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4-Traders Homepage  >  Equities  >  Nyse  >  Air Products & Chemicals, Inc.    APD

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Air Products & Chemicals, Inc. : Air Products to Highlight Cost-Efficient Technologies for Steelmakers at AISTech 2012

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04/25/2012 | 08:05pm CET

LEHIGH VALLEY, Pa., April 25, 2012 /PRNewswire/ -- Air Products (NYSE:APD) will highlight its comprehensive range of industrial gases and technologies for steelmakers, which can help producers from the melt shop to the rolling mill save money throughout their operations, at AISTech 2012 in Atlanta, Ga., from May 7-10.

Air Products will have a team of knowledgeable representatives on-hand at booth #117 to speak with steelmakers about their specific operations and discuss ways the company can help them reduce their fuel consumption and carbon footprint, increase productivity, and optimize gas efficiency to lower their overall costs.

Among the company's highlighted technologies will be Air Products' state-of-the-art oxy-fuel burner solutions for various stages of the steelmaking operation, as well as Blast Furnace Plus, offered through the integrated technologies of Air Products and Danieli Corus. This patented technology transforms the blast furnace into a combined iron-maker and fuel producer for high-efficiency power production. The technology can produce dramatic cost savings on the order of $20 per ton of hot metal and increased hot metal productivity, while optimizing power generation through integration with the blast furnace and decreasing carbon dioxide (CO2) emissions.

In addition, Air Products specialists will present "A Sensible Route to Energy Efficiency Improvement and CO2 Management in the Steel Industry" at 2:30 p.m. on May 8 at RM building A, level three concourse A302. Individuals attending this technical paper presentation will discover how steelmakers can make significant operating cost improvements in their iron-making operations today while preparing for a carbon-constrained environment in the future.

Air Products pioneered the first on-site gas supply concept over 50 years ago with the steel industry. As a leading industrial gas supplier, the company's gases and technologies for iron and steel processing have enabled customers to reduce their costs, improve their quality and productivity, save energy, and achieve environmental compliance. For more information, call Air Products at 800-654-4567 (mention code 899) or 610-706-4730 (outside of the U.S.), email [email protected], or visit us online at www.airproducts.com/industries/Metals/IronSteel-Production.aspx.

Air Products (NYSE:APD) provides atmospheric, process and specialty gases; performance materials; equipment; and technology. For over 70 years, the company has enabled customers to become more productive, energy efficient and sustainable. More than 18,000 employees in over 40 countries supply innovative solutions to the energy, environment and emerging markets. These include semiconductor materials, refinery hydrogen, coal gasification, natural gas liquefaction, and advanced coatings and adhesives. In fiscal 2011, Air Products had sales of approximately $10 billion. For more information, visit www.airproducts.com.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company's Form 10K for its fiscal year ended September 30, 2011.

SOURCE Air Products

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