Air Products licenses ICEFLY technology to Advanced Research Systems Air Products announced it has licensed its proprietary cryogenic machining technology to Advanced Research Systems, a manufacturer of industrial and research cryogenic equipment. The technology license agreement gives ARS extensive rights to Air Products' patented ICEFLY Cryogenic Machining Technology. Included in the agreement is the transfer of ICEFLY cryogen delivery equipment design information and cryogenic machining know-how developed by Air Products.
Air Products raises quarterly dividend to 81c from 77c per share The dividend is payable on May 11 to shareholders of record at the close of business on April 1. This marks the 33rd consecutive year that Air Products has increased its dividend payment.