SOURCE: Industrial Info Resources

Industrial Info Resources

January 24, 2011 05:40 ET

Air Products and Chemicals Reports Solid Gains for Fiscal First-Quarter 2011, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 24, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Air Products and Chemicals Incorporated (NYSE:APD) (Allentown, Pennsylvania), which sells various gas-related performance materials, equipment and services to industries worldwide, reported strong results for the company's fiscal first quarter of 2011, based on double digit growth and higher volume sales in all major segments. Air Products officials were quick to point out that results are even stronger when excluding a $27 million after-tax charge related to the tender offer for outstanding shares of Airgas Incorporated (NYSE:ARG) (Radnor, Pennsylvania).

Industrial Info is tracking 58 active Air Products projects worldwide that are worth a total of more than $1.85 billion, including the $150 million construction of a hydrogen plant in Chengdu, in China's Sichuan province. For more information, visit Industrial Info's International Chemical Processing Project Database.

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