products has formed strategic alliances to enhance its service offerings. Notably, it has a 15-year agreement with TotalEnergies to supply 70,000 tons of green hydrogen annually starting in 2030, significantly reducing CO2 emissions.
Community and Sustainability: The company has been listed among Barron's 100 Most Sustainable Companies for six consecutive years. Air Products’ dedication extends to community engagement, exemplified by its donation pledge to the AIST Foundation to promote careers in the steel industry.
For more information, visit Air Products' official website.
Air Products Qudra, a joint venture between Air Products and Qudra Energy, will participate in the 15th Annual GPCA Forum in Dubai, from December 7-9, 2021. As a significant player in the Middle East, Air Products Qudra aims to showcase its capabilities in clean energy and sustainability. The event features a Speaker's Lounge where attendees can engage with representatives. Dr. Samir J. Serhan emphasized collaboration for innovative energy solutions, while CEO Ebubekir Koyuncu highlighted the focus on large-scale energy projects. Air Products is a leader in hydrogen production and environmental technology.
Air Products (NYSE:APD) announced that its Chairman and CEO, Seifi Ghasemi, will present at the Citi 2021 Basic Materials Virtual Conference on November 30, 2021 at 2:00 p.m. ET. A webcast will be available on the Air Products Investor Relations site. The company reported $10.3 billion in fiscal 2021 sales and has a market cap exceeding $65 billion, focusing on innovative solutions for sustainability.
Air Products (NYSE: APD) has declared a quarterly dividend of $1.50 per share, payable on February 14, 2022. Shareholders on record by the close of business on January 3, 2022 will receive this dividend. In fiscal 2021, the company achieved sales of $10.3 billion and has a market capitalization exceeding $65 billion. With over 20,000 employees, Air Products focuses on providing industrial gases and essential services across various sectors, including energy and environmental markets.
Air Products' Eric Guter, VP of Hydrogen for Mobility Solutions, will discuss hydrogen's role in the clean energy transition at CoMotion LA on November 18, 2021. He emphasizes the company's commitment to sustainability and significant investments in the hydrogen economy, mentioning that heavy-duty vehicles fueled by Air Products' hydrogen are operational from Europe to Los Angeles. Air Products will also showcase its hydrogen solutions at booth 10 during the event. The company has announced a $4.5 billion blue hydrogen clean energy complex in Louisiana, further enhancing its commitment to a cleaner energy future.
Air Products (NYSE: APD) has successfully reached its 2025 goal of 20% minority representation in U.S. professional and managerial roles, surpassing the initial base of 17% and achieving 30% representation by 2025. The company aims to enhance diversity further, including a new target for global female representation of 28% by 2025, up from 25%. The initiative includes various practices to improve talent acquisition and create an inclusive workplace culture. Air Products reported $10.3 billion in sales for fiscal 2021 and has a market cap exceeding $65 billion.
Air Products (NYSE:APD) and Air Products Qudra will present their advanced technologies at the ADIPEC conference from November 15-18 in Abu Dhabi. The joint venture emphasizes sustainable energy solutions, particularly the NEOM Green Hydrogen project. With a robust presence in the Middle East, Air Products aims to showcase innovations in hydrogen, carbon capture, and LNG. The company had a fiscal 2021 revenue of $10.3 billion and a market cap exceeding $65 billion. Their mission focuses on addressing environmental challenges through innovative solutions.
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