Air Products Named a Maplecroft Climate Innovation Indexes (CIIs) Leader
January 26 2010 - 5:53PM
PR Newswire (US)
LEHIGH VALLEY, Pa., Jan. 26 /PRNewswire-FirstCall/ -- Air Products
(NYSE: APD) today was named a Maplecroft Climate Innovation Indexes
(CIIs) Leader, ranking 17th out of the 300 largest U.S. companies
evaluated for their climate-related innovation and carbon
management programs. The Maplecroft CIIs, calculated by Bloomberg
and based upon evaluations by country and corporate risk
intelligence firm Maplecroft, identify companies that embed
innovation into their operations to better operate in changing
policy environments, deal with increased investor scrutiny
regarding future growth, and adapt to the physical impacts of
climate change throughout their value chains. The new Maplecroft
CIIs were officially launched today and presented at Bloomberg LP
in London. According to Maplecroft CEO Professor Alyson Warhurst,
the Maplecroft CIIs are designed to "empower investors to identify
and direct capital toward companies that are both developing
climate-solutions and delivering sustained economic growth." Pat
Loughlin, vice president, Environment, Health, Safety and Quality
and chair of Air Products' Sustainability Council, said, "We are
honored to be recognized as a leader by Maplecroft for our
financial performance and innovation toward addressing climate
change risks and opportunities. We believe the challenge of
mitigating greenhouse gases (GHGs) must be addressed through a
diverse mix of technology solutions, and we are responding with
offerings that help produce cleaner fuels, facilitate alternate
fuel source development, encourage solar and other renewable energy
production, and improve overall energy efficiency for ourselves and
our customers." Air Products is currently working on several
preeminent carbon capture and storage demonstration projects around
the world; is one of the few companies capable of supplying
massive-scale oxygen plants for oil and coal gasification and
gas-to-liquids projects; is developing proprietary ceramic ion
transport membrane technology to enable more economical and
energy-efficient oxygen production; is the leading global supplier
of advanced natural gas liquefaction equipment; supplies more than
60 photovoltaic (PV) manufacturers with high-purity process gases
and cleaning agents for the latest generation of PV solar energy
cells; and has a global hydrogen fueling and infrastructure
position that now includes more than 110 fueling stations in 16
countries. For more information about these GHG-mitigating
solutions and other sustainable technology offerings, visit
http://www.airproducts.com/Responsibility/CustomersAndSustainability/SustainableOffer
ings.htm. To view Maplecroft's full methodology, rating tool and
results for all companies in the Maplecroft CII family, visit
http://www.maplecroft.com/ or access the information through
Bloomberg terminals [MAPL ]. Air Products (NYSE:APD) serves
customers in industrial, energy, technology and healthcare markets
worldwide with a unique portfolio of atmospheric gases, process and
specialty gases, performance materials, and equipment and services.
Founded in 1940, Air Products has built leading positions in key
growth markets such as semiconductor materials, refinery hydrogen,
home healthcare services, natural gas liquefaction, and advanced
coatings and adhesives. The company is recognized for its
innovative culture, operational excellence and commitment to safety
and the environment. In fiscal 2009, Air Products had revenues of
$8.3 billion, operations in over 40 countries, and 18,900 employees
around the globe. For more information, visit
http://www.airproducts.com/. ***NOTE: This release contains
forward-looking statements. Actual results could vary materially,
due to changes in current expectations, including the impact of new
or changed environmental or other legislation and regulations, the
impact of competitive products and pricing, lack of successful
development or market acceptance of new products and applications,
or third parties obtaining and using information that the Company
regards as proprietary. EDITOR'S NOTE: In September 2009, the
Carbon Disclosure Project named Air Products to its S&P500
Leadership Index for 2009. More at
http://www.airproducts.com/PressRoom/CompanyNews/Archived/2009/22Sep2009a.htm.
DATASOURCE: Air Products CONTACT: Media Inquiries, Katie McDonald,
+1-610-481-3673, ; Investor Inquiries, Nelson Squires,
+1-610-481-7461, , both of Air Products Web Site:
http://www.airproducts.com/
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