Is Air Products still operating in Russia?

Is Air Products still operating in Russia?

MOSCOW. Aug 22 (Interfax) – U.S. company Air Products and Chemicals, Inc. (APCI), the world’s leading provider of technology for processing liquefied natural gas (LNG) and associated equipment, has exited its Russian assets.

Who bought Air Products?

Evonik Industries AG

Air Products (NYSE: APD), a world-leading industrial gases company, announced today it has completed the sale of its Performance Materials Division (PMD) to Evonik Industries AG (EVK.DE) for $3.8 billion in cash.

What kind of company is Air Products?

industrial gases company
Air Products and Chemicals, Inc. is an industrial gases company. The Company provides essential industrial gases, related equipment and applications to customers in various industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage.

Is Air Products & chemicals a good investment?

Air Products and Chemicals has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.

How many countries does Air Products operate in?

50 countries
Air Products touches the lives of consumers around the globe in positive ways every day. With approximately 19,000 employees and operations in 50 countries, we serve customers across a wide range of industries from food and beverage to medical, energy and transportation.

Does Air Products have business in Russia?

“Air Products operates a very small industrial gas business in Russia, which has less than $25m in sales, or approximately one quarter of one percent of our annual revenue.

Who are Air Products competitors?

Air Products competitors include The Linde Group, Air Liquide, Praxair and Airgas.

Where is Air Products based?

Pennsylvania
Air Products’ headquarters is in Upper Macungie Township, Pennsylvania, in the Lehigh Valley region of Pennsylvania. 1940 in Detroit, Michigan, U.S.

How does Air Products make money?

Air products & Chemicals (NYSE:APD) produces and supplies industrial gases to a variety of end-markets such as industrial manufacturing, mining, oil & gas, food & beverage, chemicals and healthcare. Industrial gases account for 96% of revenue while the remaining 4% are derived from the sale of equipment and services.

Why has Air share price dropped?

Shares of Air Products & Chemicals (APD -0.45%) fell more than 11% in early trading Thursday after the industrial gases producer reported a small earnings miss but beat on fiscal Q1 2021 sales. Analysts had forecast Air Products would earn $2.19 per share (adjusted) on sales of $2.35 billion.

Is Air Products a dividend aristocrat?

Air Products and Chemicals is a dividend aristocrat selling industrial gases for decades.

Will APD stock go up?

The 20 analysts offering 12-month price forecasts for Air Products and Chemicals Inc have a median target of 292.50, with a high estimate of 335.00 and a low estimate of 257.00. The median estimate represents a +18.26% increase from the last price of 247.33.

Is Air Products a Fortune 500 company?

Air Products is awarded a 12-year $287 million contract from NASA to supply liquid hydrogen to the United States’ new space shuttle program. The company makes the Fortune 500 listing on the strength of $1 billion in sales.

How many employees does Air Products have in the US?

Air Products And Chemicals total number of employees in 2020 was 19,275, a 8.9% increase from 2019. Air Products And Chemicals total number of employees in 2019 was 17,700, a 8.59% increase from 2018. Air Products And Chemicals total number of employees in 2018 was 16,300, a 6.54% increase from 2017.

Are Air Products and Airgas the same company?

(NYSE: APD) today announced an agreement for Airgas to purchase the majority of Air Products’ U.S. packaged gas business, excluding its electronic gases and magnetic resonance imaging (MRI)-related helium operations.

How much does the CEO of Air Products make?

$13,805,099
Compensation by Company

Name And Title Total Compensation
Seifi Ghasemi Chairman, President and Chief Executive Officer Total Compensation $13,805,099 View details
Sean D. Major Executive Vice President, General Counsel and Secretary Total Compensation $2,408,196 View details

Who are Air Products customers?

Air Products serves customers in technology, energy, healthcare, food and industrial markets worldwide with atmospheric industrial gases (mainly oxygen, nitrogen, argon, hydrogen and carbon dioxide), process and specialty gases, performance materials and chemical intermediates.

Does Air Products pay a dividend?

For the 40th Consecutive Year, Air Products Increases Quarterly Dividend. The Board of Directors of Air Products (NYSE:APD) has increased the quarterly dividend on the Company’s common stock by 12 cents per share—from $1.50 to $1.62 per share—representing an eight percent increase.

Is APD a buy or sell?

A P/B of 1 means it’s selling at its per share book value.

Momentum Scorecard. More Info.

Zacks Rank Definition Annualized Return
1 Strong Buy 24.75%
2 Buy 18.15%
3 Hold 9.70%
4 Sell 5.35%

When was Air Products founded?

1940, Detroit, MIAir Products / Founded
Leonard Parker Pool founds Air Products in 1940 in Detroit, Michigan, on a simple, but revolutionary, idea: the “on-site” concept of producing and selling industrial gases. Air Products leases its first oxygen gas generator to a small Detroit steel company in 1941.

Do Airgas fill argon tanks?

Airgas continually meets supply needs with compressed argon gas and argon liquid cylinders. When customers have outgrown cylinders, Airgas MicroBulk Services offer gas supply solutions that save time and storage space.

What months does APD pay dividends?

APD Dividend History

Ex/EFF DATE TYPE PAYMENT DATE
09/30/2019 CASH 11/11/2019
06/28/2019 CASH 08/12/2019
03/29/2019 CASH 05/13/2019
12/31/2018 CASH 02/11/2019

Does ADP stock pay a dividend?

ADP pays a dividend of $4.05 per share. ADP’s annual dividend yield is 1.7%. Automatic Data Processing’s dividend is lower than the US industry average of 2.35%, and it is lower than the US market average of 3.83%.

Should I invest in APD?

The financial health and growth prospects of APD, demonstrate its potential to perform inline with the market. It currently has a Growth Score of B. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.

What is the price for a bottle of argon gas?

Argon gas cylinders are considered the most expensive, with prices going up to $350 for a new cylinder. This is due to the cost of mining and collecting the gas. Buying one large cylinder is more economical than exchanging several small ones.

Related Post