Out of Thin Air: A History of Air Products and Chemicals, Inc., 1940-1990

By Andrew J. Butrica; Deborah G. Douglas | Go to book overview

firm's managers, employees, stockholders, and customers had every reason to be optimistic about the future of this successful enterprise.


Notes
1.
"Why Air Products May Float Even Higher," Business Week ( June 17, 1988): 80; "Keeping the Cow, Selling the Milk," Forbes 143 ( March 20, 1989): 40-41.
2.
Ed Donley interview, 29 January 1988, APHO.
3.
"Air Products Licenses CVD Technology," Today ( November 1986) 123: 5; "Industrial Microbiology Complex Opens," Today ( February 1986) 116: 11.
4.
Standard and Poor's Industry Surveys, Chemicals, 24 October 1985, See. 1, pp. C 22-23 and 13 October 1988, Sec. 3, pp. C 21-22; "Money from Nothing," Economist 308 ( 10 September 1988): 88; Alice Agoos, "Industrial Gases Travel an Upward Road," Chemical Week 138 ( January 1986): 45-47.
5.
"Atmospheric Gases Make it Big in Electronics," Chemical Week 135 ( 14 November 1984): 40-41. Stanley Roman joined Air Products in 1967 as a CDP, with a B.S. from the U.S. Naval Academy. Robert Gadomski came to Air Products in 1970 as a CDP. He had a B.S. in chemical engineering and an M.S. in industrial administration from Purdue University.
6.
"NASA Commendations for Air Products' Hydrogen Team," Today ( November 1988) 131: 3; Universities Research Association, Supercollider R&D, March 1988 ( Washington, D.C.: Universities Research Association, 1988); Universities Research Association, Matter--The Superconducting Super Collider ( Washington, D. C.: Universities Research Association, 1989).
7.
While Air Products does not own the National Helium Plant, the firm will operate it under a fifteen-year lease for the owners.
8.
"Innovation Creates a New Market for Helium," Today ( May 1988) 129: 4-5.
9.
"How a Technical Idea Became a Commercial Reality," Today ( June 1986) 120: 7-10; "More Successes for Airopak Containers," Today ( August 1988) 130: 11.
10.
"Cryogenic Heat Exchanger Ordered for Indonesia," Today ( April 1987) 125: 16; "Still Setting a Torrid Pace in Heat Exchangers," Today ( May 1988) 129: 10.
11.
"Advanced Separations Department Formed," Today ( July 1987) 126: 17.
12.
"Gearing Up for PSA Demand," Today ( December 1989) 135: 12.
13.
"Why Air Products May Float Even Higher," p. 80; "Money from Nothing," p. 88.
14.
"Money from Nothing," p. 88.

-292-

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Out of Thin Air: A History of Air Products and Chemicals, Inc., 1940-1990
Table of contents

Table of contents

  • Title Page iii
  • Contents v
  • Figures and Tables ix
  • Acknowledgments xiii
  • Introduction xv
  • PART I THE ROOTS OF ENTERPRISE 1
  • 1: The Entrepreneur and the Engineer 3
  • 2: Air Products at War 25
  • PART II COMING OF AGE 49
  • 3: Survival and Strategies 51
  • Notes 82
  • 4: Air Products Comes of Age 83
  • 5: The Technological Enterprise and Its Culture 109
  • PART III THE MODERN FIRM EMERGES 137
  • 6: Charting a New Course 139
  • Notes 169
  • 7: Investing in the Future 171
  • 8: Triumphs and Troubles 199
  • PART IV A FORTUNE 500 CORPORATION 231
  • 9: Maturity 233
  • Notes 261
  • 10: Planning for Growth 265
  • Notes 292
  • Technical Appendix 295
  • Note 301
  • Bibliography 303
  • Index 307
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