Archives :: Markets :: Industrial Gases
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December 3, 2007Airgas says it has acquired Wright Welding Supply (Des Moines, IA), Basin Welding Supply (Odessa, TX), and Mainland Welding Supplies (Surrey, BC), all distributors of industrial gases...
November 12, 2007Air Liquide says it has decided to invest €60 million ($88 million) to set up a unit for the liquefaction of nitrogen, oxygen, and argon in the Ulm, Germany region. The unit will...
November 9, 2007Airgas says it has acquired industrial packaged gases distributors Central Welding Supply (CWS; Ennis, TX) and Texas Industrial Gas (TIG; Houston) in two separate transactions. Terms...
October 30, 2007Industrial gases firms say that earnings for the quarter ended September 30 rose on higher selling prices and volumes. Air Products and Praxair each beat the consensus of...
October 25, 2007It will be Vietnam's biggest air separation plant....
October 24, 2007Praxair reported net income up 25%, to $305 million (94 cts/share), on sales up 13%, to about $2.4 billion because of new business, improved pricing and operational efficiencies. The...
October 19, 2007Airgas (Radnor, PA) continues to build on its leading position in packaged gases, targeting internal growth and acquisitions aimed at lifting annual revenues to $5 billion by 2011. The company started operations in 1982 with sales of just $3.5 million and now accounts for nearly one-quarter of the $11 billion-$12 billion U.S. packaged gas and hardgoods market....
October 17, 2007Air Products and Matheson Tri-Gas say they have formed a joint venture to build and operate a liquid helium production plant near Big Piney, WY. The facility would have initial...
October 12, 2007The company expects construction of the 450-ton/day plant to be completed by late 2008....
October 3, 2007Air Liquide says it has agreed to acquire Scott Specialty Gases (Plumsteadville, PA), a producer of specialty gases. Terms were not disclosed. Scott has annual sales of about $88...
October 3, 2007Praxair says its subsidiary Praxair Distribution has agreed to form an industrial gases distribution joint venture with industrial, medical, and specialty gases distributors Welco-CGI...
September 12, 2007Air Products says it has entered into a long-term agreement to supply nitrogen to Hynix Semiconductor's (Icheon, Korea) new back-end test and packaging fab that Hynix is building at...
September 11, 2007
Airgas says it expects annual revenues to exceed $5 billion in its 2011 fiscal year, boosted by strong growth in existing operations and continued acquisitions....
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