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Air Products to build air separation unit in Florida By Investing.com
Air Products announced it will construct and operate a new air separation unit in Cocoa, Florida, expected to begin operations in the second half of 2028. This facility will produce liquid oxygen, nitrogen, and argon, primarily to support space launch providers in Florida and serve regional industrial and medical markets. The company, with a market capitalization of $67.6 billion, has seen its stock rise 24.6% year-to-date, though InvestingPro analysis suggests it may be overvalued.