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Air Products and Chemicals Inc (APD)

APD on New York Consolidated

149.55USD
9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Evonik sees deal for Air Products unit EPS accretive in 2017
Friday, 6 May 2016 07:27am EDT 

Evonik Industries AG : Evonik acquires specialty & coating additives business of air products . Says it is expected that acquisition will be EPS accretive for Evonik in 2017 business year . Says combined specialty & coating additives business has a turnover of around 3.5 billion euros, an attractive EBITDA margin of more than 20 pct . Financing half with company's own funds and half with additional debt .Will maintain a strong balance sheet and continues to aim for a solid investment grade rating after transaction.  Full Article

Air Products and Chemicals Inc gives FY 2016 EPS guidance; gives Q1 2016 EPS guidance below estimates
Thursday, 29 Oct 2015 06:00am EDT 

Air Products and Chemicals Inc:Expects FY 2016 EPS in the range of $7.25-$7.50.Expects Q1 2016 EPS in the range of $1.65-$1.75.FY 2016 EPS of $7.45 - Thomson Reuters I/B/E/S.Q1 2016 EPS of $1.79 - Thomson Reuters I/B/E/S.  Full Article

Air Products and Chemicals Inc building helium plant for RasGas Company Ltd
Wednesday, 28 Oct 2015 09:00am EDT 

Air Products and Chemicals Inc:Says building helium plant for RasGas Company Ltd.Says Air Products will supply to RasGas Company Ltd, the helium licensor package equipment for the new Helium 3 plant to be located at the Barzan facility in Ras Laffan Industrial City, Qatar.  Full Article

Air Products and Chemicals Inc and Kiewit team up to pursue smaller-sized LNG projects in north america
Tuesday, 27 Oct 2015 10:15am EDT 

Air Products and Chemicals Inc and Kiewit:Jointly announced an agreement in which the two companies will work together to pursue smaller-sized LNG projects in North America.Two companies will seek project opportunities for the production of up-to-500,000 gallons per day of liquefied natural gas.Prior to signing the current agreement, the two companies won an LNG project working together, for which Air Products will supply its LNG liquefaction and storage technology to Kiewit, who will be responsible for overall engineering and construction of the facility.Single production train will be capable of producing approximately 235,000 GPD of LNG for an LNG peakshaver facility in the United States.Air Products' supplied LNG technology and equipment for that project is to be operational in 2017.  Full Article

Air Products and Chemicals Inc wins hydrogen supply agreement for Pallas' Texas Project
Thursday, 22 Oct 2015 02:30pm EDT 

Air Products and Chemicals Inc:Announces that it has signed a long-term hydrogen supply agreement with Pallas Nitrogen Texas, LLC.Air Products will supply 44 million standard cubic feet per day of hydrogen from its existing Gulf Coast Pipeline (GCP) to Pallas.Supply is to begin in mid-2016 when Pallas begins ammonia production operations at their plant.  Full Article

Air Products and Chemicals Inc announces intent to Spin-Off Materials Technologies Business
Wednesday, 16 Sep 2015 04:15pm EDT 

Air Products and Chemicals Inc:Announces intent to spin-off materials technologies business.Says seifi ghasemi to be non-executive chairman and guillermo novo to be CEO of the new company.Says board of directors approves move consistent with strategic five-point plan.Says targeted completion of the materials technologies spin-off is before September 2016.Says approved the intention to fully separate its materials technologies business via a tax-free spin-off to its shareholders.Board of directors approved intention to fully separate its materials technologies business via a tax-free spin-off to its shareholders.  Full Article

Air Products and Chemicals Inc declares quarterly dividend
Wednesday, 16 Sep 2015 11:12am EDT 

Air Products and Chemicals Inc:Declared a quarterly dividend of 81 cents per share of common stock.Payable on Nov. 9 to shareholders of record date as on Oct. 1.  Full Article

Air Products and Chemicals Inc signs second deal to supply integrated oxy-fuel solution to techpack solutions in Korea
Monday, 17 Aug 2015 10:37am EDT 

Air Products and Chemicals Inc:Says it has been selected by Techpack Solutions in Korea to supply its integrated oxy-fuel solution.  Full Article

Air Products and Chemicals Inc raises FY 2015 EPS guidance; gives Q4 2015 guidance
Thursday, 30 Jul 2015 06:00am EDT 

Air Products and Chemicals Inc:Says that it expects Q4 2015 EPS from continuing operations to be between $1.75 and $1.85 per share.Says for FY 2015 it is raising its guidance from continuing operations to $6.50 to $6.60 per share.  Full Article

Air Products and Chemicals Inc declares quarterly dividend
Thursday, 21 May 2015 11:42am EDT 

Air Products and Chemicals Inc:Declares quarterly dividend of 81 cents per share of common stock.Payable on Aug. 10 to shareholders of record date as on July 1.  Full Article

BRIEF-Air Products, Grupa Azoty Zakady Azotowe Kdzierzyn S.A. sign new contract for supply of industrial gases

* Air products and Grupa Azoty Zakady Azotowe Kdzierzyn S.A. sign new contract for the supply of industrial gases