Air Products to Invest $1B in Uzbekistan Gas-to-Syngas Plant
June 25, 2023
🌥️Trending News
The company recently announced an agreement to purchase a gas-to-syngas plant in the Republic of Uzbekistan for a total cost of $1 billion. The syngas will be used to produce liquid fuels that will be supplied to the local market. This major investment is part of the company’s plan to expand their presence in Uzbekistan and other parts of Central Asia.
Additionally, the plant will create jobs and economic opportunities in the area, while providing a reliable source of energy for the local population. Air ($NYSE:APD) Products and Chemicals is fully committed to this investment and is looking forward to the successful operation of the gas-to-syngas plant in Uzbekistan. They are confident that this major investment will have a positive impact on the local economy and help to ensure a secure future for the region.
Market Price
Air Products and Chemicals, Inc. made headlines on Thursday with their announcement to invest $1 billion in a gas-to-syngas plant in Uzbekistan. This significant investment will mark Air Products and Chemicals’ first foray into the Central Asian country. With this announcement, their stock opened at $272.7 and closed at $272.1, a 0.5% increase from the last closing price of 270.8. The new plant is expected to produce over 1 million tons of syngas a year for both the petrochemical and fertilizer industries.
It should also help Uzbekistan diversify its energy economy and bolster its production of chemical-based products, creating new opportunities for local businesses. The project is currently in the planning and engineering phase and is expected to be completed by 2023. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for APD. More…
| Total Revenues | Net Income | Net Margin |
| 13.13k | 2.18k | 18.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for APD. More…
| Operations | Investing | Financing |
| 3.28k | -3.7k | 388.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for APD. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 29.44k | 14.75k | 63.29 |
Key Ratios Snapshot
Some of the financial key ratios for APD are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.5% | 4.4% | 21.9% |
| FCF Margin | ROE | ROA |
| -0.4% | 12.8% | 6.1% |
Analysis
At GoodWhale, we have conducted an analysis of AIR PRODUCTS AND CHEMICALS’s fundamentals. After careful consideration, we have concluded that AIR PRODUCTS AND CHEMICALS is a medium risk investment in terms of both financial and business aspects. After conducting our assessment, we have identified three risk warnings in the income sheet, balance sheet, and non-financial sheets. If you’re interested in learning more about these risks, please register with us to check it out. More…
Peers
Air Products & Chemicals Inc is an American multinational corporation whose principal business is the supply of gases and chemicals for industrial uses. The company is headquartered in Allentown, Pennsylvania and has operations in over 50 countries. Air Products & Chemicals Inc is the largest industrial gas company in the world with revenues of over $10 billion. Air Liquide SA, Linde PLC, and Autris are its main competitors.
– Air Liquide SA ($LTS:0NWF)
As of 2022, Air Liquide SA has a market cap of 68.08B with a ROE of 11.4%. The company is engaged in the business of gas and service provider. It supplies industrial gases and services to a variety of customers in the healthcare, energy, and environmental sectors.
– Linde PLC ($NYSE:LIN)
The company’s market cap is 147.13B as of 2022 and its ROE is 8.63%. The company is engaged in the manufacture and sale of Linde gas and other industrial gases. The company has a strong presence in Europe, North America, and Asia Pacific.
– Autris ($OTCPK:AUTR)
Autris is a global leader in providing innovative solutions for the automotive industry. The company has a market cap of 690.7k as of 2022 and a return on equity of 146.32%. Autris is committed to providing the highest quality products and services to its customers. The company has a strong focus on research and development, and is constantly innovating to provide the best possible solutions for the automotive industry. Autris is a trusted partner of many of the world’s leading automakers, and is dedicated to helping them meet the challenges of the future.
Summary
Air Products and Chemicals, Inc. is an American-based company that produces industrial gases and chemicals. Recently, the company has agreed to purchase a gas-to-syngas plant located in Uzbekistan for $1 billion. This investment provides Air Products with a major opportunity for growth in the chemical industry and is expected to generate significant returns over the long-term.
Additionally, the acquisition is anticipated to bring in new technologies, expertise, and increased production capacities for the company. The presence of the plant in Uzbekistan will also open up access to natural gas resources in the region and provide a platform for further expansion in Central Asia. Air Products and Chemicals, Inc. is expected to benefit from this investment and investors should expect positive returns in the coming years.
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