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Air Products and Chemicals, Inc.

Air Products and Chemicals, Inc
Public
Traded as
Industry Industrial gas, Chemicals
Founded Detroit, Michigan (1940; 78 years ago (1940))
Founder Leonard P. Pool
Headquarters 7201 Hamilton Blvd., Allentown, Pennsylvania, U.S.A.
Area served
Worldwide
Key people
Seifi Ghasemi (CEO),
(Chairman) & (President)
Revenue
  • Decrease US$ 9.895 billion (2015)
  • Increase US$ 10.439 billion (2014)
  • Increase US$ 1.884 billion (2015)
  • Increase US$ 1.657 billion (2014)
  • Increase US$ 1.427 billion (2015)
  • Increase US$ 1.243 billion (2014)
Total assets
  • Decrease US$ 17.438 billion (2015)
  • Decrease US$ 17.779 billion (2014)
Total equity
  • Decrease US$ 7.249 billion (2015)
  • Increase US$ 7.521 billion (2014)
Number of employees
19,700 (Sept 2015)
Website airproducts.com

Air Products and Chemicals, Inc. is an American international corporation whose principal business is selling gases and chemicals for industrial uses. Air Products' headquarters is in Allentown, Pennsylvania, in the Lehigh Valley region of Pennsylvania, in the United States. Air Products is the Lehigh Valley's third largest employer, after Lehigh Valley Hospital and St. Luke's Hospital. Leonard P. Pool founded the company in 1940. Its French subsidiary, headquartered in Saint-Quentin-Fallavier, was the site of a terrorist attack on June 26, 2015.

On September 17, 2015 Air Products announced its intent to spin off its Materials Technologies business. This new stand alone company has been renamed Versum Materials.

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.

Air Products produces semiconductor materials, refinery hydrogen, natural gas liquefaction (LNG) technology and equipment, epoxy additives, gas cabinets, advanced coatings and adhesives. It is also noted as addressing the hydrogen fuel cell economy through hydrogen fueling stations as well as its personal care chemicals business.


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