Air Products touches the lives of consumers around the globe in positive ways every day. Focused on serving energy, environment and emerging markets, we provide essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. We are also the global leader in the supply of liquefied natural gas process technology and equipment. Air Products develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals.
Founded in 1940, Air Products has built a reputation for its innovative culture, operational excellence and commitment to safety and the environment. Our passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities and the world.
You probably don't know it, but Air Products is part of hundreds of everyday things. Our gases enhance the quality of the frozen foods you eat, make your flat-screen LCD TV look amazing, and enable MRI images of your body to help doctors treat your injury... and those are just a few of the many ways we advance your everyday life.
(Excerpted from Seifi Ghasemi's 2020 Shareholder Letter)
Over the past six years, we have transformed Air Products into the best performing industrial gas company in the world. By executing our strategic Five-Point Plan, we are creating sustainable growth opportunities that deliver value to our shareholders, customers, employees and communities around the world.
In 2020, the world faced unprecedented challenges due to the COVID-19 pandemic. I am very proud of the dedicated team of more than 19,000 employees at Air Products who kept our 750+ plants running, supplied our customers with essential products, executed significant projects and improved our profitability, all under very challenging conditions.
Despite the challenges, we delivered strong financial results...