Air Products and Chemicals

Air Products and Chemicals, Inc. (NYSE: APD) is a global industrial gases company headquartered in Allentown, Pennsylvania. Founded in 1940 by Leonard Parker Pool, Air Products has grown to become a leading supplier of industrial gases, specialty gases, performance materials, and related equipment and services to a diverse range of industries including healthcare, energy, technology, and manufacturing.

Air Products' product portfolio includes:

• Industrial gases such as oxygen, nitrogen, argon, hydrogen, and helium

• Specialty gases for electronics and other industries

• Performance materials like epoxy additives and polyurethane catalysts

• Gas processing and purification equipment

• Engineering and plant operation services

The company operates in over 50 countries and employs approximately 23,000 people worldwide. Air Products has a strong focus on sustainability and the energy transition, with major projects underway in clean hydrogen production and carbon capture. In fiscal year 2023, the company reported adjusted earnings per share of USD 11.51, a 12% increase over the previous year.

Air Products continues to invest in growth opportunities, particularly in clean energy. Recent developments include plans for a green hydrogen production facility in Texas, a green energy import terminal in Germany, and a USD 8.4 billion green hydrogen-based ammonia production facility in Saudi Arabia. The company has increased its dividend for 41 consecutive years, returning approximately USD 1.5 billion to shareholders through dividends in fiscal 2023.