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Investor Information

Air Products at A Glance

12.6

billion dollars in sales with a strong existing base business delivering double-digit EPS growth since 2014

40+

consecutive years of dividend growth

~65

billion dollars in market cap

#1

hydrogen supplier in the world

15

billion-dollar capital commitment by 2027 for low-carbon hydrogen prjects to address the energy transition

~50

countries where we operate

1,800

miles of industrial gas pipeline

750+

production facilities

30+

industries served

Real Actions. Real Commitments to Sustainability.

Air Products has made an additional set of commitments that further demonstrate our sustainability strategy in action. We are setting a new "Third by '30" CO₂ emissions intensity (kg CO₂ /MM BTU) goal for Scope 3 emissions, pledging to reach net zero carbon emissions by 2050, and bringing our capital commitment to first-mover projects to $15 billion through 2027.

These commitments complement and reinforce Air Products' growth strategy of building our business to deliver climate benefits and work alongside our customers on their sustainability journey.

Learn More

$12 Billion ASU/Gasification/Power Joint Venture in Jazan, Saudi Arabia

Air Products announced the financial close and transfer of the second group of assets for the $12 billion gasification and power joint venture (JV) with Aramco, ACWA Power and Air Products Qudra in the Jazan Economic City (“Jazan”), Saudi Arabia.

The JV’s purchase of this second group of assets at Jazan follows the successful asset acquisition and project financing transactions for the first group of assets completed in late October 2021.

The JV owns and operates the facility under a 25-year contract for a fixed monthly fee, with Aramco supplying feedstock to the JV, and the JV producing power, steam, hydrogen and other utilities for Aramco.

About the Project

2023 Annual Report

Generating a Cleaner Future

(Excerpt from Seifi Ghasemi's 2023 Shareholder Letter)

At Air Products, we have built an outstanding organization. Our people are creating innovative technologies, processes, and facilities to address the world's most significant environmental and sustainability challenges. As of the end of fiscal 2023, we have committed approximately $15 billion to projects intended to accelerate the energy transition, including those that will deliver low- and zero-carbon hydrogen at scale to decarbonize heavy-duty transportation and industrial sectors. We are doing this alongside our excellent core industrial gas business, which is delivering significant efficiency and productivity benefits and improving environmental performance for our customers around the world.

I would like to thank each of our talented, dedicated, and motivated employees for their exceptional contributions to our strong fiscal 2023 performance. I am honored every day to be working alongside this team, which continues to focus on delivering near-term results while executing on our long-term growth strategy. Working together, we continue to build a diverse and inclusive culture where 23,000 people can feel they belong and matter...

Investor Relations Contacts

Sidd Manjeshwar
Vice President, Treasury and Investor Relations

Sidd Manjeshwar

manjessj@airproducts.com
(610) 481-1872
Mun Shieh Photo
Director, Investor Relations

Mun Shieh

shiehmh@airproducts.com
(610) 481-2951
Liz Thomas Photo
Executive Assistant

Elizabeth Thomas

thomasea@airproducts.com
(610) 481-4426