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Surging Air Products a player again

Surging Air Products a player again

Since being installed last June after a push by activist investor William Ackman, Air Products' new leadership has argued its aggressive remake of the once-stodgy local company will put it back atop the global industrial gases business. Seifi Ghasemi, Air Products chairman and CEO, continued to make his case Monday, announcing a new, $2.1 billion joint venture in Saudi Arabia with a major development partner to build the largest industrial gas complex in the world for a refinery operated by oil giant Saudi Aramco. The deal shows the management team is committed to reorganizing and growing the Trexlertown company, Ghasemi said. The Middle East is a major source of global oil...

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