Industrial gas giant,
Air Products and Chemicals Inc.
) will participate in the "Sustainable Manufacturing Forum" (SMF)
and "Global Summit on Advanced Manufacturing" (GSAM) as part of
Semicon West in San Francisco, Jul 7-10. The company will make
presentations on materials recovery and reuse.
Air Products will focus on reducing costs, lowering supply chain
risk and achieving sustainability goals which are vital for reuse
and recovery. It will also present the benefits and challenges of
recycling materials such as xenon, helium and hydrogen in the
lighting and electronics industry.
Air Products' name is also included in the panel on Next Generation
Eco Fab where stakeholders throughout the semiconductor supply
chain will discuss the critical sustainability issues the industry
might face in the future. The availability of raw materials in the
semiconductor manufacturing process has started to become limited
due to cost constraints or supply restrictions, so the waste
products from these processes may be economically recycled.
Air Products benefits from a diverse customer base, sustained
pricing power and cost-reduction measures. New business deals and
strategic investments are expected to support results in fiscal
2014. Moreover, the acquisition of a 67% stake in Chilean
industrial gas company, Indura S.A., has ushered in substantial
growth opportunity for Air Products.
Air Products is also keeping a tight control on expenses and
undertaking work process improvement initiatives. Moreover, it
remains committed to maximizing its shareholder return.
Air Products currently carries a Zacks Rank #4 (Sell).
Other companies in the chemical space worth considering include
KMG Chemicals Inc.
). While KMG Chemicals carries a Zacks Rank#1 (Strong Buy),
Celanese and Ashland hold a Zacks Rank #2 (Buy).
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AIR PRODS & CHE (APD): Free Stock Analysis
ASHLAND INC (ASH): Free Stock Analysis Report
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KMG CHEMICALS (KMG): Free Stock Analysis Report
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