Air Products & Chemicals, Inc. - APD STOCK NEWS

Air Products (NYSE:APD) has partnered with Professor Bryan Berger from the University of Virginia to explore cryogenic freezing's benefits for cannabinoids in industrial hemp. The collaboration aims to study the effects of liquid cryogens on the chemical profiles and extraction processes of hemp, enhancing yield and quality. Berger, with expertise in hemp processing, expects the research to provide best practices for growers. Air Products emphasizes its role in the industrial hemp market, utilizing cryogenic technology to improve the efficiency of harvesting, processing, extraction, and packaging.

Air Products (NYSE:APD) has declared a quarterly dividend of $1.34 per share, payable on November 9, 2020. Shareholders of record as of October 1, 2020 will receive this dividend. The company reported fiscal 2019 sales of $8.9 billion with a market capitalization exceeding $60 billion. With nearly 80 years in operation, Air Products continues to be a leader in industrial gases, serving multiple sectors, including energy and electronics, and is recognized for its sustainable gasification projects.

Air Products (NYSE:APD) announced a conference call on July 7, 2020, at 8:30 a.m. USET to discuss the NEOM Project. This live call is open to the public and will be accessible via telephone and Internet. A replay will be available for a week after the event. Air Products reported $8.9 billion in sales for fiscal 2019 and has a market cap of approximately $50 billion.

Air Products, alongside ACWA Power and NEOM, has announced a landmark agreement for a $5 billion green hydrogen production facility in Saudi Arabia. Set to become operational in 2025, this project aims to produce 650 tons of hydrogen daily, significantly contributing to global transportation needs. The facility will generate 1.2 million tons of green ammonia annually, harnessing over 4 gigawatts of renewable energy. This initiative is expected to save over three million tons of CO₂ emissions per year, marking a significant step towards sustainable energy solutions.

Air Products (NYSE: APD) and thyssenkrupp Uhde Chlorine Engineers have signed a Strategic Cooperation Agreement (SCA) to develop world-scale electrolysis plants for green hydrogen production. This collaboration aims to leverage their combined technology and engineering capabilities, focusing on sustainable energy solutions. thyssenkrupp will provide technology and engineering services for the projects, which are essential for various industries including transportation and power generation. The agreement marks a significant step towards economic green hydrogen production at gigawatt-scale.

Air Products (NYSE:APD), a global leader in industrial gases, has been awarded a gold medal for Corporate Social Responsibility (CSR) by EcoVadis for the third consecutive year. The gold rating reflects the company's commitment to sustainability across four categories: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. Additionally, Air Products was recognized in 2020 as one of the 100 Best Corporate Citizens by 3BL Media and featured in S&P Global's Sustainability Yearbook. The company aims to innovate solutions that benefit the environment while enhancing sustainability.

Air Products (NYSE: APD) has announced that its new steam methane reformer and cold box in Geismar, Louisiana, is now operational, supplying carbon monoxide, hydrogen, and steam to Huntsman's industrial operations. The facility produces approximately 6.5 million standard cubic feet per day of CO and 50 MMSCFD of hydrogen, with an option for future expansion. This new facility enhances supply reliability and supports Huntsman’s MDI-polyurethanes assets. The integration into Air Products' Gulf Coast hydrogen pipeline network strengthens its position in the hydrogen market.

Air Products (NYSE: APD) will announce its fiscal 2020 Q3 financial results on July 23, 2020, prior to market opening and will host a teleconference at 10:00 a.m. ET that day. The call is accessible to the public via telephone and Internet. A replay will be available from 2:00 p.m. ET on the same day through July 30, 2020. The company reported $8.9 billion in sales in fiscal 2019 and has a market cap of approximately $50 billion. For more information, visit the Air Products website.

Air Products (NYSE: APD) has been recognized in the 2020 100 Best Corporate Citizens list, ranking 26th, an improvement from 35th in 2019. This marks the ninth consecutive year the company has received this honor, emphasizing its commitment to environmental, social, and governance (ESG) transparency. The rankings evaluate 141 ESG performance factors. The CEO, Seifi Ghasemi, stated that sustainability and corporate responsibility are central to their operations. In fiscal 2019, Air Products generated $8.9 billion in sales, with a market cap of approximately $50 billion.