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) will participate in AISTech 2021 from June 29 to July 1 with a virtual booth showcasing its industrial gases and technologies for cost-effective steel production. Attendees can learn about improving efficiency and reducing costs in iron and steelmaking. For each registered attendee visiting the booth, Air Products will donate $100 to the AIST Foundation, up to $15,000. The company will also present a technical paper on BOF Bottom Stirring Technology. Air Products reported $8.9 billion in sales for fiscal 2020 and operates globally with a market cap of $65 billion.
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Air Products (NYSE:APD) and Baker Hughes (NYSE:BKR) have launched a strategic collaboration to enhance hydrogen compression technology, aiming to reduce production costs and promote hydrogen as a zero-carbon fuel. The partnership will leverage Baker Hughes' advanced compression and gas turbine technology for significant projects, including Air Products' net-zero hydrogen energy complex in Edmonton and the NEOM project in Saudi Arabia. This initiative aligns with global efforts to foster a sustainable hydrogen economy and achieve net-zero targets.
Air Products (NYSE: APD) and Baker Hughes (NYSE: BKR) announced a strategic partnership to develop advanced hydrogen compression technologies aimed at reducing production costs and promoting hydrogen as a zero-carbon fuel. Baker Hughes will supply critical technologies, including NovaLT16 turbines for Air Products' Alberta facility and advanced compression for the NEOM hydrogen project in Saudi Arabia. Both companies emphasize their commitment to supporting the energy transition towards net-zero emissions.
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Air Products (NYSE:APD) hosted a Day of Understanding on June 7, 2021, as part of its Week of Inclusion. This event featured discussions on diversity, inclusion, and belonging, highlighting the company's commitment to the CEO Action for Diversity and Inclusion. The theme focused on allyship, aiming to empower diverse groups and drive innovation. Air Products announced goals for 2025 to improve female representation to 28% and minority representation to 20% in professional roles in the U.S.
Air Products (NYSE:APD) announced that its Chairman, President, and CEO Seifi Ghasemi will present at Deutsche Bank's 12th Annual Global Basic Materials Conference on June 10, 2021, at 9:00 a.m. USET. A webcast will be accessible via Air Products' Investor Relations website. Established for 80 years, Air Products is a leader in industrial gases, generating $8.9 billion in sales in fiscal 2020, with a market cap of approximately $65 billion. The company focuses on energy, environment, and emerging markets, providing essential gases and solutions across various industries.
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Air Products (NYSE:APD) announced that Chairman, President and CEO Seifi Ghasemi will speak at the Bernstein 37th Annual Strategic Decisions Conference on June 3, 2021, at 2:30 p.m. USET. The event will be available as a webcast.
Air Products is a leader in industrial gases with fiscal 2020 sales of $8.9 billion and a market capitalization of $65 billion, operating in 50 countries.