Who Owns Air Products?
Air Products is the industrial gases brand of Air Products and Chemicals, Inc. (NYSE: APD), a publicly traded company headquartered in Allentown, Pennsylvania. Founded in 1940, the brand is the world's largest hydrogen producer, supplying gases and equipment across more than 50 countries. The parent generates approximately $12.1 billion in annual revenue.
Parent Company
Founded
1940
Status
Publicly Traded
Headquarters
GlobalOfficial Website
Who Owns Air Products?
- Parent Company: Air Products and Chemicals, Inc.
- Ownership Type: Brand division
- Company Type: Publicly Traded
- Stock Ticker: New York Stock Exchange: APD
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Air Products | Air Products and Chemicals, Inc. | Brand division |
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History of Air Products
- Founded: 1940
- Founders: Leonard P. Pool
Leonard Pool founded the company in 1940, pioneering on-site oxygen generation for steel mills before building the hydrogen franchise for petroleum refining that defines the brand.
Decades of expansion added electronics gases, helium, and LNG equipment across a global footprint.
The clean-energy pivot into green hydrogen, led by the NEOM project, and the 2025 leadership transition to CEO Eduardo Menezes mark the current era.
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About Air Products and Chemicals, Inc.
What does Air Products make?
Industrial gases including hydrogen, oxygen, nitrogen, and helium, plus gas production equipment and clean hydrogen projects.
Is Air Products publicly traded?
Yes. It trades on the NYSE under ticker APD.
What is Air Products known for?
Being the world's largest hydrogen producer, supplying refineries and now building green hydrogen mega-projects.
Who is the CEO of Air Products?
Eduardo Menezes, CEO since February 2025.
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How much revenue does it generate?
Approximately $12.1 billion annually.
Where is Air Products headquartered?
Allentown, Pennsylvania, USA.
- Founded: 1940
- Headquarters: Allentown, Pennsylvania, USA
- Company Type: Publicly Traded
- Stock: New York Stock Exchange: APD
- Revenue: Approximately $12.1 billion (FY2025)
- Employees: Approximately 22,400
Where Is Air Products Made / Based?
- Headquarters: Allentown, Pennsylvania, USA
Air Products Categories & Tags
Air Products Recalls & Controversies
Activist campaign: Mantle Ridge's 2024-2025 proxy fight forced board changes and the CEO transition.
Hydrogen economics scrutiny: Investor skepticism over green hydrogen project costs prompted strategy refinement.
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Air Products Ownership: Pros & Cons
Advantages
- +Hydrogen market leadership
- +Contracted on-site revenue
- +Clean-energy positioning
- +Dividend aristocrat history
Considerations
- -Green hydrogen project risk
- -Third-place scale behind Linde and Air Liquide
- -Capital intensity of mega-projects
- -Refining-market dependence
Frequently Asked Questions About Air Products
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Sources & Further Reading
- Air Products official website
- Air Products Investor Relations
- Air Products company page - /companies/air-products
Competitors to Air Products
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Dupont | USA | 1802 | Mass market | Global | All Genders |
Learn More About Competitors
Competitive Analysis
Market Positioning: Air Products competes with 1 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Air Products and Chemicals, Inc. Stock Information
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