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 company. However, Airgas has refused to engage Air Products in discussions over...
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 Jiangsu...
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....
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 production capacity of liquid gases will be increased by 400 m.t./day at Panipat...
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 enabling the use of hydrogen as a fuel. Not only could this be good for the...
The combined value of the contracts exceeds €500 million....
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 million) to supply carrier gases and specialty gases to JA Solar...
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 Shanghai. SCIPIG is a 50-50 jv between Praxair and Air...
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....
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