) will unveil three new products, Airgas Gas Flow Calculator,
Airgas SmartTag and Airgas Ultra High Purity Regulator at the
Pittsburgh Conference in Philadelphia. The conference, which
starts on Mar 18, is related to Analytical Chemistry and Applied
Spectroscopy and will continue for four days. Airgas Gas Flow
Calculator and Airgas SmartTag have recently won the Golden Gas
Airgas will unveil these products, designed with new system
components and software, which will boost efficiency and purity
in gas chromatography. It will help customers to streamline their
gas usage and support laboratory gas users to get the most out of
These products have unique features pertaining to an excellent
choice for high-tolerance gas mixtures and use in high purity
Airgas Gas Flow Calculator can be used to determine amounts of
waste from gas leaks or gas being used for non-analytical
applications. This will help laboratories to evaluate total gas
usage for chromatography applications and achieve gas reduction
Airgas SmartTag, the first visual alert system to monitor gas
expiration and on-site verification of gas contents, provides a
range of solutions. The customers will render a series of data
through the unique microprocessor collar which makes it a unique
alert system in the industry.
Ultra High Purity Stainless Steel Regulator is the latest
specialty gas regulator of Airgas. Its sole purpose is to reduce
the gas path significantly and prevent contaminants from entering
the gas stream. It produces better sensitivity and responsiveness
with the help of a diaphragm valve.
Pa.-based Airgas, one of the largest U.S. suppliers of specialty
gases and equipment, reported third-quarter fiscal 2013 (ended
Dec 31, 2012) adjusted earnings of $1.01 a share compared with 97
cents per share earned in the year-ago quarter.
Revenues in the reported quarter rose 5% year over year to
$1,207.7 million, driven by the acquisition of 15 businesses with
aggregate annual revenues of more than $94 million in the first
three quarters of fiscal 2013.
Airgas expects that adjusted earnings per share for the fourth
quarter of fiscal 2013 will increase 6% to 12% to a range of
$1.18 to $1.24. For fiscal 2013, the Airgas expects adjusted
earnings per share to increase 7% to 9% to a range of $4.40 to
$4.46 from $4.11 a year ago.
Airgas is focusing on implementing SAP across its distribution
channel. Currently, about 70% of the businesses are running on
SAP. Airgas remains confident that SAP implementation will enable
it to realize its full economic benefits and help it serve its
customers better. The company expects to achieve its projected
$75 million to $125 million in income benefits by the end of
Airgas currently retains a Zacks Rank #3 (Hold).
Air Products & Chemicals Inc.
) also belong to the diversified chemical industry. Each of them
holds a Zacks Rank #2 (Buy).
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