LEHIGH VALLEY, Pa., Nov. 23, 2015 /PRNewswire/ -- Air Products (NYSE: APD) was recently named a Thomson Reuters 2015 Top 100 Global Innovator, recognizing its achievements as one of the world's most innovative companies. The program, an initiative of the IP & Science business of Thomson Reuters, honors the 100 corporations and institutions around the world that are at the heart of innovations as measured by a series of proprietary patent-related metrics. The full report is available at http://www.stateofinnovation.com.
The Thomson Reuters 2015 Top 100 Global Innovator methodology is based on four principle criteria: overall patent volume, patent application-to-grant success rate, global reach of the portfolio, and patent influence as evidenced by citations. This objective formula identifies the companies around the world that are discovering new inventions, protecting them from infringers and commercializing them.
"Air Products was founded on an innovative idea, and this recognition is testament that innovation continues to be a core value that drives our employees to address pressing business challenges each day," said Seifi Ghasemi, Air Products' chairman, president and CEO. "We not only create new products and technologies that solve our customers' problems and improve their operations, but many of our innovations also deliver environmental and energy benefits for Air Products and customers alike."
Now in its fifth year, the Thomson Reuters 2015 Top 100 Global Innovator program has annually outperformed leading financial indices, serving as a trustworthy investment resource and a testament to increased R&D funding, global patent filing and new market development, resulting in greater revenue and enhanced regional economic activity.
About Air Products
Air Products (NYSE:APD) is a world-leading Industrial Gases company celebrating 75 years of operation. The company's core Industrial Gases business provides atmospheric and process gases and related equipment to manufacturing markets, including refining and petrochemical, metals, electronics, and food and beverage. Air Products is also the world's leading supplier of liquefied natural gas process technology and equipment. The company's Materials Technologies business, which Air Products intends to spin-off by September 2016, serves the semiconductor, polyurethanes, cleaning and coatings, and adhesives industries.
The company had fiscal 2015 sales of $9.9 billion and was ranked number 284 on the Fortune 500 annual list of public companies. Approximately 20,000 employees in 50 countries strive to make Air Products the world's safest and best performing Industrial Gases company, providing sustainable offerings and excellent service to all customers. For more information, visit www.airproducts.com.
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SOURCE Air Products