Industrial gas giant
Air Products and Chemicals Inc.
) will showcase its Freshline liquid nitrogen (LIN) tunnel
freezers at the forthcoming International Production and
Processing Expo (IPPE) scheduled to be held in Atlanta, Ga. from
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The tunnel freezers to be displayed by the Pennsylvania-based
company include the Freshline DM tunnel freezer, which enables
manufactures to process both individually quick frozen and flat
or trayed products in a single machine. Another freezer to be
featured is the Freshline QS tunnel freezer, a cost-effective
option for food processors looking to upgrade to continuous
Food processors can visit the company's booth at the IPPE to get
an insight about the benefits of the Freshline tunnel freezers.
Live demonstrations will allow them to see how much time and
space they can save using these tunnel freezers.
Air Products offers industrial gases as well as a variety of
polymer and performance chemicals and serves technology, energy,
industrial and health care customers globally. The company
) among others.
Air Products has been offering solutions for freezing, chilling,
coating, mixing, forming, packaging, and wastewater treatment to
the food industry for more than four decades. It offers a
comprehensive range of Freshline solutions, helping poultry and
meat processors boost productivity, enhance product yield and
LIN can be an economical alternative to CO2 in many freezing and
chilling applications. Air Products has a proven track record of
converting several of its customers' processes from CO2 to LIN,
offering them with a number of benefits which cannot be achieved
with CO2. These include uniform temperature through the process,
higher throughput and better product quality.
Air Products benefits from a long-term take-or-pay contract, a
consolidated industry structure, diverse customer base and
sustained pricing power. The company's healthy project backlog
strongly positions it to achieve its long-term growth target.
However, sluggish economic conditions across the U.S. and Europe
may continue to impact the demand for the company's products.
Air Products currently retains a short-term Zacks Rank #2 (Buy).
We have a long-term Underperform recommendation on the stock.