Search results
Results from the WOW.Com Content Network
Air Products and Chemicals, Inc. is a U.S.-based 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]
In early June 2017, after almost a year of on-and-off negotiations, Linde and Praxair, the successor to UCC's Linde Air Products division, agreed to merge. [ 40 ] In July 2018, the company agreed to sell certain business in North and South American assets to Messer Group and CVC Capital Partners for $3.3 billion to gain regulator approval for ...
The company was founded by Carl von Linde as Linde Air Products Company in 1907. During the First World War, however, it was confiscated and in 1917, it joined with 4 other chemical companies under the name Union Carbide and Carbon Corporation , while maintaining a separate identity. [ 4 ]
An activist investor has taken a stake in the industrial gases company.
Airgas, an Air Liquide company, is an American supplier of industrial, medical and specialty gases (delivered in packaged or cylinder form), as well as hardgoods and related products; one of the largest U.S. suppliers of safety products; and a leading U.S. supplier of ammonia products and process chemicals.
Air Liquide generates about a third of its sales revenue by supplying the large industry (26% in 2017): chemicals, petrochemicals, metallurgy and refining. Air Liquide supply them with gas and energy by direct pipeline. Its pipeline network in the largest industrial basins is the longest in the world (more than 9000 km). [42]
Coming up just short of analysts' expectations for revenue of $3.04 billion, Air Products booked sales of $2.99 billion for the quarter, but it appears to be the bottom of the income statement ...
In 1975, the company became BOC International Ltd, reflecting its success in developing business outside of Britain, and in products beyond oxygen. An important part of BOC's history was the acquisition of Airco Industrial Gases, an American competitor. After 11 years of litigation, in 1978 Airco became a wholly owned subsidiary of BOC.