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Business
Air Products Moves On Chemical Spin-Off
by Michael McCoy
January 4, 2016
| A version of this story appeared in
Volume 94, Issue 1
Air Products & Chemicals is advancing plans to spin off its chemical business as Versum Materials. The industrial gases firm filed an initial Form 10 with the Securities & Exchange Commission indicating that it expects to complete the spin-off on the New York Stock Exchange by September or earlier. Air Products also unveiled the company’s logo (shown), which is intended to communicate moving forward, energy, and forward-thinking ideas taking flight.
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