Air Products and Chemicals, Inc. (APD) announced a significant investment exceeding $70 million to expand its manufacturing and logistics center in Maryland Heights, near St. Louis, MO. This investment, the largest ever for Air Products Membrane Solutions, is driven by increasing demand for its products in biogas and hydrogen recovery and the aerospace industry's need for nitrogen and the marine industry's push for cleaner fuels. The company expressed enthusiasm about the expansion, stating that it will sig ...

Expansion Driven by Growing Interest in Energy Transition Technologies in the Biogas, Aerospace and Marine Industries LEHIGH VALLEY, Pa., May 23, 2024 /PRNewswire/ -- Air Products (NYSE:APD), the global leader in the production of gas separation and purification membranes, today announced it will invest more than $70 million to significantly expand its manufacturing and logistics center in Maryland Heights, near St. Louis, Missouri. The investment, which is Air Products Membrane Solutions' largest ever, is ...

While determining which hydrogen stocks to buy provides an intriguing opportunity, investors must have the patience to strike gold. Hydrogen is a fantastic idea but is underutilized in the automobile industry, long-haul freight, and even utility- scale projects. That makes it tough to create a large-scale business, which is what would be necessary to drive explosive growth. Nonetheless, the market saw some unusual trading patterns recently, and shares of companies surged as investors returned to riskier ass ...

Experts agree that hydrogen will impact reducing the world’s carbon emissions. Specifically, green hydrogen, made using electricity generated by renewable fuels, will power multiple industries over the longer term. Steelmaking, aviation and shipping are among the sectors likely to intensively utilize green hydrogen. Meanwhile, many countries are developing multiple, large-scale hydrogen projects. Germany intends to build 20 major hydrogen-fueled power plants. Additionally, nine of the world’s ten largest ca ...

Air Products and Chemicals, Inc.’s (APD) shares have popped 15% over the past three months. The company has also outperformed its industry’s rise of 10.2% over the same time frame. It has also topped the S&P 500’s roughly 6.6% rise over the same period. Let’s take a look into the factors that are driving this Zacks Rank #3 (Hold) company. Image Source: Zacks Investment Research ...

Bjoern Wylezich Shares of Air Products and Chemicals (NYSE:APD) have been a disappointing performer over the past year, over concerns about the capital intensity of its growth projects, alongside mixed results, though we did see an improvement in operating performance last quarter. I last covered Air Products in November, rating shares a buy, and unfortunately since that recommendation, APD has missed out on the market’s 21% rally, rising just 3%. This company has turned into a “show me” story given large p ...

LEHIGH VALLEY, Pa., May 17, 2024 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) today declared a quarterly dividend of $1.77 per share of common stock. The dividend is payable on August 12, 2024 to shareholders of record at the close of business on July 1, 2024. About Air Products 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. The Company has two growth pillars driven by sus ...

LEHIGH VALLEY, Pa., May 16, 2024 /PRNewswire/ -- Air Products today announced that Sidd Manjeshwar, vice president, Investor Relations, will speak during TD Cowen's Sustainability Week on Thursday, May 23, 2024 at 11:45 a.m. USET. Access to the session is available via Air Products' Investor Relations Event Details website. About Air Products 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. The ...

Air Products will Showcase its Hydrogen Solutions for the Heavy-Duty Trucking Industry at the Expo LEHIGH VALLEY, Pa., May 15, 2024 /PRNewswire/ -- Air Products' (NYSE:APD) Eric Guter, Global Vice President, Hydrogen, will provide a keynote address, titled "Preparing for a Zero-Emission Trucking Future," at 12:30 p.m. PT on Monday, May 20 at the Advanced Clean Transportation (ACT) Expo in Las Vegas, Nevada at the Las Vegas Convention Center. "Clean hydrogen is the solution to decarbonizing hard-to-abate sec ...

Air Products and Chemicals Inc. (APD) recently launched the new PRISM GreenSep liquefied natural gas ("LNG") membrane separator for bio-LNG production. This cutting-edge technology has been designed to increase LNG yield while lowering operational costs and promoting the objective of creating a safer, greener and more productive world. PRISM GreenSep LNG membrane separators eliminate the requirement for intermediate purification technologies such as amine scrubbing or thermal swing adsorption during bio-LNG ...