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February 9, 2010
Airgas has rejected Air Products' $7-billion takeover bid, noting that the offer “very significantly undervalues Airgas and its future prospects.” Air Products maintains that its $60/share offer will create more value "for Airgas shareholders than Airgas can achieve on a standalone basis."...
February 5, 2010
The bid values Airgas at $7 billion, and would create the largest industrial gases company in North America....
February 5, 2010
Air Products has made a $7 billion hostile bid to takeover Airgas and move into the packaged gases market. The combination would create North America's largest industrial gases...
January 25, 2010
Praxair's direct-injection technology, which uses nitrogen along with fuel gas to improve the heat-treating phase of steel production, will be installed at a planned steel mill in...
January 22, 2010
Net income was $252 million ($1.16/share) for the quarter ended December 31, up 20% from the year-ago quarter excluding restructuring charges. Revenues fell 1% to $2.2 billion as lower energy and raw material costs more than offset higher volumes and favorable currency impacts....
January 20, 2010
Air Liquide says it will invest €30 million ($42 million) to increase production capacity of liquefied gases (oxygen, nitrogen and argon) by about 540 m.t./day in India. The...
January 20, 2010
R&D projects already well underway within many gases firms are set to underpin a range of low-carbon technologies including capture and storage (CCS), algae-to-fuel, and systems...
December 21, 2009
Air Liquide says it has signed several new contracts with crystalline-Silicon (c-Si) solar cell manufacturers in China. Air Liquide says it will invest over €10 million ($14...
December 18, 2009
Air Liquide says its Shanghai Chemical Industry Park Industrial Gases (SCIPIG) joint venture with Praxair, has signed a new 15-year industrial gases contract with Bayer Polyurethanes...
December 17, 2009
If built, the system would concentrate carbon dioxide (CO2) from two Air Products' steam methane reformer waste streams and deliver the CO2 via pipeline to the Oyster Bayou oilfield for enhanced oil recovery efforts....
December 2, 2009
The technology, called Hydrogen Generation Module (HGM), can produce high purity hydrogen for applications including float glass production, heat treatment of metals, hydrogen energy, and photovoltaic processes....
December 2, 2009
Air Liquide has announced changes within its management team effective January 1, 2010, following a decision by Klaus Schmieder, senior executive v.p. to retire end of 2009. The...
December 1, 2009
Airgas has acquired Tri-Tech (Tampa, FL). Tri-Tech has annual sales of about $31 million, with 16 facilities throughout Florida, Georgia, and South Carolina. Airgas...
November 23, 2009
Praxair China (Shanghai), a Praxair subsidiary, says it has signed a multi-year agreement with Magi Solar Energy Technology, to supply bulk and process gases for Magi’s solar...
November 18, 2009
 Air Liquide says it will double its liquid oxygen and nitrogen capacity in Alaska with a new production unit at Anchorage. The new unit is scheduled to start up in the fall of...
November 16, 2009
Airgas has purchased Tri-Tech (Tampa, FL), a distributor of industrial, medical and specialty gases with locations in the southeastern U.S., the company announced today. While exact...
November 16, 2009
Investcorp (Manama), an asset management firm specializing in alternative invstments, says that its Gulf Opportunity Fund will acquire a 20% stake in Gulf Cryo (Safat, Kuwait), the al...
November 11, 2009
Praxair has issued $400 million in new debt securities due in 2012, the company announced today. The debt carries an interest rate of 1.75%. The current debt issue is expected to close...
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