Last €85.35 EUR
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air products & chemicals inc (AP3) Snapshot

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03/5/14 - €88.94
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04/23/13 - €64.66
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air products & chemicals inc (AP3) Details

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, performance materials, equipment, and services worldwide. The company operates through four segments: Merchant Gases, Tonnage Gases, Electronics and Performance Materials, and Equipment and Energy. The Merchant Gases segment sells atmospheric gases, such as oxygen, nitrogen, and argon; process gases comprising hydrogen and helium and carbon dioxide; and medical and specialty gases for the metal, glass, chemical processing, food processing, healthcare, steel, general manufacturing, and petroleum and natural gas industries. The Tonnage Gases segment offers hydrogen, carbon monoxide, nitrogen, oxygen, and syngas to the energy production and refining, chemical, and metallurgical industries. The Electronics and Performance Materials segment provides nitrogen trifluoride, silane, arsine, phosphine, white ammonia, silicon tetrafluoride, carbon tetrafluoride, hexafluoromethane, critical etch gases, and tungsten hexafluoride; and tonnage gases, chemicals mechanical planarization slurries, specialty chemicals, and services and equipment for the manufacture of silicon and compound semiconductors, and thin film transistor liquid crystal displays. This segment also offers performance materials for a range of products, including coatings, inks, adhesives, civil engineering, personal care, institutional and industrial cleaning, mining, oil refining, and polyurethanes. The Equipment and Energy segment designs and manufactures cryogenic equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and helium distribution; and provides plant design, engineering, procurement, and construction management services for the chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing industries. Air Products and Chemicals, Inc. was founded in 1940 and is headquartered in Allentown, Pennsylvania.

21,300 Employees
Last Reported Date: 11/26/13
Founded in 1940

air products & chemicals inc (AP3) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $1.2M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $380.1K
Senior Vice President, General Manager of Glo...
Total Annual Compensation: $575.0K
Chief Administrative Officer, Chief Complianc...
Total Annual Compensation: $518.5K
Compensation as of Fiscal Year 2013.

air products & chemicals inc (AP3) Key Developments

Air Products Implements First-Ever Integrated Oxy-Fuel Combustion System for Water Glass Producer in Asia

Air Products recently implemented its integrated oxy-fuel combustion system for Oriental Silicas Corporation (OSC) in Taiwan. The system helps OSC improve product quality, reduce emissions, and increase productivity in its water glass (sodium silicate) lumps production process. The integrated oxy-fuel combustion system includes the supply of Cleanfire(R) HRi(TM) oxy-fuel burners, flow control skid and the recently started up 2500Nm(3) /hour PRISM(R) vacuum swing adsorption (VSA) oxygen generator. The PRISM VSA oxygen generator provides reliable oxygen using a technology which maximizes efficiency and significantly reduces energy requirements, making it an economical oxygen source. Air Products also provides oxy-fuel combustion system commissioning and related on-site consulting services to OSC.

Air Products and Chemicals Signs Pact to Build New Texas Hydrogen Plant, Shares Edge Up

Air Products and Chemicals announced it signed a long-term agreement with a subsidiary of Enterprise Products Partners to build a new hydrogen plant in Texas to produce 40 million standard cubic feet per day of hydrogen. Air Products announced that it would build, own and operate the facility, which will process an off-gas stream from a new propane dehydrogenation plan Enterprise is building in Mont Belvieu, Tex.

Air Products and Enterprise Products Operating LLC Expand Relationship with Hydrogen Off-Gas Processing agreement

Air Products announced a long-term agreement with Enterprise Products Operating LLC, a wholly-owned subsidiary of Enterprise Products Partners L.P., that will increase hydrogen supply for refinery and petrochemical customers connected to Air Products vast Gulf Coast Connection Pipeline system. Air Products will build, own, and operate a 40 million standard cubic feet per day (MMSCFD) hydrogen production facility to process a hydrogen-rich off-gas stream from a new propane dehydrogenation facility Enterprise is currently constructing in Mont Belvieu, Texas. The new PDH plant is scheduled to begin service in the third quarter of 2015. The new Air Products facility will use the company's pressure swing adsorption technology which is already in place at numerous other locations around the world.


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