Accessibility StatementSkip Navigation LEHIGH VALLEY, Pa., Sept. 5, 2025 /PRNewswire/ -- Air Products (NYSE:APD) today published its 2025 Sustainability Report. The report provides stakeholders with economic, environmental, and social performance data, in accordance with Global Reporting Initiative (GRI) standards. To view the complete 2025 Sustainability Report, visit Air Products' Sustainability website. About Air Products Cautionary Note Regarding Forward-Looking Statements This release contains "forward ...

Saudi Arabia's Sabic is slowing work on a potential IPO of its industrial gases business, sources say https://t.co/RO24qGKIIT ...

Core Insights - Air Products has launched a new air separation facility in Cleveland, Ohio, which is now operational and supplying customers [1] - The company is also reinvesting in the same location to extend the life of an existing air separation unit and liquefier plant [2] - The new facility enhances Air Products' strategic footprint in a significant merchant market while serving a major onsite customer [3] - Air Products has been operating in Cleveland since the 1960s, supplying a diverse range of industries [3] - The company reported fiscal 2024 sales of $12.1 billion and has a market capitalization exceeding $60 billion [5] Company Overview - Air Products is a leading global industrial gases company with over 80 years of operation [4] - The company focuses on serving energy, environmental, and emerging markets, contributing to a cleaner future [4] - Air Products supplies essential industrial gases and related equipment to various industries, including refining, chemicals, and healthcare [4] - The company is the leading global supplier of hydrogen and is involved in large clean hydrogen projects [4]

Air Products and Chemicals (NYSE: APD ) is one of the few companies which are left in the industrial gases industry after many years of consolidation. In 2016, Air Liquide ( OTCPK:AIQUF ) ( OTCPK:AIQUY ) acquired Airgas , and inI am a private investor, focused on long-term dividend growth investing. My investing career started more than 15 years ago. All companies I am investing in are analyzed thoroughly by myself before an investment decision is made. By writing articles on Seeking Alpha, I hope to inform ...

Core Insights - Air Products has successfully completed the first fill of the world's largest hydrogen sphere at NASA's Kennedy Space Center, which will be used for future Artemis missions to the Moon [1][2][3] Company Overview - Air Products is a leading industrial gases company with over 80 years of experience, focusing on energy, environmental, and emerging markets [5] - The company generated fiscal 2024 sales of $12.1 billion and operates in approximately 50 countries, with a market capitalization exceeding $60 billion [6] Historical Context - Air Products has a long-standing relationship with NASA dating back to 1957, supplying liquid hydrogen and other industrial gases for various space programs, including Apollo and Orion [3][4] Operational Highlights - The hydrogen fill for NASA involved over 50 trailer loads, totaling more than 730,000 gallons, demonstrating Air Products' capability to supply large-scale industrial gases safely and reliably [2][3] - The hydrogen sphere measures 90 feet tall and 83 feet in diameter, making it the largest liquid hydrogen tank in the world [2] Strategic Importance - Astronautic applications are a key business segment for Air Products, which is also involved in supporting privatized space launches and missions [4]

LEHIGH VALLEY, Pa., Aug. 20, 2025 /PRNewswire/ -- Air Products' (NYSE: APD) Board of Directors has elected Howard Ungerleider as a director of the Company, effective September 1, 2025. He will serve as a member of the Audit and Finance Committee. 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 an ...

Core Insights - The A-share market has shown strong performance, with the Shanghai Composite Index rising by 0.48% to 3683.46 points, marking a nearly four-year high [1] - The Shenzhen Component Index increased by 1.76%, and the ChiNext Index surged by 3.62%, both reaching new highs for the year [1] - The total market turnover reached 2.18 trillion yuan, an increase of 270 billion yuan compared to the previous trading day, surpassing 2 trillion yuan for the first time in 114 trading days [1] Sector Performance - Leading sectors included optical modules (CPO), copper industry, optical chips, and industrial gases, which saw significant gains [1] - AI hardware stocks continued to perform well, with companies like Industrial Fulian reaching historical highs [1] - Brokerage stocks experienced a brief surge, with Guosheng Financial Holdings achieving two consecutive trading limit ups [1] - Conversely, sectors such as coal, banking, ports, and logistics faced declines [1] - Over 2700 stocks in the market recorded gains [1]

Core Insights - Air Products has appointed Megan Britt as the new Vice President of Investor Relations, bringing nearly 25 years of experience in the field [1][2] - Britt's previous roles include leading Investor Relations at Archer-Daniels Midland, Tyson Foods, and Corteva Agriscience, along with finance and strategy positions at DuPont [1] - Air Products is focused on enhancing shareholder value through core capabilities, capital discipline, and productivity, with Britt's expertise expected to strengthen relationships with analysts and investors [2] Company Overview - Air Products is a leading industrial gases company with over 80 years of operation, serving energy, environmental, and emerging markets [3] - The company supplies essential industrial gases and related equipment to various industries, including refining, chemicals, metals, electronics, manufacturing, medical, and food [3] - Air Products is the leading global supplier of hydrogen and is involved in developing large-scale clean hydrogen projects to support the transition to low- and zero-carbon energy [3] Financial Performance - For fiscal 2024, Air Products reported sales of $12.1 billion from operations in approximately 50 countries [4] - The company has a current market capitalization exceeding $60 billion [4]

Core Insights - Linde reported revenue of $8.5 billion for the quarter ended June 2025, reflecting a year-over-year increase of 2.8% and surpassing the Zacks Consensus Estimate of $8.35 billion by 1.7% [1] - The company's EPS for the quarter was $4.09, an increase from $3.85 in the same quarter last year, also exceeding the consensus EPS estimate of $4.03 by 1.49% [1] Revenue Breakdown - Sales in the Americas reached $3.81 billion, slightly above the estimated $3.8 billion, marking a year-over-year increase of 4.3% [4] - EMEA sales were reported at $2.16 billion, exceeding the average estimate of $2.12 billion, with a year-over-year change of 3.4% [4] - Sales from Other regions totaled $315 million, slightly below the estimated $317.93 million, representing a year-over-year decline of 1.6% [4] - Engineering sales amounted to $551 million, compared to the average estimate of $567.47 million, showing a year-over-year increase of 1.3% [4] - APAC sales were reported at $1.66 billion, slightly above the estimated $1.62 billion, with a year-over-year change of -0.1% [4] Stock Performance - Linde's shares have returned -3.2% over the past month, contrasting with the Zacks S&P 500 composite's increase of 2.3% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Financial Data and Key Metrics Changes - Earnings per share (EPS) reached $4.9, marking an all-time quarterly high, with an operating margin of 30.1%, also a record [6][19] - Operating cash flows increased by 15%, and return on capital employed (ROCE) stood at 25.1%, leading the industry [6][19] - Sales for Q2 were $8.5 billion, a 3% increase year-over-year and a 5% sequential increase [16] Business Line Data and Key Metrics Changes - The sale of gas project backlog grew from $3.6 billion to $7.1 billion over four years, with the number of projects increasing from 33 to 70 [9] - Operating profit for the quarter was $2.6 billion, a 6% increase year-over-year, with a 30.1% operating margin, up 80 basis points [19] - Volumes decreased by 1% year-over-year, primarily due to weaker base volumes in EMEA, despite contributions from the project backlog [18] Market Data and Key Metrics Changes - In The Americas, volumes are expected to be flat or slightly up, driven by resilient end markets, while Western Europe is anticipated to see a decline in demand [26][30] - Asia presents a mixed outlook, with India showing strong growth while China remains flat due to weaker metals and chemicals [32][34] - The overall trend indicates low to mid-single-digit growth in resilient end markets, offset by declines in the industrial sector, particularly in EMEA [34] Company Strategy and Development Direction - The company emphasizes disciplined project backlog management, focusing on high-quality contracts with fixed fees [8] - Investments in clean energy projects are highlighted, with a total of approximately $5 billion in low carbon contracts [10] - The company plans to continue its strategy of base volume growth through annual CapEx exceeding $1 billion [12] Management's Comments on Operating Environment and Future Outlook - Management remains cautious about the economic environment, particularly in Europe, where no immediate catalysts for improvement are seen [30][31] - The company expects to maintain positive pricing despite macroeconomic challenges, with a historical track record of achieving positive pricing through cycles [36] - Future growth is anticipated from the space sector, with significant investments planned to support this market [70][71] Other Important Information - The company issued bonds totaling CHF 5 billion with an average yield of less than 1%, indicating strong access to low-cost capital [21] - The guidance for Q3 EPS is projected to be between $4.1 and $4.2, reflecting a cautious outlook amid economic uncertainty [22][23] Q&A Session Summary Question: Insights on global business conditions - Management provided a geographical overview, indicating flat volumes in The Americas, a decline in Europe, and mixed signals from Asia, with India showing growth potential [26][30][32] Question: Risks of future price increases - Management expressed confidence in maintaining positive pricing, citing historical performance and alignment with global inflation trends, except for challenges in China [36][38] Question: Margin performance in The Americas - Management noted that margin performance can vary by quarter, with expectations for continued improvement in margins across segments [41][44] Question: Customer appetite for new projects - Management remains optimistic about maintaining a backlog above $7 billion, supported by ongoing project starts and a healthy pipeline [48] Question: EBIT growth in Europe - Management attributed EBIT growth to favorable currency effects and pricing opportunities, despite negative volume trends [53][54] Question: Long-term outlook for Europe - Management acknowledged short-term challenges in Europe but highlighted potential long-term improvements driven by infrastructure investments and recovery efforts [61][65] Question: Growth potential in the space sector - Management emphasized significant growth opportunities in the space sector, with substantial investments planned to support this market [70][71] Question: Energy transition investments - Management expects continued demand for low carbon products, with a focus on economically viable projects moving forward [93][95]