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US0091581068
State: 17.08.2024 | 11PM
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FIGI: BBG000BC4JJ4
APD

Air Products and Chemicals, Inc.
GICS: 15101040 · Sector: Basic Materials · Sub-Sector: Specialty Chemicals
NAME
Air Products and Chemicals, Inc.
ISIN
US0091581068
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APD
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APD.N
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APD US
Thu, 21.11.2024       Air Products & Chemicals

LEHIGH VALLEY, Pa., Nov. 21, 2024 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) today declared a quarterly dividend of $1.77 per share of common stock. The dividend is payable on February 10, 2025 to shareholders of record at the close of business on January 2, 2025.

About Air Products

Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global supplier of hydrogen, Air Products also develops, engineers, builds, owns and operates some of the world's largest clean hydrogen projects, supporting the transition to low- and zero-carbon energy in the industrial and heavy-duty transportation sectors. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products & Chemicals
Tue, 19.11.2024       Air Products & Chemicals

LEHIGH VALLEY, Pa., Nov. 19, 2024 /PRNewswire/ -- Air Products (NYSE:APD) today issued the following statement regarding the nomination of director candidates by Mantle Ridge for election to the Air Products Board of Directors at the Company's 2025 Annual Meeting:

Air Products' Board of Directors has received Mantle Ridge's nomination notice and director nominees. The Board will present its formal recommendation regarding director nominees in the Company's proxy materials to be filed with the Securities and Exchange Commission in due course. Air Products shareholders are not required to take any action at this time.

Air Products & Chemicals
Mon, 18.11.2024       Air Products & Chemicals

Bob Patel and Alfred Stern, seasoned executives with experience leading major publicly listed industrial companies, to stand for election at Air Products' 2025 Annual Meeting of ShareholdersPatel, former Chief Executive Officer (CEO) of W.R. Grace and LyondellBasell and former President of Standard Industries, brings 35 years of global chemicals and materials industry experience in senior manufacturing, commercial, and management roles, and on public company boards, with extensive experience leading large-scale, global company transformationsStern, CEO and Executive Board Chairman of the OMV Group, Supervisory Board Chairman of OMV Petrom, and former CEO of Borealis, has 29 years of proven experience in leading and transforming global energy and chemicals companies and leading international multi-billion-dollar projects
Air Products & Chemicals
Thu, 07.11.2024       Air Products & Chemicals

Fiscal Year 2024 (comparisons versus prior year):

GAAP EPS# of $17.24, up 67 percent; GAAP net income of $3.9 billion, up 65 percent; and GAAP net income margin of 31.9 percent, up 1,330 basis pointsAdjusted EPS* of $12.43, up eight percent; adjusted EBITDA* of $5.0 billion, up seven percent; and adjusted EBITDA margin* of 41.7 percent, up 440 basis points

Q4 FY24 (comparisons versus prior year):

GAAP EPS# of $8.81, up 186 percent; GAAP net income of $2.0 billion, up 181 percent; and GAAP net income margin of 61.2 percent, up 3,940 basis pointsAdjusted EPS* of $3.56, up 13 percent; adjusted EBITDA* of $1.4 billion, up 12 percent; and adjusted EBITDA margin* of 44.1 percent, up 460 basis points
Air Products & Chemicals
Mon, 14.10.2024       Air Products & Chemicals

LEHIGH VALLEY, Pa., Oct. 14, 2024 /PRNewswire/ -- Air Products (NYSE:APD) will release its fiscal 2024 fourth quarter financial results prior to market open on Thursday, November 7, 2024 and will review these results in a teleconference at 8:30 a.m. ET. The teleconference will be open to the public and the media in listen-only mode by telephone and Internet broadcast.

Live teleconference:  773-305-6853Passcode: 9129758Internet broadcast/slides: Available on the Event Details page on Air Products' Investor Relations website. Internet replay: Available on the Event Details page on Air Products' Investor Relations website.

Air Products & Chemicals
Thu, 10.10.2024       Air Products & Chemicals

Reiterates the Need for the Board to Engage in Proper Succession Planning and Insist on a More Rigorous Capital Allocation Policy

NEW YORK, Oct. 10, 2024 /PRNewswire/ -- The D. E. Shaw group, a global investment and technology development firm with more than $60 billion in investment capital and a history of working with companies to help build long-term value, today sent an open letter to the Board of Directors of Air Products and Chemicals, Inc. (NYSE: APD) (the "Company" or "APD") calling for changes aimed at addressing the longstanding underperformance in its shares and deficiencies in its governance and capital allocation policies. Funds advised by D. E. Shaw & Co., L.P. are shareholders of APD and currently hold a significant economic position in the Company.

Air Products & Chemicals
Mon, 30.09.2024       Air Products & Chemicals

Strategic divestiture reflects Air Products' commitment to its industrial gases and clean hydrogen growth strategyAll related assets, intellectual property, manufacturing capability, and personnel have successfully transferred to Honeywell

LEHIGH VALLEY, Pa., Sept. 30, 2024 /PRNewswire/ -- Air Products (NYSE: APD) today announced it has completed the sale of its liquefied natural gas (LNG) process technology and equipment business to Honeywell for $1.81 billion in cash. First announced in July 2024, closing conditions for the transaction have been fully met and regulatory approvals received.

Air Products & Chemicals
Wed, 28.08.2024       Air Products & Chemicals

TAIPEI, Taiwan , Aug. 28, 2024 /PRNewswire/ -- Air Products (NYSE: APD), a world-leading industrial gases company, today announced Air Products San Fu Co. Ltd. has signed a 10-year Power Purchase Agreement (PPA) for solar electricity with Tatung Forever Energy, a subsidiary of Tatung Company, one of Taiwan's leading conglomerates. The strategic renewable energy agreement underscores Air Products' long-term commitment to address climate change and support the decarbonization and sustainable development of Taiwan's industrial gases sector.

Air Products & Chemicals
Wed, 28.08.2024       Air Products & Chemicals

LEHIGH VALLEY, Pa., Aug. 28, 2024 /PRNewswire/ -- Air Products today announced that Sidd Manjeshwar, vice president, Investor Relations, will speak at Jefferies Industrials Conference on Wednesday, September 4, 2024 at 8:05 a.m. US ET.

Access to the session is available via Air Products' Investor Relations Event Details website.

About Air ProductsAir Products (NYSE: APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products' base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the world's largest clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products & Chemicals
Wed, 28.08.2024       Air Products & Chemicals

TAIPEI, Aug. 28, 2024 /PRNewswire/ -- Air Products (NYSE: APD), a world-leading industrial gases company, today announced Air Products San Fu Co. Ltd. has signed a 10-year Power Purchase Agreement (PPA) for solar electricity with Tatung Forever Energy, a subsidiary of Tatung Company, one of Taiwan's leading conglomerates. The strategic renewable energy agreement underscores Air Products' long-term commitment to address climate change and support the decarbonization and sustainable development of Taiwan's industrial gases sector.

Air Products & Chemicals
Mon, 22.07.2024       Air Products & Chemicals

Talented Senior Leadership Focused on Executing Company's Two-Pillar Growth Strategy, Delivering the Company's Next-Level of Success, and Generating a Cleaner Future

LEHIGH VALLEY, Pa., July 22, 2024 /PRNewswire/ -- Air Products (NYSE:APD) today announced the formation of a Management Board, effective immediately, bringing together talented senior leadership across the globe to execute the Company's two-pillar growth strategy. That strategy is to optimize and grow Air Products' core industrial gases business while advancing the energy transition through clean hydrogen.

Air Products & Chemicals
Thu, 18.07.2024       Air Products & Chemicals

LEHIGH VALLEY, Pa., July 18, 2024 /PRNewswire/ -- The Board of Directors of Air Products (NYSE: APD) today declared a quarterly dividend of $1.77 per share of common stock. The dividend is payable on November 12, 2024 to shareholders of record at the close of business on October 1, 2024.

About Air Products

Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products' base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the world's largest clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products & Chemicals
Wed, 17.07.2024       Air Products & Chemicals

New ASUs to Improve Productivity, Offer Sustainability Efficiencies and Operational Flexibility for Established and Growing Merchant Market

LEHIGH VALLEY, Pa., July 17, 2024 /PRNewswire/ -- Air Products (NYSE: APD), a world-leading industrial gases company, today announced two projects to enhance the sustainability, productivity, and operational flexibility of its base industrial gas business, as well as continuing commitment to the merchant industrial gas market. Air Products will construct two new air separation units (ASU) at its existing Conyers, Georgia and Reidsville, North Carolina locations. Both new ASUs will replace older units, provide additional capacity at the locations, and are projected to be onstream in 2026.

Air Products & Chemicals
Tue, 16.07.2024       Air Products & Chemicals

LEHIGH VALLEY, Pa., July 16, 2024 /PRNewswire/ -- Air Products (NYSE:APD) today announced that Eric Guter will assume the role of Vice President, Investor Relations effective September 30, 2024 succeeding Sidd Manjeshwar who will be leaving the Company to pursue other opportunities.

The two will work closely together over the coming months to ensure a smooth and seamless transition of the Company's Investor Relations responsibilities. Guter will report to Melissa Schaeffer, Air Products' Chief Financial Officer.

Air Products & Chemicals
Mon, 15.07.2024       Air Products & Chemicals

LEHIGH VALLEY, Pa., July 15, 2024 /PRNewswire/ -- Air Products (NYSE: APD), a leading global industrial gases company and world-leader in hydrogen supply, has been awarded an  'A' rating on MSCI's environmental, social and governance (ESG) Ratings.

The 'A' rating by MSCI was based on Air Products' improvements in its carbon management strategy, including carbon capture efforts, its announced goal to reach net-zero carbon emissions from operations by 2050, and other sustainability initiatives. In its review, MSCI rated Air Products an ESG leader in its industry in two categories: clean tech, and safety and health.

Air Products & Chemicals
Wed, 10.07.2024       Air Products & Chemicals

Acquisition will build on Honeywell's energy transition capabilities by creating an end-to-end offering for customers worldwideThe combination will create new opportunities for diversified growth and innovation in aftermarket services and software Transaction is expected to be immediately accretive to Honeywell's sales growth and segment margin while also accretive to adjusted EPS in the first full year of ownershipAir Products to continue its focus on its industrial gas business and related technology and equipment and driving the energy transition through clean hydrogen at scale
Air Products & Chemicals
Mon, 01.07.2024       Air Products & Chemicals

LEHIGH VALLEY, Pa., July 1, 2024 /PRNewswire/ -- Air Products (NYSE:APD) will release its fiscal 2024 third quarter financial results prior to market open on Thursday, August 1, 2024 and will review these results in a teleconference at 8:30 a.m. ET. The teleconference will be open to the public and the media in listen-only mode by telephone and Internet broadcast.

Live teleconference: 773-305-6867Passcode: 2796775Internet broadcast/slides: Available on the Event Details page on Air Products' Investor Relations website.

Air Products & Chemicals
Tue, 25.06.2024       Air Products & Chemicals

Expansion Driven by Growing Interest in Energy Transition Technologies in the Biogas, Aerospace and Marine Industries 

LEHIGH VALLEY, Pa., June 25, 2024 /PRNewswire/ -- Air Products (NYSE:APD), the global leader in the production of gas separation and purification membranes, today hosted a groundbreaking event at the site of a $70 million expansion of its Missouri Manufacturing and Logistics Center in Maryland Heights, near St. Louis, Missouri.

The investment, which is Air Products Membrane Solutions' largest ever, is driven by growing product demand in biogas and hydrogen recovery applications, as well as customer needs for the use of nitrogen for the aerospace industry and cleaner fuels for the marine industry.

Air Products & Chemicals
Thu, 13.06.2024       Air Products & Chemicals

LEHIGH VALLEY, Pa., June 13, 2024 /PRNewswire/ -- Air Products (NYSE:APD) will showcase industrial gas solutions and technologies for metals and materials processing applications at the PowderMet2024 International Conference on Powder Metallurgy and Particulate Materials from June 16-19 at the David L. Lawrence Convention Center in Pittsburgh, Pennsylvania.

Those attending are invited to stop by Air Products' booth #308 to speak with an industry specialist and learn how Air Products' industrial gases, technologies, and supply solutions can help metal processors improve product quality, reduce operating costs, increase production and optimize gas usage. Air Products' Smart Technology intelligent systems can help take the guesswork out of sintering, annealing, brazing, hot isostatic pressing, metal injection molding and 3D printing. 

Air Products & Chemicals
Fri, 07.06.2024       Air Products & Chemicals

PARIS, June 7, 2024 /PRNewswire/ -- TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tons of green hydrogen starting in 2030. This first long-term deal follows TotalEnergies' call for tenders for the supply of 500,000 tons per year of green hydrogen to decarbonize TotalEnergies' European refineries.

Under the agreement, Air Products will deliver at TotalEnergies' Northern European refineries' doorstep, green hydrogen from Air Products' global supply network. This hydrogen will avoid around 700,000 tons of CO2 each year. The contract awarded to Air Products is a first step towards achieving TotalEnergies' objective of reducing net greenhouse gas emissions from its operated oil and gas operations (Scope 1+2) by 40% by 2030 compared to 2015 levels.

Air Products & Chemicals

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