Air Products & Chemicals, Inc. (APD), is a renowned American multinational corporation that is globally recognized for its innovations and exceptional solutions in the field of gases, essentially industrial gases and related equipment. The company's operations are spread worldwide, progressing partners from various sectors like refining, chemical, and other manufacturing industries.
Established in 1940, APD was the ingenious idea of Leonard P. Pool, who perceived that there was notable potential for industrial gases, specifically, selling oxygen to industries where it was required. Over the decades, the company has drastically grown and diversified its portfolio to include performance materials, chemicals, and equipment.
Presently headquartered in Allentown, Pennsylvania, Air Products & Chemicals, Inc. employs over 16,000 personnel across 50 countries. It has an estimated annual revenue of $8.9 billion, demonstrating consistent growth year after year. It operates in seven segments: Industrial gases - America, Industrial gases -EMEA (Europe, Middle East, and Africa), Industrial gases - Asia, Industrial gases - Global, Non-segmented Corporates, and Corporate and other.
APD is known well for its commitment to environmental sustainability. One of its popular products includes hydrogen and helium, with hydrogen being used for cleaner-burning transportation fuel for cars, trucks, and even public transport. As a response to global warming, the company has been investing in hydrogen energy projects and has successfully become a leading supplier of hydrogen to refineries to assist in producing cleaner burning transportation fuels.
Moreover, Air Products & Chemicals, Inc. has listed in the Fortune 500 list, It is also listed on the New York Stock Exchange and is a component of the S&P 500. APD has also significantly contributed to space exploration by providing NASA with the liquid hydrogen used to launch the Apollo moon missions.
Passionate about innovation, business, and society's growth, APD continues to pioneer advances in industrial gases and keeps working towards a sustainable future. More than just a gas supplier, Air Products & Chemicals, Inc. is acclaimed for being a solutions provider, contributing not only to industries but also to a more environmentally friendly and sustainable global environment. The success story of APD has firmly established it as an industry leader, carving a niche for itself in the realm of industrial gases.