Air Products and Chemicals Accelerates Green Hydrogen Push with Game-Changing EU Regulatory Alignment; What’s Next On Its Radar? 

Air Products and Chemicals, Inc. (APD) recently reported its financial performance and strategic outlook, marking a period of transition under the new CEO, Eduardo Menezes. The company, historically a leader in the industrial gases sector, is recalibrating its strategic priorities to focus more on its traditional business strengths while addressing challenges from previous strategic forays into high-risk growth areas. A primary point of discussion has been the company’s shift back to its core industrial gas business, which includes on-site projects with take-or-pay agreements, a robust merchant business, and a portfolio of high-quality joint ventures. This segment remains the company’s most significant contributor, with $12 billion in sales and an operating margin of 24%. Menezes emphasized improving these margins through cost productivity, pricing, and operational excellence.