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Air Products & Chemicals 

“Market Cap $25.4 B As of May 2014

At a Glance

  • Industry: Specialized Chemicals
  • Founded: 1940
  • Country: United States
  • CEO: John McGlade
  • Website: www.airproducts.com
  • Employees: 21,600
  • Sales: $10.16 B
  • Headquarters: Allentown, Pennsylvania

Forbes Lists

#587 Global 2000

  • #946 in Sales
  • #622 in Profit
  • #1142 in Assets
  • #434 in Market value

#80 Innovative Companies (#80 in 2012)

Profile

Air Products & Chemicals, Inc. serves energy, electronics, chemicals, steel, and manufacturing customers globally with a unique portfolio of products, services, and solutions that include atmospheric gases, process and specialty gases, performance materials, equipment, and services. It also produces hydrogen, helium, and other industrial gases and chemicals. The company operates its business into four reportable segments: Merchant Gases, Tonnage Gases, Electronics and Performance Materials and Equipment and Energy. The Merchant Gases segment sells atmospheric gases, such as oxygen, nitrogen, and argon; process gases such as hydrogen and helium; specialty gases; and certain services and equipment, throughout the world to customers in many industries, including those in metals, glass, chemical processing, food processing, healthcare, steel, general manufacturing, and petroleum and natural gas industries. The Tonnage Gases segment provides hydrogen, carbon monoxide, nitrogen, oxygen, and synthesis gas principally to the energy production and refining, chemical, and metallurgical industries worldwide. The Electronics and Performance Materials segment employs applications technology to provide solutions to a broad range of global industries through chemical synthesis, analytical technology, process engineering, and surface science. This segment provides the electronics industry with specialty gases as well as tonnage gases, CMP slurries, specialty chemicals, services, and equipment for the manufacture of silicon and compound semiconductors, thin film transistor liquid crystal displays, light emitting diodes and photovoltaic devices. The Equipment and Energy segment designs and manufactures cryogenic equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction and helium distribution and serves energy markets in a variety of ways. The company was founded by Leonard Parker Pool in 1940 and is headquartered in Allentown, PA.

“Air Products & Chemicals History

Words like entrepreneurship, sales, finance, engineering, and technology are central to the history of Air Products. So are concepts like developing lasting relationships with our customers and communities based on an understanding of their needs, integrity in the way we do business, and a passion for exceeding expectations.

The early part of the Air Products story shaped an important chapter in the broader history of the industrial gas industry. In the decades that followed, the company owed much of its success to the know-how and innovative spirit of its employees—and the willingness to seize opportunities for growth.”

*Information from Forbes.com and Airproducts.com

**Video published on YouTube by “Air Products