Avi Ganesan's questions to Air Products and Chemicals Inc (APD) leadership • Q1 2025
Question
Speaking on behalf of Michael Sison from Wells Fargo & Company, Avi Ganesan asked if the company was pursuing price increases in the Americas and Asia with the same focus as in Europe. He also inquired about the capital cost of the Uzbekistan plant upgrades.
Answer
Chief Financial Officer Melissa Schaeffer affirmed that pricing is a daily focus across all regions, not just Europe. She clarified that the Uzbekistan upgrades require no additional capital outlay, as the cost was negotiated into the acquisition price and will be realized as a discount on a future payment.