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Air Products to Display Foundry Essentials at CastExpo 2016

Air Products and Chemicals, Inc. APD declared that it will showcase its range of industrial gases, technologies and equipment at CastExpo 2016 in Minneapolis, MN, from Apr 16–19. The products enable foundries to improve efficiency and lower operating costs.

The company will also display Oxygen-Enhanced Combustion for Reduced Coke Consumption in Cupolas as part of the Exhibitor Showcase on Apr 17 in The Hub.

The application engineers at Air Products evaluate foundry operations using advanced methods for furnace modeling, data collection, and process monitoring to solve problems and recommend process improvements. The company also has advanced combustion laboratory facilities, where state-of-the-art instrumentation and process control capabilities enable testing of a customer's application to its full potential.

At CastExpo, Air Products will offer solutions to lower fuel and coke costs, increase yield, enhance productivity, reduce off-gas volume and emissions, and improve quality and safety.

Air Products is gaining from its diverse customer base, cost-reduction measures and sustained pricing power. New business deals and strategic investments are expected to support results in fiscal 2016.

Air Products is also keeping a check on expenses and undertaking initiatives to improve work process. The company is progressing well with its cost-reduction programs, which should boost margins.

Air Products carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the diversified chemical space are Arkema S.A. ARKAY, Sinopec Shanghai Petrochemical Co. Ltd. SHI and The Dow Chemical Company DOW. All the three stocks sport a Zacks Rank #1 (Strong Buy).

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