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January 25, 2012
Praxair today reported fourth-quarter net income of $420 million, or $1.38/share, on sales up 7% year-on-year, to $2.8 billion. Earnings more than tripled due to an income tax...
http://www.chemweek.com/markets/industrial_gases/Praxair-Earnings-Rise-on-Charges-Sales-2012-Guidance-Below-Estimates_40750.html
January 24, 2012
Air Products today reported fiscal first-quarter earnings of $292 million, down 1% from the same period last year, on revenues up 1% to $2.42 billion. Earnings totaled $1.36/share...
http://www.chemweek.com/markets/industrial_gases/Air-Products-Earnings-Fall-1-percent-Meet-Estimates_40721.html
January 16, 2012
Evonik Industries has introduced a novel membrane for purifying raw biogas into pure, usable biomethane, by removing CO2. The technology, which is comprised of multiple cylindrical...
http://www.chemweek.com/markets/industrial_gases/Evonik-Introduces-Polymer-Membrane-for-Purifying-Biogas_40455.html
January 10, 2012
Praxair says it Praxair Distribution subsidiary has acquired Welders Industrial Supply (WIS; Pasadena, TX). WIS, founded in 2009, is an independent distributor of industrial and...
http://www.chemweek.com/markets/industrial_gases/Praxair-Acquires-Welders-Industrial-Supply_40343.html
January 9, 2012
Industrial gases firms expect demand and earnings to grow again in 2012 as new capacity comes onstream and manufacturing growth in emerging markets offsets weakness in developed...
http://www.chemweek.com/markets/industrial_gases/Industrial-Gases-Steady-Advance_40277.html
January 9, 2012
Air Products has agreed to sell its homecare business in continental Europe to Linde for €590 million. The business specializes in patient-based oxygen-therapy, sleep-therapy, and infusion-therapy services. It has a total patient base of about 260,000 and generated revenues of approximately €210 million in 2011. It has operations in Belgium, Germany, France, Portugal, and Spain....
http://www.chemweek.com/markets/industrial_gases/Linde-to-Buy-Air-Products-Homecare-Business-in-Five-European-Countries_40307.html
December 15, 2011
Air Products says it has signed a long-term contract with Shaanxi Future Energy Chemical and will build, own and operate the largest on-site air separation unit (ASU) order ever...
http://www.chemweek.com/markets/industrial_gases/Air-Products-to-Build-Large-ASU-in-China-Starts-up-High-Purity-Ammonia-Plant_39789.html
December 14, 2011
Linde says it will build a 470-ton/day air separation plant at Lewisville, AR. The plant will produce liquid nitrogen and oxygen to meet rapidly growing demand in Arkansas, Louisiana...
http://www.chemweek.com/markets/industrial_gases/Linde-to-Build-Air-Separation-Plant-in-Arkansas_39755.html
December 14, 2011
Air Products says its Inox Air Products (Mumbai) joint venture will invest more than $50 million to construct two new air separation units (ASU) for the growing merchant industrial gas...
http://www.chemweek.com/markets/industrial_gases/Air-Products-JV-to-Invest-$50-Million-to-Build-ASUs-in-India_39744.html
December 8, 2011
Air Liquide says its wholly owned subsidiary in Singapore, Soxal, will invest about €35 million ($46.4 million) to expand its industrial gas infrastructure on Jurong Island...
http://www.chemweek.com/markets/industrial_gases/Air-Liquide-to-Supply-Gases-to-Petrochemical-Company-in-Singapore_39399.html
December 5, 2011
Linde says it will build and operate a new hydrogen plant in the Jilin Chemical Industrial Park (JCIP) at Jilin, China, and will invest about €42 million ($56 million) in the...
http://www.chemweek.com/markets/industrial_gases/Linde-to-Build-Hydrogen-Plant-for-Chemical-Complex-in-China_39486.html
November 29, 2011
Linde says it has signed an agreement to manage the entire gas supply system for steel company Hebei Puyang Iron and Steel (Wu'an, Hebei Province, China). Linde will invest about...
http://www.chemweek.com/markets/industrial_gases/Linde-Signs-Gas-Supply-Deal-in-China-to-Invest-&euro120-Million-in-the-Project_39374.html
November 22, 2011
Air Liquide has signed a deal with Sinopec for the supply of gaseous oxygen and nitrogen to its subsidiary Sinopec Maoming Company’s (MPCC; Maoming, Guangdong province, China)...
http://www.chemweek.com/markets/industrial_gases/Air-Liquide-Signs-Gas-Supply-Deal-with-Sinopec_39193.html
November 17, 2011
Praxair has signed a contract to supply oxygen for pulp bleaching in the processing of paper products to Jiangsu Oji Paper (Nantong, Jiangsu Province, China), a subsidiary of Oji Paper...
http://www.chemweek.com/markets/industrial_gases/Praxair-to-Supply-Oxygen-to-Paper-Manufacturer-in-China_39114.html
November 16, 2011
Praxair has signed a 15-year contract to supply oxygen to a pulp mill complex being built in Punta Pereira, Uruguay. The mill will be operated by Montes del Plata, a 50-50 joint...
http://www.chemweek.com/markets/industrial_gases/Praxair-to-Supply-Oxygen-to-Uruguayan-Pulp-Mill_39093.html
November 15, 2011
Praxair China Investment (Shanghai), a Praxair subsidiary, says it has signed a long-term contract to supply oxygen and oxy-fuel technology for the solar photovoltaic glass production...
http://www.chemweek.com/markets/industrial_gases/Praxair-Signs-Gas-Supply-Deal-with-Chinese-Firm_39041.html
November 8, 2011
Air Liquide has started production at its air separation unit (ASU) at Rancho Cucamonga, CA. The new energy-efficient unit will enable Air Liquide to increase its supply of industrial...
http://www.chemweek.com/markets/industrial_gases/Air-Liquide-Starts-Up-Air-Separation-Unit-in-California_38922.html
November 7, 2011
Fluor says it has acquired Air Products’ subsidiary Goar, Allison & Associates (GAA; Tyler, TX), a process engineering firm specializing in sulfur recovery technologies for...
http://www.chemweek.com/markets/industrial_gases/Fluor-Buys-Sulfur-Technology-Firm-from-Air-Products_38911.html
November 3, 2011
Linde says that Linde LienHwa (LLH), a joint venture in China between Linde and LienHwa MiTAC of Taiwan, has opened the previously announced major ultra-high purity gas plant at the...
http://www.chemweek.com/markets/industrial_gases/Linde-Opens-Ultra-High-Purity-Gas-Plant-in-China_38791.html
November 2, 2011
Praxair has acquired American Gas Group (AGG; Toledo, OH). AGG is one of the largest independent specialty gas producers in North America and packages a variety of specialty gases...
http://www.chemweek.com/markets/industrial_gases/Praxair-Acquires-American-Gas-Group_38759.html
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