Air Products & Chemicals Given Neutral Rating at Susquehanna Bancshares

Riverton Roll | September 03, 2019

Air Products & Chemicals (NYSE:APD)‘s stock had its “neutral” rating reaffirmed by investment analysts at Susquehanna Bancshares in a research report issued to clients and investors on Monday, August 19th, The Fly reports. APD has been the subject of several other reports. JPMorgan Chase & Co. raised their price target on Air Products & Chemicals from $207.00 to $225.00 and gave the company an “overweight” rating in a report on Friday, June 7th. Zacks Investment Research downgraded Air Products & Chemicals from a “hold” rating to a “sell” rating in a report on Tuesday, April 23rd. BMO Capital Markets raised their price target on Air Products & Chemicals from $235.00 to $252.00 and gave the company an “outperform” rating in a report on Monday, August 12th. UBS Group downgraded Air Products & Chemicals from a “buy” rating to a “neutral” rating and raised their price target for the company from $224.00 to $240.00 in a report on Thursday, July 11th. Finally, Citigroup set a $260.00 price target on Air Products & Chemicals and gave the company a “buy” rating in a report on Monday, July 15th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the company’s stock.

Spotlight

QUIMSER was founded in 1966 by Mr. Salvador Esquerra Romeu, who started alone the trading activity of chemical products for the leather industry. He began the activity in the heart of the tanning leather area of Igualada town, one of the most traditional and prestigious places with greatest activity production in leather tanning sector all around Europe.

Spotlight

QUIMSER was founded in 1966 by Mr. Salvador Esquerra Romeu, who started alone the trading activity of chemical products for the leather industry. He began the activity in the heart of the tanning leather area of Igualada town, one of the most traditional and prestigious places with greatest activity production in leather tanning sector all around Europe.

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CHEMICAL MANAGEMENT

KBR and ExxonMobil Catalyst Licensing Join Hands for Next Generation Propane Dehydrogenation Technology Advancement

KBR, Inc. | March 25, 2022

KBR and ExxonMobil Catalysts and Licensing LLC have collaborated on propane dehydrogenation technology. The collaboration is to bring significant advancements to the technology. Under the collaboration, the new propriety catalyst technology of ExxonMobil will be combined with KBR's proprietary K-PRO℠ Propane Dehydrogenation (PDH) technology to convert propane into propylene. The integrated technology solution will offer financial savings according to the current economic status worldwide. In addition, the superior performance of ExxonMobil's new catalyst will add as a powerful catalyst for enhancing the process and financial savings. "The collaboration with ExxonMobil is exciting for new K-PRO customers and existing K-PRO licensees who could potentially increase capacity and reduce operating expenses by upgrading to the new catalyst. This combined technology offering will significantly reduce energy consumption and add to KBR's growing portfolio of sustainable solutions." Doug Kelly, KBR President, Technology On the same point, James Ritchie, President of ExxonMobil Catalysts and Licensing LLC, also says, "KBR's K-PRO technology and our next generation catalyst are a great fit and our collaboration with KBR. It will significantly help to reduce the time to commercialize our next-generation catalyst for PDH. The most important part of this collaboration is that the cooperation brings together over 50 years of ExxonMobil's innovative leadership in developing specialty catalysts and KBR's leadership in technology development, plant design, and construction.

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CHEMICAL TECHNOLOGY

Wacker Chemical Corporation Celebrates Sustainability Week, Positively Impacting The Surrounding Communities

Wacker Chemical | October 29, 2020

Sustainability Week happening prior this month (October 12-16), at Wacker Chemical Corporation in the United States, representatives partook in naturally benevolent exercises to respect the general pledge to help guarantee a superior world for people in the future. Each October, WACKER workers observe Sustainability Week to create mindfulness and move network activity to ensure the climate. The WACKER areas in the U.S. made positive changes by reusing, lessening waste capably, giving to and chipping in with neighborhood associations. To securely gather family unsafe waste from the network, both the Charleston, Tennessee and Adrian, Michigan areas partook in network drives redirecting perilous waste and recyclables from landfills. In Adrian, 66 worker families dropped off waste at the WACKER office. This function securely gathered 150 gallons of utilized oil, 4 sacks of paint, 200 lbs. of batteries, 40 void propane canisters, 200 bright light bulbs, 2 drums of non-perilous fluids and more than 500 lbs. of utilized electronic gadgets. Charleston workers chipped in at the Cleveland/Bradley family perilous waste drive arranged by the Keep America Beautiful association to gather squander from their district inhabitants. After 791 family units gave, the function arrived at limit before the function was booked to end. At Calvert City, Kentucky, workers gave time and materials to help further form the Sustainability Education Center at the Kentucky Dam Village State Resort Park. They likewise planned and partook in different cleanup endeavors to region parks, trails and nature shelters. In reusing site scrap materials, Calvert City's area made grower, pavers and perch rooms for the Education Center, in any event, taking advantage of the imagination from worker families by sending home making units to make the pieces. Since reusing is critical to a greener future, WACKER's Allentown, Pennsylvania and Charleston, Tennessee areas started nearby reusing programs. The Ann Arbor, Michigan area went above and beyond and contracted with a treating the soil administration in the wake of supplanting discard alternatives on location with compo stable contributions. To lessen utilization, the North Canton, Ohio group disposed of paper in work processes as a perpetual change. By getting paperless, the area will decrease paper utilization and outflows from printers by 30%. As of late, the Charleston area was perceived by the Chattanooga Regional Manufacturers Association with the territorial Manufacturing Excellence Award in the Energy/Environment classification. This honor, declared during Sustainability Week, credits the Tennessee area for a strong natural program, reusing and squander decrease rehearses, energy decrease enhancements and procedures matched with partaking representatives. WACKER sees maintainability as something beyond a public objective. As a worldwide organization, WACKER lines up with the maintainability objectives made by the United Nations. At the core of this UN mission are the 17 Sustainable Development Goals (SDGs), which are a dire call for activity by all nations. These SDGs perceive handling environmental change and attempting to protect our seas and timberlands should be a need of today.

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CHEMICAL MANAGEMENT

Knight Material Technologies Acquires Electro Chemical

Knight Material Technologies | May 19, 2022

Knight Material Technologies located in Canton, Ohio, has acquired Electro Chemical Engineering and Manufacturing Co. located in Emmaus, PA. KMT is a leading service provider and manufacturer in the corrosion-resistant materials industry, and EC is a leader in high-performance fluoropolymer-lined vessels. Combining the two companies' solutions will create a larger, complementary product offering that will drive expansion into new markets and industries. EC will benefit from KMT's expanded reach, including the U.S. Gulf Coast and global markets, while Knight will expand its solutions with EC's fluoropolymer vessels and other materials. The Gulf Coast region has not previously had a local manufacturer for the sales, project personnel and manufacturing of fluoropolymer-lined vessels. Utilizing KMT's Houston office, and fabrication facilities in Baytown, Texas, EC intends to expand into the region to assist local customers with broader range of both products and services. In addition to EC's various fluoropolymer vessel liners, including PVDF, ECTFE, ETFE, FEP, PFA, PTFE, and more. EC also has proprietary adhesive systems for sheet lining and plastic welding technology. "Electro Chemical and Knight Material Technologies have separate technology and service solutions within the same industries and even some of the same customers. Together, we will be able to become more of a complete solutions provider to our customers and create leverage that will accelerate the growth potential for both companies. This will be a win-win situation for our companies, customers and employees." Kevin Brooks, President of KMT Electro Chemical also owns a subsidiary, Superior Dual Laminate Products in Vancouver, BC. SDL focuses on producing FRP dual laminate equipment, including piping, headers, tanks and specialty equipment. Dual laminate equipment is the preferred corrosion-resistant material in various industries, including the chlor-alkali industry. "We are excited to add the innovation technology Electro Chemical offers to our product line," added Brooks. "The company provides proprietary services with technical differentiation and consistently brings industry-leading innovation to its customers, such as its work in increasing the temperature resistance of epoxy adhesives and new welding techniques." "This represents a tremendous opportunity for our company and workforce at EC," said Mike Bunner, President, who will remain with EC as a consultant through the transition period. "Throughout our 70+ year history, EC has focused on driving innovation and technology solutions for our customers. This acquisition extends our geographic reach and positions us to bring even more capabilities to our customers in ways that will strengthen our position as a premier provider of linings and coatings to some of the industry's most demanding applications." KMT expects that the workforce at both organizations will expand as business increases. Company officials added that additional resources will support increased capital equipment investments to meet future demand. About Knight Material Technologies Founded in 1910, Knight Material Technologies designs, installs, services and manufactures custom acid-resistant linings used in highly corrosive processes for the chemical and mining industries worldwide. Headquartered in East Canton, OH, the company sells products in more than 40 countries with sales offices in Australia and Chile and a fabrication shop in Baytown, Texas. In addition, KMT produces industry-leading ceramic packing media for chemical process and regenerative thermal oxidation systems with customers in a wide range of industrial applications. About Electro Chemical Since 1949, Electro Chemical has been creating innovative and leading technologies in fluoropolymer lining and coating systems for pressure vessels, tanks, distribution equipment and internal components. EC corrosion protection systems are reliable and durable while providing lower capital costs than alternative solutions. Located in Emmaus, PA, EC also has a subsidiary, Superior Dual Laminate Products (SDL), located in Vancouver, BC, focusing on FRP dual laminate equipment, including piping and headers, tanks and specialty equipment.

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