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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
October 28, 2011
Linde posted a 15% increase in third-quarter 2011 earnings after taxes compared with the year-earlier period, to €305 million on sales up 4%, to €3.4 billion. Adjusted Ebitda...
http://www.chemweek.com/markets/industrial_gases/Lindes-Earnings-Beat-Estimates-Full-Year-Guidance-Confirmed_38676.html
October 27, 2011
“We are continuing to see solid growth in all geographies with the exception of Europe,” says Praxair chairman and CEO Steve Angel. Praxair reported third-quarter net income of $429 million, 14% above the year-ago quarter. Sales were $2.9 billion, 14% above the previous-year quarter. Chemical sector sales grew 14% year-over-year, and 3% sequentially from second-quarter 2011. Sequential growth in North America chemicals was partly offset by softening in Europe, Praxair says....
http://www.chemweek.com/markets/industrial_gases/Praxair-Third-Quarter-Earnings-Up-14-percent-on-Strong-Manufacturing-Chemicals-Demand_38550.html
October 27, 2011
Airgas fiscal second-quarter earnings rose 17% year-on-year, to $77.7 million, or $1.01/share, on sales up 12%, to $1.19 billion, the company says. Excluding an asset impairment...
http://www.chemweek.com/markets/industrial_gases/Airgas-Increases-Guidance-Earnings-Rise-17-percent_38606.html
October 26, 2011
Air Liquide recorded a 5% rise in third quarter revenue to €3.6 billion ($5 billion) with sales in the gas and services business rising 6% to €3.22 billion. The engineering...
http://www.chemweek.com/markets/industrial_gases/Air-Liquide-Reports-Higher-Revenues-from-Gas-and-Services-but-E-and-C-Sales-Decline_38546.html
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