Linde reported 2009 net income down 16%, to €653 million, on sales down 12%, to €11.2 billion. The gases division's operating profit slipped 2%, to €2.4 billion, on sales down 6%, to €8.9 billion. Sales and profits from the Western...
Linde says that BOC Pakistan (Karachi, Pakistan), which is part of the Linde group, will invest about €17 million ($24 million) to build a new air separation plant and related supply chain equipment at Lahore, Pakistan. The new air separation plant will...
Air Liquide says it will invest approximately €40 million ($54.4 million) in a 1,200-m.t./day air separation plant at Yichun, Heilongjiang Province...
Linde says its Linde Gases division has expanded and upgraded its specialty gases production plant at Johannesburg, South Africa. The €1.12-million investment involved a complete re-engineering of the existing site, to better support the growing demands...
Airgas will issue $300 million in new senior debt in a public offering, the company announced today. The will carry an interest rate of 2.85% and come due in 2013. It will go towards paying down the company's current revolving credit facility, which expires...
The company says it has cushioned the impact of the economic crisis....
Linde says its Linde Gases division has opened its previously announced helium production plant at Darwin, Australia. The plant...
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 hostile bid last week after Airgas rejected its unsolicited $60/share proposal...
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 hostile takeover of Airgas (p. 6). Air Products says that a strategic review...
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