Air Products & Chemicals, Inc. reports news on its global industrial gases business, including hydrogen, helium, oxygen, nitrogen, argon, carbon dioxide and gas blends supplied to refining, chemicals, metals, electronics, manufacturing, medical, food and energy customers. Company updates frequently address quarterly earnings, capital discipline, dividends, gas supply agreements, new production assets and applications expertise for customer processes.
Recurring coverage also includes clean hydrogen and industrial decarbonization projects, helium supply-chain resilience, electronics and aerospace customer activity, and gas-based technologies such as oxy-fuel, carbon capture, Smart Technology and Freshline food freezing solutions. The company also reports on equipment offerings including turbomachinery, membrane systems and cryogenic containers.
Air Products (NYSE: APD) appointed Kurt Lefevere and Francesco Maione as Group Presidents, effective November 1, 2026.
Lefevere, currently President, Air Products Asia, will become Group President, Americas, overseeing specified Americas gas businesses, equipment businesses and Global HyCO Project Delivery. Maione, currently President, Americas, Helium and Rare Gases, will become Group President, EMEA and Asia, overseeing operations across Asia, Europe, Africa, the Middle East and India, plus Helium and Rare Gases and Global Air Separation Unit and Standard Plant Solutions Project Delivery. Both portfolios include relevant joint venture interests. Both executives will continue reporting to Chief Executive Officer Eduardo Menezes.
Air Products (APD) declared a quarterly dividend of $1.81 per share of common stock, payable on February 8, 2027. Shareholders of record at the close of business on January 4, 2027 will be eligible for the payment.
Air Products (NYSE: APD) will showcase gas technologies at FABTECH 2026, held October 21-23 at the Las Vegas Convention Center. The display will cover laser cutting, 3D printing and welding. Application specialists at booth #C4249 will discuss gas selection and supply options, ranging from cylinders and microbulk systems to bulk supply and gas management.
Air Products (NYSE: APD) has concluded a definitive agreement with PG Cold Energy 1 to develop an industrial gas facility in Malaysia. The counterparty is a joint venture led by PETRONAS Gas Berhad and DIALOG Group through their subsidiaries. Air Products will design, build and operate the LNG-based air separation unit, which separates air into industrial gases, at the Pengerang LNG regasification terminal in Johor.
The facility will produce more than 600 tonnes per day of liquid oxygen, nitrogen and argon and is expected to come onstream by early 2027. It will supply the merchant market in Southern and Central Malaysia, expanding Air Products' production capabilities there. The company expects the plant's use of cold energy from liquefied natural gas regasification to improve energy efficiency and reduce production-related emissions. The project marks its fifth LNG-based air separation unit in Asia.
Air Products (APD) will hold its fiscal 2026 fourth quarter earnings conference call on November 5, 2026, at 8:00 a.m. ET. The public and media can listen by telephone or Internet broadcast. Broadcast slides and an Internet replay will be available on the Event Details page of its Investor Relations website.
Air Products (APD) signed a long-term agreement with a leading semiconductor manufacturer to supply high-purity industrial gases and infrastructure for a major U.S. plant and production expansion.
The company will invest approximately $250 million in Arizona to build, own and operate new gas supply infrastructure for the customer's semiconductor manufacturing and advanced packaging operations. This contract is the second recent semiconductor supply win, bringing Air Products' combined investment for the two projects to more than $900 million. Supply of hydrogen, helium and carbon dioxide is targeted to come onstream in phases.
Air Products (APD) will showcase industrial gas supply, glass melting, and process technologies at the 87th Conference on Glass Problems in Toledo, Ohio, from September 14-17. The company will feature oxygen enrichment, oxy-fuel combustion, waste heat recovery, and smart technologies aimed at increasing glass production, reducing fuel use, improving quality, and cutting emissions.
Air Products will host an exhibit and hospitality event on September 14-15 at the Renaissance Toledo Downtown Hotel, where specialists will discuss operational challenges with glass manufacturers.
Air Products (NYSE: APD) reported fiscal 2026 third quarter GAAP results with an operating loss of $2.1 billion and a GAAP loss per share of $6.47, driven by approximately $2.9 billion pre-tax business and asset action charges tied to previously announced project exits.
On a non-GAAP basis, adjusted operating income was $810 million, up 9%, with adjusted operating margin of 25.6% up 110 basis points. Adjusted EPS rose 12% to $3.47, exceeding the top end of guidance. Sales grew 5% year-over-year to $3.2 billion, mainly from higher volumes and favorable currency. By segment, Americas, Asia and Europe all posted higher operating income, with Asia operating margin improving 210 basis points. Equity affiliates' income reached $205.2 million in the quarter, including $101 million from Middle East and India affiliates.
Air Products raised its fiscal 2026 full-year adjusted EPS guidance to $13.39–$13.49 and now expects about $3.5 billion in fiscal 2026 capital expenditures. The company highlighted a long-term electronics supply agreement in Taiwan, the decision not to proceed with the Louisiana Clean Energy Complex and certain U.S. hydrogen projects, and a finalized renewable ammonia marketing and distribution agreement with Yara for product from the NEOM Green Hydrogen Project.
Air Products (NYSE: APD) announced that its Board of Directors has declared a quarterly dividend of $1.81 per share on its common stock. The dividend will be paid on November 9, 2026 to shareholders of record as of the close of business on October 1, 2026.
Air Products (NYSE: APD) reported that its subsidiary Air Products San Fu has been awarded a long-term agreement to supply industrial gases for a semiconductor manufacturer's expansion in Taiwan. The project will serve multiple new semiconductor fabs and back-end packaging facilities, driven by demand from artificial intelligence and high-performance computing.
Air Products San Fu will build, own, and operate four large air separation units and bulk gas systems, plus new underground pipelines connected to the company’s existing Taiwan pipeline network. According to Air Products, this enhances supply reliability and strengthens its integrated footprint across front-end manufacturing and advanced packaging in Taiwan.