Air Products and Chemicals Inc - Company Profile
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Business Description
Air Products and Chemicals Inc (Air Products) offers process and atmospheric gases, and related equipment for manufacturing markets including metals, electronics, refining and petrochemical, and food and beverage markets. It also supplies LNG process technology and equipment.
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R&D Overview
Air Products focuses on technology development through R&D, engineering, and commercial production processes. The company’s R&D focuses on building innovative culture, operational excellence and commitment to safety and environment. In line with this approach, the company pursues a market-oriented approach to technology development through research and development, engineering, and commercial development processes. It conducts R&D in its laboratories located in the US, the UK, Spain, China, and Saudi Arabia, and collaborates with major universities and undertakes research funded by others, including the US government. The R&D units of Air Products are located in Allentown, Pennsylvania; Basingstoke and Carrington, the UK; Barcelona, Spain; Shanghai, China; and Dhahran, Saudi Arabia. These units are responsible for managing the company's R&D activities, focusing on the development of technology for use within the Industrial Gases business. In FY2024, the company spent US$100.2 million on R&D, which as a percentage of revenue, stood at 0.8 % and decreased 5% YoY. As of September 2024, the company has approximately 600 US patents and approximately 3,200 foreign patents.
Business Segments
- Industrial Gases- Americas
- Industrial Gases- Asia
- Industrial Gases- Europe
- Industrial Gases- Middle East and India
Overview
It produces and sells atmospheric gases such as oxygen, nitrogen, and argon. It also processes gases such as hydrogen, carbon monoxide, helium, syngas, and specialty gases. It also offers equipment such as air separation units and non-cryogenic generators for the production and processing of gases. Serves customers in refining, chemical, gasification, metals, electronics, manufacturing, and food and beverage industries. Operates pipeline systems in the China, South Korea, Taiwan, Malaysia, Singapore, and Indonesia. Management and sales support is based in Shanghai, China, and Kuala Lumpur, Malaysia; and 35 leased office locations throughout the region.
Performance
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Overview
Produces and sells atmospheric gases such as oxygen, nitrogen, and argon. It also processes gases such as hydrogen, carbon monoxide, helium, syngas, and specialty gases. It serves customers in sectors such as refining, chemical, gasification, metals, electronics, manufacturing, and food and beverage industries. It has property rights and permits for the ongoing pipeline systems operation in China, South Korea, Taiwan, Malaysia, Singapore, and Indonesia. Operates management and sales support offices in Shanghai, China; Kuala Lumpur, Malaysia, and 30 leased offices throughout the region.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Produces and sells atmospheric gases such as oxygen, nitrogen, and argon. It also processes gases such as hydrogen, carbon monoxide, helium, syngas, and specialty gases. It serves customers in diverse sectors including refining, chemical, gasification, metals, electronics, manufacturing, and food and beverage industries. It has property rights and permits for the pipeline systems operation in the Netherlands, the UK, Belgium, France, and Germany. Operates management and sales support offices in Hersham, England; Barcelona, Spain; 15 leased regional office sites; and 15 leased local office sites throughout the region.
Performance
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Overview
It includes atmospheric sale of equipment businesses such as air separation units and non-cryogenic generators. It serves customers operating in chemical and petrochemical production, steel and primary metal processing, and oil and gas recovery and processing industries. Operates management and sales support offices in Dhahran, Saudi Arabia; Dubai, the UAE; and Pune, India, and ten leased local offices throughout the region.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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