IHS Chemical Week

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February 21, 2011
Linde says its Linde Philippines (Pasig, Philippines) subsidiary will invest Philippine pesos219 million ($5 million) to build a new 24-m.t./day carbon dioxide (CO2) plant at the...
February 16, 2011
Air Products abandoned its $5.9-billion hostile bid for Airgas this evening following a decision by the Delaware Chancery Court that upheld Airgas’ poison pill, preventing a shareholder vote on Air Products’ $70/share offer. “It is abundantly clear that the Airgas board is thoroughly entrenched in its position, so we have decided to withdraw our offer and move on,” says Air Products chairman and CEO John McGlade....
February 15, 2011
Air Liquide recorded a 14% rise in net profits for 2010, to €1.4 billion ($1.9 billion) compared with 2009, on sales up 12.6%, to €13.48 billion. The progressive recovery in...
February 14, 2011
Linde says its Ceylon Oxygen (Colombo, Sri Lanka) subsidiary will invest LKR1.3 billion ($12 million) to install a new 65 m.t./day merchant air separation unit (ASU) at Sapugaskanda...
January 25, 2011
Praxair says its Praxair Electronics business has won three new contracts from customers in the solar industry in China. Praxair will supply silane, ammonia and bulk atmospheric gases...
January 24, 2011
Air Liquide has commissioned two air separation plants in Poland with a combined capacity for 1,700 m.t./day. The plants are the biggest liquid and gas source in central and eastern...
January 21, 2011
Airgas reported net earnings of $55.8 million in its fiscal third quarter ended December 31, 2010, up 19% from the same period last year. Excluding charges totaling 15 cts/share...
January 21, 2011
Air Products reported net income of $296 million in its fiscal first quarter ended December 31, 2010, up 17% from the year-ago period, excluding a $27-million after-tax charge related...
January 12, 2011
The jv, named Hydrochlor, will build a facility to process and package HCl supplied via pipeline at Dow Chemical’s Freeport, TX site....
January 12, 2011
Air Products says it Air Products San Fu subsidiary in Taiwan has signed a letter of intent with United Microelectronics Corporation (UMC; Hsinchu, Taiwan) to provide nitrogen and bulk...
January 12, 2011
Air Liquide says it will build an air separation unit (ASU) and cylinder filling station at Pune, India. The ASU will begin operation in 2012 and will produce over 200 m.t./day of...
January 3, 2011
Airgas says it has acquired Conley Gas (La Porte, TX), a $9-million/year supplier of pure gases to the specialty gas industry. Terms were not disclosed. Conley, which also has...
December 15, 2010
Air Products says its Inox Air Products (Mumbai) joint venture will construct three air separation units (ASU) and liquefiers for the merchant market and also build a fourth plant for...
December 10, 2010
Air Products has raised its offer to acquire Airgas by about 7%, to $70/share. Air Products say the offer, which expires January 14, 2011, is its “best and final” and will...
December 1, 2010
The Chinese LED industry is growing rapidly, with the level of investment during 2009 and the first half of 2010 exceeding that of the past several decades, Linde says....
November 29, 2010
The Delaware Chancery Court has ruled that Air Products’ proposed change to Airgas’ bylaws that would have required Airgas to hold all future annual meetings in January is...
November 28, 2010
Air Liquide says it will invest about €70 million ($93 million) to build and operate two air separation units (ASUs) with a total installed oxygen capacity of over 1,800 m.t./day...
November 24, 2010
Air Liquide says it has signed a long-term gas supply contract with Tongmei Guangfa Chemical Industry. Air Liquide will invest about €60 million ($80 million) in a large air...
November 22, 2010
Praxair says its Praxair Mexico subsidiary has started up a new air separation unit with the capacity of 400 m.t./day and has also increased its liquid storage capacity in the San...
November 16, 2010
Linde says it has signed a new agreement to expand its gas supply deal with GCL-Poly Energy (Hong Kong), the largest producer of highly purified polycrystalline silicon in China. Linde...
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