Company type | Public |
---|---|
Industry | Industrial gas, chemicals |
Founded | 1940 in Detroit, Michigan, U.S. |
Founder | Leonard P. Pool |
Headquarters | Allentown, Pennsylvania, U.S. |
Area served | Worldwide |
Key people | Seifi Ghasemi (CEO, chairman, and president) |
Revenue | US$12.6 billion (2023) |
US$2.49 billion (2023) | |
US$2.34 billion (2023) | |
Total assets | US$32.0 billion (2023) |
Total equity | US$15.7 billion (2023) |
Number of employees | c. 23,000 (2023) |
Website | airproducts |
Footnotes /references [1] |
Air Products and Chemicals, Inc. is an American international corporation whose principal business is selling gases and chemicals for industrial use. Air Products is headquartered in Trexlertown, Pennsylvania, in the Lehigh Valley region of eastern Pennsylvania.
As of 2024, Air Products is the fifth-largest employer in the Lehigh Valley. [2]
Air Products was founded in Detroit in 1940 by Leonard Parker Pool with the objective of establishing on-site production and sales of various forms of industrial gas.
The following year, in 1941, the U.S. entered World War II, and Air Products began manufacturing mobile generators for the production of oxygen used in high elevation military flights and necessary to meet the needs of the U.S. Air Force and allied air forces. [3]
In 1944, the company relocated its headquarters from Detroit to Chattanooga, Tennessee, where it expanded its oxygen production manufacturing capacity to meet the needs of the U.S. military and its allies in their war against Nazi Germany and the Axis powers. [3]
Following the end of World War II, the company relocated its headquarters and operations to Emmaus, Pennsylvania in the manufacturing-intensive Lehigh Valley region of eastern Pennsylvania. In the late 1950s, it completed the development of its current corporate headquarters in neighboring Trexlertown. [3]
Air Products serves customers in technology, energy, healthcare, food, and industrial markets worldwide with atmospheric industrial gases, including oxygen, nitrogen, argon, hydrogen, and carbon dioxide, process and specialty gases, performance materials, and chemical intermediates.
Air Products produces refinery hydrogen, liquified natural gas technologies and equipment, epoxy additives, gas cabinets, advanced coatings, and adhesives.
In 2001, Air Products Received an Award of Merit from the WateReuse Association for Outstanding Water Conservation Efforts for conserving 62 million US gallons (230,000 m3) of drinking water annually by converting to recycled water for the cooling process at its Santa Clara, California manufacturing facility. The award was presented during the 25th Annual WateReuse Symposium. WRA recognizes projects that have advanced the acceptance of water reuse through education, sound science, and technology using reclamation, recycling, reuse, or desalination for the benefit of the public and the environment. [4]
Air Products provided the liquid hydrogen and liquid oxygen fuel for the Space Shuttle external tank. Air Products has had a working relationship with NASA for five decades, supplying the liquid hydrogen used for every Space Shuttle launch and the Mercury and Apollo missions. [5]
Air Products is included on the Dow Jones Sustainability North America Index as one of the best performing sustainable companies for the period of 2008 to 2011. [6]
In January 2004, Air Products (NYSE: APD) was named a Maplecroft Climate Innovation Indexes (CIIs) Leader, the 17th largest U.S.-based company that has undergone evaluation of its climate-related innovation and carbon management programs. Air Products is currently working on several preeminent carbon capture and storage demonstration projects around the world. [7]
In 2010, Air Products was awarded the Rushlight Hydrogen and Fuel Cells industry award for the Series 10 hydrogen fuelling station, which celebrates the leading environmental technologies and innovations by organizations throughout the United Kingdom and Ireland by promoting development in hydrogen and fuel cells and enabling further development and funding to be granted toward reducing carbon emissions. [8]
In March 2010, Corporate Responsibility magazine named Air Products to its 100 Best Corporate Citizens List. [9]
In 2013, Air Products' high purity built-in purifier argon was used to determine a more accurate value for the Boltzmann constant. [10]
In September 2015, Air Products announced its intent to spin off its Materials Technologies business. [11] This new stand alone company was named Versum Materials. The spinoff was completed on October 3, 2016. [12] Versum was later acquired by pharmaceutical company Merck. [13]
In January 2017, Air Products completed the sale of its Performance Materials division to Evonik, [14] leaving the company focused on its industrial gases business.
Air Products initially refused to cease operations in Russia in response to the 2022 invasion of Ukraine and the international sanctions subsequently levied against Russia. However, according to Yale School of Management, the company reversed its position and has since divested its interests in Russia. [15] [16]
Combustion, or burning, is a high-temperature exothermic redox chemical reaction between a fuel and an oxidant, usually atmospheric oxygen, that produces oxidized, often gaseous products, in a mixture termed as smoke. Combustion does not always result in fire, because a flame is only visible when substances undergoing combustion vaporize, but when it does, a flame is a characteristic indicator of the reaction. While activation energy must be supplied to initiate combustion, the heat from a flame may provide enough energy to make the reaction self-sustaining. The study of combustion is known as combustion science.
A fuel cell is an electrochemical cell that converts the chemical energy of a fuel and an oxidizing agent into electricity through a pair of redox reactions. Fuel cells are different from most batteries in requiring a continuous source of fuel and oxygen to sustain the chemical reaction, whereas in a battery the chemical energy usually comes from substances that are already present in the battery. Fuel cells can produce electricity continuously for as long as fuel and oxygen are supplied.
Steelmaking is the process of producing steel from iron ore and/or scrap. In steelmaking, impurities such as nitrogen, silicon, phosphorus, sulfur, and excess carbon are removed from the sourced iron, and alloying elements such as manganese, nickel, chromium, carbon, and vanadium are added to produce different grades of steel.
Pyrolysis is the process of thermal decomposition of materials at elevated temperatures, often in an inert atmosphere without access to oxygen.
Gasification is a process that converts biomass- or fossil fuel-based carbonaceous materials into gases, including as the largest fractions: nitrogen (N2), carbon monoxide (CO), hydrogen (H2), and carbon dioxide (CO2). This is achieved by reacting the feedstock material at high temperatures (typically >700 °C), without combustion, via controlling the amount of oxygen and/or steam present in the reaction. The resulting gas mixture is called syngas (from synthesis gas) or producer gas and is itself a fuel due to the flammability of the H2 and CO of which the gas is largely composed. Power can be derived from the subsequent combustion of the resultant gas, and is considered to be a source of renewable energy if the gasified compounds were obtained from biomass feedstock.
Liquid oxygen, sometimes abbreviated as LOX or LOXygen, is a clear cyan liquid form of dioxygen O2. It was used as the oxidizer in the first liquid-fueled rocket invented in 1926 by Robert H. Goddard, an application which has continued to the present.
In petrochemistry, petroleum geology and organic chemistry, cracking is the process whereby complex organic molecules such as kerogens or long-chain hydrocarbons are broken down into simpler molecules such as light hydrocarbons, by the breaking of carbon–carbon bonds in the precursors. The rate of cracking and the end products are strongly dependent on the temperature and presence of catalysts. Cracking is the breakdown of large hydrocarbons into smaller, more useful alkanes and alkenes. Simply put, hydrocarbon cracking is the process of breaking long-chain hydrocarbons into short ones. This process requires high temperatures.
High-test peroxide (HTP) is a highly concentrated solution of hydrogen peroxide, with the remainder consisting predominantly of water. In contact with a catalyst, it decomposes into a high-temperature mixture of steam and oxygen, with no remaining liquid water. It was used as a propellant of HTP rockets and torpedoes, and has been used for high-performance vernier engines.
Fluidization is a process similar to liquefaction whereby a granular material is converted from a static solid-like state to a dynamic fluid-like state. This process occurs when a fluid is passed up through the granular material.
The Fischer–Tropsch process (FT) is a collection of chemical reactions that converts a mixture of carbon monoxide and hydrogen, known as syngas, into liquid hydrocarbons. These reactions occur in the presence of metal catalysts, typically at temperatures of 150–300 °C (302–572 °F) and pressures of one to several tens of atmospheres. The Fischer–Tropsch process is an important reaction in both coal liquefaction and gas to liquids technology for producing liquid hydrocarbons.
Linde plc is a global multinational chemical company founded in Germany and, since 2018, domiciled in Ireland and headquartered in the United Kingdom. Linde is the world's largest industrial gas company by market share and revenue. It serves customers in the healthcare, petroleum refining, manufacturing, food, beverage carbonation, fiber-optics, steel making, aerospace, material handling equipment (MHE), chemicals, electronics and water treatment industries. The company's primary business is the manufacturing and distribution of atmospheric gases, including oxygen, nitrogen, argon, rare gases, and process gases, including carbon dioxide, helium, hydrogen, ammonia, electronic gases, specialty gases, and acetylene.
Flue gas is the gas exiting to the atmosphere via a flue, which is a pipe or channel for conveying exhaust gases, as from a fireplace, oven, furnace, boiler or steam generator. It often refers to the exhaust gas of combustion at power plants. Technology is available to remove pollutants from flue gas at power plants.
Air Liquide S.A. is a French multinational company which supplies industrial gases and services to various industries including medical, chemical and electronic manufacturers. Founded in 1902, after Linde it is the second largest supplier of industrial gases by revenues and has operations in over 70 countries. It has headquarters at the 7th arrondissement of Paris. Air Liquide owned the patent for Aqua-Lung until it expired.
Pressure swing adsorption (PSA) is a technique used to separate some gas species from a mixture of gases under pressure according to the species' molecular characteristics and affinity for an adsorbent material. It operates at near-ambient temperature and significantly differs from the cryogenic distillation commonly used to separate gases. Selective adsorbent materials are used as trapping material, preferentially adsorbing the target gas species at high pressure. The process then swings to low pressure to desorb the adsorbed gas.
The Bergius process is a method of production of liquid hydrocarbons for use as synthetic fuel by hydrogenation of high-volatile bituminous coal at high temperature and pressure. It was first developed by Friedrich Bergius in 1913. In 1931 Bergius was awarded the Nobel Prize in Chemistry for his development of high-pressure chemistry.
Industrial gases are the gaseous materials that are manufactured for use in industry. The principal gases provided are nitrogen, oxygen, carbon dioxide, argon, hydrogen, helium and acetylene, although many other gases and mixtures are also available in gas cylinders. The industry producing these gases is also known as industrial gas, which is seen as also encompassing the supply of equipment and technology to produce and use the gases. Their production is a part of the wider chemical Industry.
Hydrogen gas is produced by several industrial methods. Nearly all of the world's current supply of hydrogen is created from fossil fuels. Most hydrogen is gray hydrogen made through steam methane reforming. In this process, hydrogen is produced from a chemical reaction between steam and methane, the main component of natural gas. Producing one tonne of hydrogen through this process emits 6.6–9.3 tonnes of carbon dioxide. When carbon capture and storage is used to remove a large fraction of these emissions, the product is known as blue hydrogen.
Chemrec AB (Chemrec) is a Stockholm, Sweden-based company with comprehensive experience of pioneering the development of black liquor gasification (BLG) technology for energy and chemicals recovery at pulp mills.
Nippon Sanso Holdings Corporation, commonly known as NSHD, is a Japanese multinational industrial gas manufacturer incorporated in the year 1910 as Nippon Sanso Corporation. The company was founded in 1918.
Marl Chemical Park is an industrial park in Marl, North Rhine-Westphalia, Germany. It is the third largest industrial cluster in Germany and among the largest chemical production facilities in Europe. The site occupies over 6 square kilometers, hosts 100 chemical plants, employs 10,000 people, and produces 4 million metric tons of chemicals annually. 18 companies are based in the Park, including primary tenant Evonik Industries AG, which also owns and operates the infrastructure through its subsidiary Infracor GmbH.