IHS Chemical Week

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August 5, 2008
Air Liquide says its $200 million investment program in the Mideast is coming to fruition with several air separation plants already onstream while others are expected to begin...
August 4, 2008
Canadian chemical producers say they are bracing for a sharp drop in profitability this year amid fluctuating energy prices, a slow economy, and a rapid increase in the Canadian-U.S. dollar exchange rate. That drop, which some analysts expect to be as much as 30%, follows a record 2007. Chemical demand is also expected to continue to slide, especially if the Canadian dollar remains so strong, industry executives say....
August 4, 2008
Linde reported first-half operating income up 15%, to €1.3 billion. Sales rose 13%, to €6.3 billion. The gases division’s operating income rose 13%, to €1.2...
July 24, 2008
Arkema says it should learn by year-end whether automotive manufacturers will adopt its recently developed coolant R1234yF for use in auto air conditioning applications across the...
July 24, 2008
Industrial gases producers reported a strong second quarter. Praxair’s net income increased 20%, to $342 million ($1.08)/share, on sales up 23%, to $2.9 billion. The consensus of...
July 23, 2008
Net income grew 38% from the prior year, to $68.9 million, as sales increased 22%, to $1.1 billion....
July 9, 2008
Airgas says it will build a 450-m.t./day liquid carbon dioxide (CO2) plant to supply an ethanol plant that First United Ethanol (FUEL; Camille, GA) is constructing at Camilla. Airgas...
May 21, 2008
Air Products says it will build a new air separation unit (ASU) with a high efficiency liquefier facility at Nanticoke, ON. The ASU will supply about 1,200 tons/day of gaseous oxygen to U.S. Steel Canada’s Nanticoke operations....
May 20, 2008
East Coast Oxygen (Bethlehem, PA), the 50-50 joint venture between Air Products and Linde, says it has installed a new liquefaction unit at Bethlehem that expands the faciity’s...
May 2, 2008
Linde says it has sold its Colombian subsidiary Cryogas SA (Medellin, Colombia) to the Chilean industrial gases and welding company Indura SA (Santiago) at an enterprise value of...
April 23, 2008
Praxair reported first-quarter net income up 20%, to $318 million (99 cts/share), excluding a pension settlement charge, on sales up 22%, to about $2.7 billion. The consensus of...
April 21, 2008
The unit will provide additional supplies of industrial gases to a Samsung Electronics facility....
March 25, 2008
Ineos ChlorVinyls says it has reached an agreement to sell its packed chlorine business to Linde’s BOC subsidiary for an undisclosed sum. The deal includes Ineos’ packed chlorine...
March 4, 2008
BOC Lien Hwa (BOCLH), a joint venture between The Linde Group and Lien Hwa, says it has signed a contract with Nexpower Technology (Taichung, Taiwan) for the supply of high-purity...
March 3, 2008
Bolstered by demand from the energy sector and a strong global manufacturing environment, industrial gases makers seem immune to rumblings of an industry slowdown. Sector revenues hit...
March 3, 2008
Airgas says it has acquired the assets and operations of Northeast Gas Technologies (Albany, NY), a distributor of industrial, medical, and specialty gases, for an undisclosed amount...
March 3, 2008
Industrial gases demand thus far has been immune to the recent economic slowdown in North America, with all major players posting solid revenue growth in 2007. Global industrial gases...
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