LEHIGH VALLEY, Pa., Dec. 7, 2020 /PRNewswire/ -- Air Products (NYSE:APD) will participate in this year's virtual Pennsylvania Hemp Summit on Dec. 8 and 9.
Michael Himes, of Air Products' Merchant Research and Development team, and Timothy Lebrecht, Air Products' Industry Manager - Chemical Process Industries and Cryogenics, will take part in a panel discussion on "Exploring Emerging Technologies, Research and Product Development Opportunities." They will be joined on the panel by Sairam Rudrabhatla, Ph.D., of Penn State Harrisburg, and Dozie Mbonu of Jarette's Eco-Friendly Fungi. Mark Gignac, of the Institute of Advanced Learning and Research, will serve as moderator.
The panel discussion will be held at 10:30 a.m. on Dec. 8. To register for the summit and watch the panel, visit: https://teampa.com/pahempsummit/hemp-summit-registration/.
"Our experience and advanced cryogenic technology have provided game-changing solutions for those in the biotech and food industries, and we look forward to collaborating with those in the industrial hemp* industry to improve the effectiveness and efficiency of their processes," said Lebrecht.
Air Products is collaborating with a professor at the University of Virginia on research studying the benefits of cryogenic freezing on cannabinoids found in industrial hemp, from the time of harvest through extraction and final processing.
In the fast-growing industrial hemp market, industrial gases can play an important role in growing, harvesting, processing, extraction and packaging. There are several ways industrial gases and freezing can help, including:
As a global leader in industrial gases and cryogenic technology applications, Air Products has the experience and technical know-how to help biotech, food, and chemical processors address some of their toughest challenges through low temperature, fast-freezing. With cryogenics laboratories located in the U.S., Europe, and Asia, Air Products can test a customer's product on commercial-scale equipment to determine the feasibility of using cryogenic freezing or chilling for their specific process.
The Pennsylvania Hemp Summit was organized by the Pennsylvania Department of Agriculture and Team Pennsylvania to increase the commonwealth's shared knowledge and resources in order to inspire innovative investments and to form transformative partnerships in the industry.
*Air Products will only sell to customers in the industrial hemp market who can show compliance with applicable state and federal laws and regulations.
About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale carbon-free hydrogen projects supporting global transportation and the energy transition.
The Company had fiscal 2020 sales of $8.9 billion from operations in 50 countries and has a current market capitalization of about $60 billion. More than 19,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.
NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the company's Form 10K for its fiscal year ended September 30, 2020.
SOURCE Air Products
