Air Products & Chemicals, Inc. - APD STOCK NEWS

Air Products San Fu has announced a significant investment of $900 million to build ultra-high purity industrial gas facilities in Kaohsiung, Taiwan, supporting a major semiconductor manufacturer. This project will enhance the supply of nitrogen, oxygen, argon, and hydrogen to advanced fabs, demonstrating the company's commitment to growth and reliability in the electronics sector. With over 40 years of experience in the global electronics market, Air Products aims to meet increasing demands in semiconductor manufacturing, further solidifying its position as a leading integrated gases supplier.

Air Products CEO, Seifi Ghasemi, will receive the CME STEM Leadership Award for Lifetime Achievement on December 7, 2022. The award recognizes his visionary leadership and commitment to fostering STEM talent, which has contributed significantly to financial growth and an inclusive work culture at Air Products. Ghasemi's leadership has supported pioneering strategies in areas such as gasification and carbon capture. The event will feature a keynote address by NASA's Chief Scientist, Katherine Calvin, highlighting the importance of STEM programs in addressing global challenges.

Air Products (NYSE: APD) announced a $2 billion expansion at World Energy's Sustainable Aviation Fuel (SAF) production hub in Paramount, California, the world's first commercial-scale SAF facility. This project will increase capacity to 340 million gallons annually and includes a new hydrogen plant. Scheduled for operation by 2025, it aims to support energy transition with low-carbon solutions. The SAF produced will reduce carbon emissions by up to 80% compared to conventional jet fuel, aligning with California's decarbonization goals.

Air Products (NYSE:APD) will showcase its net-zero hydrogen energy complex and hydrogen mobility solutions at the Canadian Hydrogen Convention on April 26, 2022. CEO Seifi Ghasemi will present on the role of hydrogen in energy transition. The company is investing in a $1.3 billion CAD facility in Edmonton, expected to be operational in 2024, to establish a competitive hydrogen network. Air Products aims to leverage Canada's natural resources and skilled workforce to lead in clean energy initiatives, enhancing its position as the world's largest hydrogen producer.

Air Products (NYSE:APD) has announced its acquisition of Air Liquide's industrial gases business in the UAE, including liquid bulk, packaged gases, and specialty gases, as well as a majority stake in Middle East Carbon Dioxide W.L.L in Bahrain. This strategic move aims to enhance Air Products' footprint in the Middle East, strengthen product sourcing, and improve service reliability. Financial terms of the deal remain undisclosed.

Air Products (NYSE:APD) announced a record contribution of $5.3 million to the United Way for the 2021-2022 campaign, marking the largest single-year donation by any company in the history of the Greater Lehigh Valley United Way. This effort will support over 17,000 individuals with emergency services, 25,000 students with educational resources, and 38,000 with access to nutritious food. The campaign saw a nearly 30% increase from the previous year and included an additional $500,000 contribution for expanding community programs.

Air Products (NYSE:APD) announced it will release its fiscal 2022 second quarter financial results on May 5, 2022, before market open. The company will host a teleconference at 8:30 a.m. ET that is open to the public and media in a listen-only mode. Teleconference details include a live call at 323-994-2131 (Passcode: 3339077) and an Internet broadcast available on its Investor Relations website. The company reported fiscal 2021 sales of $10.3 billion and a market capitalization of approximately $55 billion.

Air Products' Senior Vice President and Chief Human Resources Officer, Victoria Brifo, will present a keynote address at the GAWDA Spring Management Conference on April 5 in Indianapolis. The theme, "Leaders Mentoring Leaders – Working Together to Tame the Chaos," will feature insights on leadership influenced by the COVID-19 pandemic. Attendees can also engage with Air Products representatives at booth #703 on April 4 to explore their innovative gas solutions. The company reported fiscal 2021 sales of $10.3 billion and has a market cap of approximately $55 billion.

Air Products (NYSE:APD) is set to showcase its freezing and chilling solutions at the Boston Seafood Expo from March 13-15, 2022. Key technology includes the Freshline® IQ cryogenic tunnel freezer, designed for seafood processors, enabling rapid freezing that preserves moisture and quality. The company, which has over 60 years of experience in supplying the food industry, operates advanced labs in Allentown, PA, to test and optimize cryogenic processes for customers. Air Products reported fiscal 2021 sales of $10.3 billion and has a market cap exceeding $50 billion.