Corporate Profile: Air Products & Chemicals

Air Products is a leading gas, material, equipment and services supplier, having approximately $10 billion in revenue in FY 2007 and operations in more than 40 countries. The company is known for its operational excellence and innovative culture, and was a featured corporation at this year’s TechConnect Summit.
Vincent Magnotta

Vincent Magnotta

Manager, Corporate Technology Transfer

Air Products & Chemicals

Mr. Vincent Magnotta, Manager of Corporate Technology Transfer at Air Products & Chemicals, gave a Corporate Needs talk at this year’s TechConnect Summit, which took place June 3-5 at the Hynes Convention Center, Boston, MA. This was Mr. Magnotta’s second year presenting the technology needs and investment areas of interest for the global company.

Air Products has an open innovation policy, and he told attendees at TechConnect, “We (Air Products) are always looking for technology partnerships to get to market faster, better, and at lower cost. He advocated redefining the Open Innovation to include open internal communications and technology transfer -typical partnerships include licensing - in, sponsored research, and joint developments (with a company, university, institute, or the government).”

At the 2008 TechConnect Summit, Mr. Magnotta also described to attendees the company’s four growth platforms, which include: Electronic Materials, Energy, Performance Materials and Healthcare. He then went into further detail about the specific technology needs of Air Products in each of their identified growth platforms. Mr. Magnotta continues to search for external partners who match his company’s growth platform needs. He welcomes you to present your offerings. To view his complete PowerPoint presentation from June, please click here.

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