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Air Products & Chemicals

Air Products & Chemicals

Air Products and Chemicals, Inc. is an American international corporation whose principal business is selling gases and chemicals for industrial uses. Air Products' headquarters is in Allentown, Pennsylvania, in the Lehigh Valley region of Pennsylvania, in the United States. Air Products is the Lehigh Valley's third largest employer, after Lehigh Valley Hospital and St. Luke's Hospital. Leonard P. Pool founded the company in 1940. Its French subsidiary, headquartered in Saint-Quentin-Fallavier, was the site of a terrorist attack on June 26, 2015.[3] Air Product's current CEO and Chairman is Sefi Ghasemi.

On September 17, 2015 Air Products announced its intent to spin off its Materials Technologies business.[4] This new stand alone company has been renamed Versum Materials.

Air Products and Chemicals, Inc
Public
Traded as
IndustryIndustrial gas,chemicals
FoundedDetroit, Michigan (1940)
FounderLeonard P. Pool
Headquarters7201 Hamilton Blvd.,Allentown, Pennsylvania, US
Worldwide
Seifi Ghasemi ** (CEO),(chairman]) and (president)**
Revenue
15,150[2](2017)
Websiteairproducts.com[13]

Products

Air Products serves customers in technology, energy, healthcare, food and industrial markets worldwide with atmospheric industrial gases (mainly oxygen, nitrogen, argon, hydrogen and carbon dioxide), process and specialty gases, performance materials and chemical intermediates.

Air Products produces semiconductor materials, refinery hydrogen, natural gas liquefaction (LNG) technology and equipment, epoxy additives, gas cabinets, advanced coatings and adhesives. It is also noted as addressing the hydrogen fuel cell economy through hydrogen fueling stations as well as its personal care chemicals business.

Air Products also provided the liquid hydrogen and liquid oxygen fuel for the Space Shuttle External Tank. Air Products has had a working relationship with NASA for 50 years and has supplied the liquid hydrogen used for every Space Shuttle launch and the Mercury and Apollo missions. [5]

In 2013, Air Products' high purity BIP (built-in purifier) argon was used to determine a more accurate value for the Boltzmann Constant.[6]

Environmental record

An Air Products van in Leeds, West Yorkshire.

An Air Products van in Leeds, West Yorkshire.

In 2010, Air Products was awarded the Rushlight Hydrogen and Fuel Cells industry award for the Series 10 hydrogen fuelling station.

The Rushlight Awards celebrate the leading environmental technologies and innovations by organizations throughout the UK and Ireland.

The purpose is to promote what is happening in the world of hydrogen and fuel cells to the public and enable further development and funding to be granted toward reducing carbon emissions.[7]

On January 15, 2004, Air Products (NYSE: APD) was named a Maplecroft Climate Innovation Indexes (CIIs) Leader, ranking 17th out of the 300 largest US companies evaluated for their climate-related innovation and carbon management programs.

Air Products is currently working on several preeminent carbon capture and storage demonstration projects around the world.[8]

Air Products was included on the Dow Jones Sustainability North America Index as one of the best performing sustainable companies for 2008/11. Only the top 20 percent of the 600 largest companies largest North American companies are selected for the DJSI North America Index.[9]

In 2001, Air Products Received an Award of Merit from the WateReuse Association for Outstanding Water Conservation Efforts for conserving 62 million US gallons (230,000 m3) of drinking water annually by converting to recycled water for the cooling process at the Santa Clara, California, manufacturing facility. The award was presented during the 25th Annual WateReuse Symposium. WRA recognizes projects that have advanced the acceptance of water reuse through education, sound science, and technology using reclamation, recycling, reuse, or desalination for the benefit of the public and the environment.[10]

Corporate responsibility

Air Products Headquarters.

Air Products Headquarters.

On March 4, 2010, Corporate Responsibility Magazine named Air Products to its 100 Best Corporate Citizens List.[11]

References

[1]
Citation Linkwww.sec.gov"AIR PRODUCTS & CHEMICALS INC 2015 Annual Report Form (10-K)" (XBRL). United States Securities and Exchange Commission. November 11, 2015.
Sep 29, 2019, 10:26 PM
[2]
Citation Linkfortune.com"Air Products & Chemicals". Fortune. Retrieved 2018-12-14.
Sep 29, 2019, 10:26 PM
[3]
Citation Linkwww.theguardian.comPeter Walker, Decapitated body and Islamist flag found in attack on factory in France, The Guardian, June 26, 2015
Sep 29, 2019, 10:26 PM
[4]
Citation Linkwww.airproducts.com"Air Products Announces Intent to Spin-Off Materials Technologies Business". www.airproducts.com. Retrieved 2016-01-25.
Sep 29, 2019, 10:26 PM
[5]
Citation Linkwww.nasa.govAir Products and NASA
Sep 29, 2019, 10:26 PM
[6]
Citation Link//doi.org/10.1088%2F0026-1394%2F50%2F4%2F354de Podesta, Michael; Underwood, Robin; et al. (11 July 2013). "A low-uncertainty measurement of the Boltzmann constant" (PDF). Metrologia. 50 (4): 354–375. doi:10.1088/0026-1394/50/4/354.
Sep 29, 2019, 10:26 PM
[7]
Citation Linkwww.airproducts.com[1]
Sep 29, 2019, 10:26 PM
[8]
Citation Linkwww.prnewswire.comAir Products Named a Maplecroft Climate Innovation Indexes (CIIs) Leader PR News
Sep 29, 2019, 10:26 PM
[9]
Citation Linkfinance.yahoo.comAir Products Named to the Dow Jones Sustainability North America Index Yahoo Finance September 10, 2010
Sep 29, 2019, 10:26 PM
[10]
Citation Linkwww.earthtimes.orgAir Products Receives Award of Merit from WateReuse Association for Outstanding Water Conservation Efforts Earth Times September 22, 2010
Sep 29, 2019, 10:26 PM
[11]
Citation Linkwww.prnewswire.comAir Products Named to 100 Best Corporate Citizens List for 2010 by Corporate Responsibility Magazine PR News
Sep 29, 2019, 10:26 PM
[12]
Citation Linkwww.nyse.comAPD
Sep 29, 2019, 10:26 PM
[13]
Citation Linkairproducts.comOfficial website
Sep 29, 2019, 10:26 PM
[14]
Citation Linkwww.google.comGoogle Finance
Sep 29, 2019, 10:26 PM
[15]
Citation Linkfinance.yahoo.comYahoo! Finance
Sep 29, 2019, 10:26 PM
[16]
Citation Linkwww.reuters.comReuters
Sep 29, 2019, 10:26 PM
[17]
Citation Linkwww.sec.govSEC filings
Sep 29, 2019, 10:26 PM
[25]
Citation Linkwww.researchgate.net"A low-uncertainty measurement of the Boltzmann constant"
Sep 29, 2019, 10:26 PM
[26]
Citation Linkdoi.org10.1088/0026-1394/50/4/354
Sep 29, 2019, 10:26 PM
[37]
Citation Linken.wikipedia.orgThe original version of this page is from Wikipedia, you can edit the page right here on Everipedia.Text is available under the Creative Commons Attribution-ShareAlike License.Additional terms may apply.See everipedia.org/everipedia-termsfor further details.Images/media credited individually (click the icon for details).
Sep 29, 2019, 10:26 PM