Air Products SWOT
SWOT Analysis
Strength
1. Wide customer base in diverse markets like merchant gases, tonnage gases, equipment & energy and electronics & performance materials.
2. Diversified geographic presence in more than 40 countries with an employee base of more than 40,000.
3. Steady growth in revenue & operating profit
4. Increasing liquidity through growing demands and sustained expansion in diverse territories.
5. Strengthening operational performance by driving increased productivity to the bottom line.
6. Strong solvency position as compared to the risks that Air Products is exposed to.
Weakness
1. Outstanding litigations and legal proceedings against environmental violations and labor unions have crippled the productivity and created business losses.
2. Substantial debt that has been repaid to some extent continues to look bleak on the company’s balance sheets
Opportunity
1. Strategic acquisitions of Xebec Adsorption Inc.’s advanced adsorption technology and DuPont’s interest in DuPont Air Products Nano Materials LLC to gain 50 % share in DuPont’s industrial gases manufacturing units have created a big opportunity for Air Products to expand their business and create a wider stronghold.
2. Expansions in Europe, Russia, China, India & Japan and other emerging economies have resulted in new avenues for growth of the group.
3. Contracts with Exxon Mobil in order to increase energy efficiency and reduce CO2 emissions.
4. Increase in automobile sales in the US has created a strong demand by automobile companies for an increased supply of industrial gases.
5. Increase in global energy consumption has also resulted in an increase in the demand for industrial gases.
6. Positive outlook of the chemicals industry over the next decade is looking good for the company’s future growth.
Threats
1. Strong competition, especially from Praxair
2. Risks associated with conducting business outside US, especially in the Middle East countries
3. Impact of natural
Strength
1. Wide customer base in diverse markets like merchant gases, tonnage gases, equipment & energy and electronics & performance materials.
2. Diversified geographic presence in more than 40 countries with an employee base of more than 40,000.
3. Steady growth in revenue & operating profit
4. Increasing liquidity through growing demands and sustained expansion in diverse territories.
5. Strengthening operational performance by driving increased productivity to the bottom line.
6. Strong solvency position as compared to the risks that Air Products is exposed to.
Weakness
1. Outstanding litigations and legal proceedings against environmental violations and labor unions have crippled the productivity and created business losses.
2. Substantial debt that has been repaid to some extent continues to look bleak on the company’s balance sheets
Opportunity
1. Strategic acquisitions of Xebec Adsorption Inc.’s advanced adsorption technology and DuPont’s interest in DuPont Air Products Nano Materials LLC to gain 50 % share in DuPont’s industrial gases manufacturing units have created a big opportunity for Air Products to expand their business and create a wider stronghold.
2. Expansions in Europe, Russia, China, India & Japan and other emerging economies have resulted in new avenues for growth of the group.
3. Contracts with Exxon Mobil in order to increase energy efficiency and reduce CO2 emissions.
4. Increase in automobile sales in the US has created a strong demand by automobile companies for an increased supply of industrial gases.
5. Increase in global energy consumption has also resulted in an increase in the demand for industrial gases.
6. Positive outlook of the chemicals industry over the next decade is looking good for the company’s future growth.
Threats
1. Strong competition, especially from Praxair
2. Risks associated with conducting business outside US, especially in the Middle East countries
3. Impact of natural