Air Products

Last updated
Air Products and Chemicals, Inc
Company type Public
Industry Industrial gas, chemicals
FoundedStart date and age
FounderLeonard P. Pool
Headquarters Allentown, Pennsylvania, U.S.
Area served
Worldwide
Key people
Seifi Ghasemi (CEO, chairman, and president)
RevenueDecrease2.svg US$8.856 billion (2020)
Increase2.svgUS$2.144 billion (2020)
Increase2.svgUS$1.931 billion (2020)
Total assets Increase2.svgUS$25.169 billion (2020)
Total equity Increase2.svgUS$12.443 billion (2020)
Number of employees
Increase2.svg 19,275 (2020)
Website airproducts.com
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.

Contents

As of 2024, Air Products is the fifth-largest employer in the Lehigh Valley. [2]

History

20th century

The global headquarters of Air Products in Trexlertown, Pennsylvania, in March 2014 Air Products Headquarters, Trexlertown.JPG
The global headquarters of Air Products in Trexlertown, Pennsylvania, in March 2014
An Air Products van in Leeds, West Yorkshire, in May 2010 Air Products van on Woodhouse Lane in Leeds (4th May 2010).jpg
An Air Products van in Leeds, West Yorkshire, in May 2010
An Air Products facility in Rotterdam, in July 2022 Rotterdam-Botlek, Air Products (fabriek voor het produceren van industriele gassen en chemicalien) IMG 2515 2022-07-11 12.48.jpg
An Air Products facility in Rotterdam, in July 2022

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.

21st century

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 competed 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]

Related Research Articles

<span class="mw-page-title-main">Combustion</span> Chemical reaction between a fuel and oxygen

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.

<span class="mw-page-title-main">Fuel cell</span> Device that converts the chemical energy from a fuel into electricity

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.

<span class="mw-page-title-main">Steelmaking</span> Process for producing steel from iron ore and scrap

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.

<span class="mw-page-title-main">Pyrolysis</span> Thermal decomposition of materials

The pyrolysis process is the thermal decomposition of materials at elevated temperatures, often in an inert atmosphere.

<span class="mw-page-title-main">Gasification</span> Form of energy conversion

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.

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.

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.

<span class="mw-page-title-main">Linde plc</span> Largest global industrial gas producer

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.

<span class="mw-page-title-main">Flue gas</span> Gas exiting to the atmosphere via a flue

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.

<span class="mw-page-title-main">Air Liquide</span> French industrial gas producer

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 80 countries. It has headquarters at the 7th arrondissement of Paris. Air Liquide owned the patent for Aqua-Lung until it expired.

<span class="mw-page-title-main">Pressure swing adsorption</span> Method of gases separation using selective adsorption under pressure

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.

<span class="mw-page-title-main">Bergius process</span>

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.

<span class="mw-page-title-main">Industrial gas</span> Gaseous materials produced for use in industry

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. In 2022 less than 1% of hydrogen production was low-carbon. Fossil fuels are the dominant source of hydrogen, for example by steam reforming of natural gas. Other methods of hydrogen production include biomass gasification and methane pyrolysis. Methane pyrolysis and water electrolysis can use any source of electricity including renewable energy. Underground hydrogen is extracted.

Renewable Fuels are fuels produced from renewable resources. Examples include: biofuels, Hydrogen fuel, and fully synthetic fuel produced from ambient carbon dioxide and water. This is in contrast to non-renewable fuels such as natural gas, LPG (propane), petroleum and other fossil fuels and nuclear energy. Renewable fuels can include fuels that are synthesized from renewable energy sources, such as wind and solar. Renewable fuels have gained in popularity due to their sustainability, low contributions to the carbon cycle, and in some cases lower amounts of greenhouse gases. The geo-political ramifications of these fuels are also of interest, particularly to industrialized economies which desire independence from Middle Eastern oil.

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.

Intelligent Energy is a fuel cell engineering business focused on the development, manufacture and commercialisation of its proton-exchange membrane fuel cell technologies for a range of markets including automotive, stationary power, materials handling equipment and UAVs. Headquartered in the UK with representation in the US, Japan, South Korea, and China.

Nippon Sanso Holdings Corporation Japanese industrial gas manufacturer

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.

<span class="mw-page-title-main">Marl Chemical Park</span> Industrial park in Marl, North Rhine-Westphalia, Germany

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.

Monolith Inc. is an American chemical and materials producer based in Nebraska. The company is known for being the first company to use methane pyrolysis to split natural gas into carbon and hydrogen gas on a commercial scale. The carbon resulting from the process is converted into carbon black. The company is building a plant where the hydrogen gas from the process will be converted to anhydrous ammonia. Monolith was founded by Robert Hanson and Pete Johnson in 2012, in Redwood City, California.

References

  1. "Air Products & Chemicals Annual report 2020-21". Air Products. Air Products & Chemicals.
  2. "Lehigh Valley's Largest Private-Sector Employers", Lehigh Valley Economic Development
  3. 1 2 3 "History", Air Products official website
  4. Air Products Receives Award of Merit from WateReuse Association for Outstanding Water Conservation Efforts Earth Times September 22, 2010
  5. "Air Products and NASA".
  6. Air Products Named to the Dow Jones Sustainability North America Index [ permanent dead link ] Yahoo Finance September 10, 2010
  7. Air Products Named a Maplecroft Climate Innovation Indexes (CIIs) Leader PR News
  8. "Air Products is Honored with Prestigious Rushlight Hydrogen and Fuel Cell Award". Archived from the original on 2014-07-14. Retrieved 2014-06-19.
  9. Air Products Named to 100 Best Corporate Citizens List for 2010 by Corporate Responsibility Magazine PR News
  10. de Podesta, Michael; Underwood, Robin; et al. (11 July 2013). "A low-uncertainty measurement of the Boltzmann constant". Metrologia. 50 (4): 354–375. Bibcode:2013Metro..50..354D. doi:10.1088/0026-1394/50/4/354. S2CID   119336716.
  11. "Air Products Announces Intent to Spin-Off Materials Technologies Business". www.airproducts.com. Retrieved 2016-01-25.
  12. "Air Products completes spinoff of Versum Materials". 3 October 2016. Retrieved 2022-03-12.
  13. "Merck Completes Acquisition of Versum Materials" . Retrieved 2022-03-12.
  14. "Evonik successfully completes acquisition of Air Products specialty additives business" . Retrieved 2022-03-12.
  15. Over 400 Companies Have Withdrawn from Russia—But Some Remain Yale School of Management. March 19, 2022. Retrieved April 16, 2022.
  16. "Air Products continuing to do business in Russia despite war in Ukraine". The Morning Call. March 17, 2022. Retrieved March 19, 2022.