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February 22, 2010
Airgas’s board of directors has recommended that its shareholders reject Air Products’ proposal to acquire Airgas through a hostile takeover. Air Products launched its...
http://www.chemweek.com/markets/industrial_gases/Airgas-Urges-Shareholders-to-Reject-Air-Products-Bid_24918.html
February 12, 2010
Air Products commenced a $5.1-billion hostile bid to acquire Airgas last week after several private and public approaches were rejected....
http://www.chemweek.com/markets/industrial_gases/Air-Products-Launches-Hostile-Bid-For-Airgas_24737.html
February 12, 2010
Air Products says it has commenced a fully financed hostile tender offer for all of Airgas's outstanding shares for $60/share. Air Products made an unsolicited $60/share bid for Airgas on February 5, which Airgas turned down. Airgas claims the $7-billion bid “very significantly undervalues Airgas and its future prospects.” Air Products, meanwhile, maintains that its offer will create more value "for Airgas shareholders than Airgas can achieve on a standalone basis."...
http://www.chemweek.com/markets/industrial_gases/Air-Products-Goes-Hostile-in-Bid-to-Acquire-Airgas_24709.html
February 12, 2010
Air Products appears to see big things in small packages, again. After a brisk exit from the North American packaged gases sector in 2002, it is seeking a grand reentrance via a...
http://www.chemweek.com/markets/industrial_gases/Something-in-the-Air_24729.html
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."...
http://www.chemweek.com/markets/industrial_gases/Airgas-Rejects-Air-Products-Takeover-Bid_24672.html
February 5, 2010
The bid values Airgas at $7 billion, and would create the largest industrial gases company in North America....
http://www.chemweek.com/markets/industrial_gases/Air-Products-Makes-Unsolicited-Offer-to-Acquire-Airgas_24609.html
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...
http://www.chemweek.com/markets/industrial_gases/Weekly-Round-Up-February-5-Hostile-Gases_24625.html
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...
http://www.chemweek.com/markets/industrial_gases/Praxair-Technology-to-be-Installed-at-Chinese-Steel-Mill_24339.html
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....
http://www.chemweek.com/markets/industrial_gases/Air-Products-Earnings-Up-20-percent-as-Volumes-Rebound_24314.html
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...
http://www.chemweek.com/markets/industrial_gases/Air-Liquide-to-Increase-Production-Capacity-in-India_24222.html
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...
http://www.chemweek.com/markets/industrial_gases/Gases-Firms-Develop-Next-Generation-Green-Products-Plug-into-CCS_24171.html
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...
http://www.chemweek.com/markets/industrial_gases/Air-Liquide-Bags-PV-Contracts-in-China_23702.html
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...
http://www.chemweek.com/markets/industrial_gases/Air-Liquide-Praxair-JV-to-Supply-Gases-to-Bayer-Polyurethane-Facility-in-Shanghai_23673.html
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....
http://www.chemweek.com/markets/industrial_gases/Air-Products-Studies-Port-Arthur-CCS-Project_23597.html
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....
http://www.chemweek.com/markets/industrial_gases/Air-Liquide-Acquires-Methane-Reformer-Technology_23219.html
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...
http://www.chemweek.com/markets/industrial_gases/Air-Liquide-Announces-Management-Changes_23214.html
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...
http://www.chemweek.com/markets/industrial_gases/Airgas-Buys-Tri-TEch_23138.html
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...
http://www.chemweek.com/markets/industrial_gases/Praxair-to-Supply-Gases-to-Solar-Cell-Facility-in-China_22945.html
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