Air Prods & Chems Inc Stock Price, News & Analysis

Bioceres Crop Solutions (NASDAQ: BIOX) announced significant changes to its Board of Directors effective June 24, 2025. Noah Kolatch, Principal at Jasper Lake LLC, and Scott Crocco, former CFO of Air Products & Chemicals, will join the board. Gloria Montaron Estrada and Keith McGovern will step down from their director positions. Additionally, CFO Enrique Lopez Lecube will rotate off the board, to be replaced by CCO Milen Marinov. These changes coincide with amendments to note purchase agreements with various investors, including Jasper Lake Ventures One LLC and Solel-Bioceres SPV, L.P. The company highlighted the incoming directors' expertise in investment, finance, and operations, while acknowledging the contributions of departing board members in areas such as legal strategy and operational excellence.

Air Products (NYSE:APD) will showcase its industrial gas solutions and technologies at PowderMet2025, taking place June 15-18 in Phoenix, Arizona. The company will demonstrate how its industrial gases, technologies, and Smart Technology intelligent systems can enhance metal processing operations, including sintering, annealing, brazing, hot isostatic pressing, metal injection molding, and 3D printing. Air Products' Senior Engineer Reed Hendershot will present a technical session on improving sintering atmosphere and process. With over 50 years of experience, Air Products provides industrial gases like nitrogen, oxygen, argon, helium, and hydrogen, along with equipment and technical expertise to metals processors worldwide.

Air Products (NYSE:APD) announced that CEO Eduardo Menezes will be presenting at Deutsche Bank's 16th Annual Global Industrials & Materials Conference. The presentation is scheduled for Wednesday, June 4, 2025 at 8:00 a.m. USET. Investors and interested parties can access an audio webcast of the session through Air Products' Investor Relations Event Details website.

Air Products (NYSE:APD) has announced its latest quarterly dividend declaration. The company's Board of Directors has approved a dividend payment of $1.79 per share of common stock. This dividend will be distributed to shareholders who are on record as of July 1, 2025, with the payment scheduled for August 11, 2025. This regular dividend declaration demonstrates Air Products' continued commitment to providing returns to its shareholders through consistent dividend payments.

Air Products (NYSE: APD) reported Q2 FY25 results with a GAAP loss per share of $7.77 and net loss of $1.7 billion, primarily due to a $2.3 billion after-tax charge for strategic business exits and cost reduction initiatives. Adjusted EPS was $2.69, down 6% year-over-year, while adjusted EBITDA reached $1.2 billion, declining 3%. The company announced significant leadership changes, with Eduardo F. Menezes appointed as CEO. Air Products is exiting three U.S. projects and implementing a global cost reduction plan. Q2 sales remained flat at $2.9 billion, with higher energy cost pass-through and pricing offset by lower volumes and unfavorable currency. The company revised its FY25 adjusted EPS guidance to $11.85-$12.15 and expects capital expenditures of approximately $5 billion.

Air Products (NYSE:APD) has announced it will host a conference call to discuss its fiscal 2025 second quarter financial results on Thursday, May 1, 2025, at 8:00 a.m. ET. The teleconference will be accessible to the public and media in listen-only mode via telephone and Internet broadcast. Participants can join the live teleconference using the number 773-305-6865 with passcode 7519932. The presentation slides and broadcast will be available on the company's Investor Relations website, with a replay option accessible after the event.

Air Products (NYSE: APD) will showcase its Freshline® Smart Technology and food freezing solutions at Seafood Expo North America in Boston from March 16-18, 2025. The company's smart technology enables remote monitoring of food manufacturing equipment, offering real-time data tracking for optimized processes and performance.

The showcase will feature the Freshline® IQ Freezer, a modular freezing system that delivers high throughput while requiring minimal space. When combined with Smart Technology, the system allows remote troubleshooting capabilities.

Air Products' solutions utilize liquid nitrogen and carbon dioxide for food freezing and chilling, enabling products to be processed in minutes rather than hours. The company operates a food testing facility in Allentown, Pa., where customers can evaluate cryogenic technology benefits before making capital investments. With over 60 years of industry experience, Air Products serves both large manufacturers and small food processors.

Air Products (NYSE: APD) has announced its exit from three U.S. projects following a review by its newly-elected Board and CEO. The company expects to record a pre-tax charge up to $3.1 billion in Q2 fiscal 2025 for asset write-downs and contract terminations. The affected projects include:

1. World Energy's Sustainable Aviation Fuel expansion in California, terminated due to challenging commercial aspects
2. Massena green liquid hydrogen facility in New York, cancelled due to regulatory changes affecting hydroelectric power eligibility for tax credits and slow market development
3. A Texas carbon monoxide production project, terminated due to unfavorable economics

The company's major projects continue to progress, with the NEOM green hydrogen project in Saudi Arabia at 80% completion (expected completion: late 2026) and the Louisiana Clean Energy Complex on track for 2028 startup, with ongoing discussions for potential equity partners.

Air Products (NYSE:APD) will showcase its industrial decarbonization solutions at POWERGEN International in Dallas from February 11-13, 2025. As the world's largest hydrogen supplier, the company will demonstrate how its industrial gases can help the power industry achieve decarbonization goals.

At booth #1435, Air Products will present solutions for replacing or blending natural gas with low-carbon intensity hydrogen, utilizing oxygen for improved combustion efficiency, and implementing carbon capture solutions. The company will feature two key presentations: one focusing on hydrogen burner and boiler trials, which have demonstrated stable 100% hydrogen combustion capabilities, and another discussing hydrogen's role in enhancing microgrid resilience as a reliable load-balancer for renewable energy systems.