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Air Products Files Investor Presentation Highlighting Successful Two-Pillar Strategy to Deliver Superior Shareholder Value
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2024 Annual Report
Generating a Cleaner Future
(Excerpted from Seifi Ghasemi’s 2024 Shareholder Letter):
Ten years ago, we set a goal for Air Products to be the safest, most diverse and most profitable industrial gas company in the world by delivering excellent service to our customers, who rely on us every day.
Thanks to the outstanding efforts of our talented, dedicated and committed employees, I am very proud to say that we are the safest and the most profitable industrial gas company globally, and we continue to achieve what we have set out to do.
Sale of LNG Business Completed
Air Products has completed the sale of its liquefied natural gas (LNG) process technology and equipment business to Honeywell for $1.81 billion in cash. The strategic divestiture reflects Air Products’ firm focus on its two-pillar growth strategy to profitably grow its core industrial gases and related equipment businesses, and to deliver clean hydrogen at scale.
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15-Year Supply Deal Signed for Green Hydrogen to Decarbonize TotalEnergies' European Refineries
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.
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Formation of Management Board
Air Products has formed a Management Board that brings together talented senior leadership across the globe to execute the Company’s two-pillar growth strategy: to optimize and grow Air Products’ core industrial gases business while advancing the energy transition through clean hydrogen.
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Flexible, fully-integrated, compact systems delivering uninterrupted, low cost, efficient gas supply
Air Products Express Services (APEX) can provide safe, reliable and fast temporary gas supply for short-term and emergency needs.
Learn how you can utilize hydrogen, and carbon capture and sequestration to decarbonize your operations.
Gasification converts fossil or biomass based hydrocarbons into syngas for making various downstream derivatives.
Learn how Air Products applies hydrogen fueling solutions to a variety of industries and applications, like hydrogen trucks, hydrogen cars, and more.
HYDROGEN MEGAPROJECTS SUPPORTING ENERGY TRANSITION
Air Products’ clean energy complex in Eastern Louisiana will produce both blue hydrogen and blue ammonia.
Air Products’ net-zero hydrogen energy complex will produce clean hydrogen in Edmonton, Alberta, Canada.
Renewable energy facility in the Kingdom of Saudi Arabia will be the world’s largest green-hydrogen-based ammonia production facility.
Featured News
Looking for gas? Here's a quick way to find it.
When it comes to gases, we cover everything from argon to xenon and everything in between. Find what you need here or browse our industry or applications lists to find our full range of gases, equipment, and services.
Ar
Argon
Unique inerting properties to improve quality, optimize performance, and reduce costs.
CO₂
Carbon Dioxide
Benefit from carbon dioxide's inert properties, as well as its cooling and freezing abilities.
CO
Carbon Monoxide
Used in the production of chemicals ranging from acetic acid to polycarbonates to polyurethane intermediates.
He
Helium
As a gas for lifting, leak detection, shielding, its inert properties and as a liquid for cooling.
H₂
Hydrogen
Valued for its reactive and protective properties to improve quality, optimize performance and reduce costs.
N₂
Nitrogen
Widely used as a gas for its inert properties and a liquid for cooling and freezing.
O₂
Oxygen
Known primarily as a respiratory gas by the healthcare industry, but also used for combustion, oxidation, and fermentation.
Rare Gases
Neon, Krypton, and Xenon used in technical applications including the electronics industry.
Food Gases
From MAP cylinders to bulk liquid nitrogen, we can provide all the gases for your food processes.
Syngas
Providing turnkey solutions to convert hydrocarbon feedstock into synthesis gas for high-value products and power.