Air Products and Chemicals (NYSE: APD) closed yesterday at $84.50. So far the stock has hit a 52-week low of $41.46 and 52-week high of $85.44. Air Products and Chemicals stock has been showing support around 83.17 a...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
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GALWAY, IRELAND--November 13, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Air Products & Chemicals Incorporated (NYSE:APD) (Allentown, Pennsylvania) secured a contract to develop a large-scale hydrogen production facility in the Netherlands to supply hydrogen to Exxon Mobil Corporation's (NYSE:XOM) (Irving, Texas) refinery in Rotterdam and other customers in the region. Air Products will develop the production unit through its global alliance with Technip SA (OTC:TKPPY) (Paris, France), the H2 Alliance. Scheduled for commissioning in the second half of 2011, the plant will employ advanced technology aimed at maximizing energy efficiency and reducing emissions. The unit will be connected through a four-mile pipeline to Air Products' existing 35-mile hydrogen pipeline network in Rotterdam, which connects the firm's hydrogen facilities to the chemical and refining industries in the region.
Atmospheric and Specialty gases company, Air Products and Chemicals Inc. (APD) recently opened its new specialty amines plant in Nanjing, China. The facility complements its existing local capabilities to support customers in the growing polyurethane additives and epoxy markets.
The new specialty amines plant is designed to manufacture many of the amine chemistries marketed by the [...]
Atmospheric and Specialty gases company, Air Products and Chemicals Inc. (APD) recently opened its new specialty amines plant in Nanjing, China. The facility complements its existing local capabilities to support customers in the growing polyurethane additives and epoxy markets.
The new specialty amines plant is designed to manufacture many of the amine chemistries marketed by the business globally. Air Products already operates two large air separation plants. Air Products focuses on China for growth as the country seems to be having a strong and potential market as well as industries, such as construction, coatings and automobile production.
The new plant has significantly strengthened the supply chain capabilities of Air Products' Performance Materials business in China and throughout Asia. Other strategic capabilities that the company has built for its Performance Materials business include a technology center in Shanghai's Zhangjiang Industrial Park, a triethylenediamine manufacturing facility for polyurethane additives in Changzhou, warehouses in Changzhou, Shanghai, Guangzhou and Nanjing.
The plant has also enhanced Air Products' ability to supply differentiated products. The initial focus will be on several performance-oriented products marketed by Air Products' epoxy additive and polyurethane additive product lines, including the Polycat and Dabco series of amine catalysts, and Ancamine, Ancamide and Sunmide series of epoxy curing agents used in diverse industries, such as coatings, inks, adhesives, construction, appliance and automotive.
This apart, Air Products also plans to build a new world-scale air separation unit (ASU) at its La Porte, Texas industrial gases facility. The energy efficient ASU will replace older assets at the site and provide benefits to customers through higher-reliability pipeline of oxygen and nitrogen supply, and enhanced production of merchant and electronics products including argon and xenon. The new ASU is to be on-stream in October 2011.
The ASU at La Porte will serve customers across Air Products' three major business areas of Tonnage Gases, Merchant Gases and Electronics and increase supply security and reliability. The company expects the ASU to deliver significant productivity gains through decreased energy consumption and operating costs.
Air Products also plans to purchase and operate four existing air separation units to supply industrial gases to Xingtai Iron and Steel Corp., Ltd., one of China’s largest specialty steel manufacturers located in Hebei province, China. Air Products is the second largest industrial gas supplier in North America and the fourth largest in the world. The company serves customers in the industrial, energy, technology and healthcare markets worldwide.
Monsanto Company (MON) has signed a long-term supply contract with Air Products (APD), the leading global hydrogen provider. According to the contract, Air Products will build a new world-scale hydrogen production plant to be located at Monsanto’s Luling, Louisiana, Roundup facility. The new hydrogen plant is scheduled to be on-stream in Jan 2012.
Air Products will [...]
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Air Products Chemicals Inc. (APD) has reported results for the fourth quarter of 2009. Net earnings slipped 9.5% year over year to $1.14 per share in the last quarter of fiscal 2009. Reported earnings were, however, slightly higher than the Zacks Consensus Estimate of $1.12. For the full year, earnings of $3.05 per share were [...]
Companies featured in this segment: Jacobs Engineering Group Incorporated (NYSE:JEC), Suncor Energy Incorporated (NYSE:SU), Air Products & Chemicals Incorporated (NYSE:APD), Exxon Mobil Corporation’s (NYSE:XOM), Exxon Mobil Corporation’s (NYSE:XOM), Ocean Power Technologies Incorporated (LSE:OPT), Leighton Holdings Limited (ASX:LEI), Total S.A. (NYSE:TOT), Iberdrola S.A. (MCE:IBE)
Companies featured in this segment: Air Products and Chemicals (NYSE: APD), MarkWest Energy Partners LP (NYSE:MWE), BP plc (NYSE:BP), Praxair Incorporated (NYSE:PX), ABB Limited (NYSE:ABB), Rio Tinto Limited (NYSE:RTP), Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), United Microelectronics Corporation (NYSE:UMC), RWE AG (OTC:RWEOY), Alstom SA (EPA:ALO), Shihlin Electric & Engineering Corporation (TPE:1503), Tatung Company (TPE:2371), Walsin Lihwa Corporation (TPE:1605)
Companies featured in this segment: Siemens AG (NYSE:SI), MarkWest Energy Partners L.P. (NYSE:MWE), Air Products and Chemicals Incorporated (NYSE:APD), POSCO (NYSE:PKX), Deutsche Bank AG (NYSE:DB), Royal Dutch Shell plc (NYSE:RDS.A), AES Corporation (NYSE:AES), StatoilHydro ASA (NYSE:STO), E.ON AG (OTC:EONGY), International Power plc (OTC:IPRPY), Abengoa SA (MCE:ABG), Tata Steel Limited (BSE:500470), Steel Authority of India Limited (BSE:500113), JSW Steel Limited (BSE:500228)
Companies featured in this segment: Canadian Natural Resources Limited (NYSE:CNQ), The Yemen Liquefied Natural Gas Company, Starlims Technologies Limited, Total SA (NYSE:TOT), Hyundai Corporation (SEO:011760), Air Products & Chemicals (NYSE:APD), GAIL India Limited (BSE:532155), Kalpataru Power Transmission Limited (BSE:522287), Petronet LNG Limited (BSE:532522), Marubeni Corporation (TYO:8002), Engineers India Limited (BSE:532178), Reliance Industries Limited (BSE:500325), CNOOC Limited (NYSE:CEO), Edison International (NYSE:EIX), and Emerson Electric Company (NYSE:EMR).
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