Air Products Company and Air Products Company-GuruFocus.com

2021-11-16 07:57:19 By : Ms. SED Machinery

LEHIGH VALLEY, Pennsylvania, November 10, 2021 /PRNewswire/ - A Middle East regional development and investment joint venture between Air Products (NYSE: APD, Finance) and Air Products Qudra, Air Products Enterprise (JV) (51%) and Qudra Energy (49%) will showcase their world-leading technology and global capabilities at ADIPEC, the world's largest oil, gas and energy event. The exhibition will be held at the National Exhibition Center in Abu Dhabi, United Arab Emirates from November 15th to 18th.

Commenting on our participation in this event, Dr. Samir J. Serhan, Chief Operating Officer of Air Products, said: “The higher goal of Air Products is to bring people together, collaborate and innovate solutions to deal with the most important energy in the world. And environmental sustainability challenges. Our technologies and solutions enable our customers around the world to achieve their sustainable development goals. We are proud to be able to showcase these and large projects such as NEOM’s green hydrogen project at ADIPEC, which will help To realize the dream of a world without hydrocarbons is a reality."

This year, Air Products Company Qudra is also a proud sponsor of the Middle East Energy Club. Mr. Ebubekir Koyuncu, CEO of Air Products Qudra, said: "The mission of Air Products Qudra is to bring world-class technology, field solutions, and leading project execution and operational leadership to large-scale energy and environmental projects throughout the Middle East. We I look forward to attending again this year and welcome customers to spend time with us at the Middle East Energy Club and exhibition."

Industry experts from Air Products and Air Products Qudra will share the latest innovations, technologies and projects in hydrogen, carbon capture, LNG heat exchanger technology, and Rotoflow® turbomachinery equipment at booth #CN52, hall, and hall 5. Products. Air Products is the world’s largest hydrogen supplier and a leader in hydrogen production and related large-scale projects. It has expertise in the use of hydrogen for mobility; Air Products’ Qudra’s goal is to provide cleaner, cleaner, Safer energy solutions inject vitality into the region and realize a sustainable future in the Middle East.

About Air Products Company Air Products Company (NYSE: APD) is a world-leading industrial gas company with an 80-year history. The company focuses on serving energy, environment and emerging markets, providing necessary industrial gas, related equipment and application expertise for customers in dozens of industries such as oil refining, chemicals, metals, electronics, manufacturing, and food and beverage. Air Products is also a global leader in LNG process technology and equipment supply. The company develops, designs, builds, owns and operates some of the world’s largest industrial gas projects, including: gasification projects that convert abundant natural resources into synthetic gas to produce high-value electricity, fuels and chemicals; carbon Capture projects; and world-class hydrocarbon-free projects that support the global transportation and energy transition.

The company's 2021 fiscal year sales are 10.3 billion U.S. dollars, with operations in more than 50 countries, and its current market value exceeds 65 billion U.S. dollars. More than 20,000 passionate, talented and loyal employees from different backgrounds are driven by Air Products’ higher goal of creating innovative solutions that benefit the environment, enhance sustainability, and address challenges facing customers, communities, and the world . For more information, please visit www.airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.

About Air Products Company Qudra Air Products Company Qudra is a Middle East Regional Development and Investment Joint Venture (JV) between Air Products Company and Qudra Energy, a subsidiary of Vision Invest. Air Products is a world-leading industrial gas company that develops, designs, builds, owns and operates many of the world’s largest industrial gas projects; Vision Invest is a leading development and investment holding company in the Kingdom of Saudi Arabia, in public utilities and infrastructure It has a diversified investment portfolio in many fields such as, logistics and industrial gas, and its business investment footprint is all over the world.

Air Products Company Qudra was established in a multi-year partnership between its parent companies. Its mission is to bring world-class technology, field solutions, and leading project execution and operational leadership to large-scale energy and environmental projects throughout the Middle East. For more information, please visit www.airproductsqudra.com

About Air Products' LNG business Air Products is a global leader in LNG technology and equipment, with more than 50 years of industry experience and 110 factories worldwide. Most of the world's LNG is produced using Air Products' technology. To support the LNG industry, Air Products provides natural gas liquefaction process technology and key equipment for large export factories, small and medium LNG factories, floating LNG factories and LNG peak regulators. Upstream, Air Products provides nitrogen and natural gas dehydration membrane systems for offshore platforms. Downstream, Air Products provides membrane nitrogen generators for LNG carriers, and land-based membranes and cryogenic nitrogen systems for LNG import terminals and baseload LNG plants.

About Air Products' Rotoflow business Rotoflow, a subsidiary of Air Products, uses decades of experience and operational expertise to design, build, and support mission-critical turbomachinery for the hydrocarbon, LNG, industrial gas, and energy markets. Rotoflow is one of the most trusted brands in the turbomachinery industry. Its history of designing, manufacturing and operating turbomachinery has been combined for more than 125 years, bringing outstanding equipment performance and unparalleled reliability, safety and value. For more information, please visit www.rotoflow.com or follow us on LinkedIn and Twitter.

Note on forward-looking statements: This press release contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s expectations and assumptions as of the date of this report and are not guarantees of future performance. Although forward-looking statements are made in good faith and are based on assumptions, expectations and forecasts that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from the forecasts and estimates expressed in forward-looking statements because many Factors, including the risk factors described in our annual report on Form 10-K for the fiscal year ending September 30, 2020. Except as required by law, we assume no obligation to update or revise any forward-looking statements contained herein or undertaking to reflect any changes in assumptions, beliefs, or expectations, or any event, condition or situation on which such forward-looking statements are based Any changes.

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