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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), 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.
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