Air Products and Chemicals Inc
Chemicals
Air Products and Chemicals Inc (APD) Stock News
The latest APD headlines and market coverage — 2 recent stories, updated throughout the day.
- Zacks Investment Research·
APD to Build LNG-Based ASU for PETRONAS Gas Berhad-Led JV
Air Products and Chemicals (APD) has entered a definitive agreement to design, build, and operate Malaysia's first LNG-based air separation unit (ASU) at the Pengerang LNG terminal in Johor. The facility, expected to come online by early 2027, will produce over 600 tons daily of liquid oxygen, nitrogen, and argon for industrial sectors. The project leverages LNG regasification cold energy to reduce energy consumption and emissions while expanding APD's production capabilities in the region.
- Zacks Investment Research·
Here's What Makes APD Stock an Attractive Investment Option Now
Air Products and Chemicals (APD) raised its fiscal 2026 adjusted earnings guidance to $13.39-$13.49 per share, driven by high-return industrial gas projects, strategic acquisitions, and productivity initiatives. The company benefits from a $3 billion project backlog, the NEOM green hydrogen project in Saudi Arabia, and $250 million in expected annual cost savings from headcount reductions. Analyst sentiment remains positive with earnings estimates revised upward over the past 60 days.