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INDUSTRIAL GASES

Air Products begins operating DOE carbon-capture project

2:34 PM MDT | May 21, 2013 | —Lindsay Frost

Air Products says it has has successfully begun operating its carbon recovery project at Port Arthur, TX, as a part of a Department of Energy’s (DOE) demonstration project that will capture about 1 million tons of carbon dioxide (CO2) annually....


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Air Products helium deal

Air Products has signed an agreement with Gazprom (Moscow) that confirms Air Products’ plans to purchase Gazprom-supplied helium. Gazprom says it is developing natural gas resources in eastern Siberia and plans to start large-scale helium production...

Air Products, Praxair support the Helium Stewardship Act

Praxair and Air Products have announced their support of the Helium Stewardship Act of 2013, which seeks to to reform and reauthorize private helium sales from the federal helium reservoir amid dwindling supply from the US Bureau of Land Management (BLM)...

Air Products, Praxair announce support of Helium Stewardship Act

Praxair and Air Products have announced their support of  the Helium Stewardship Act of 2013, which seeks to to reform and reauthorize private helium sales from the federal helium reservoir amid dwindling supply from the US Bureau of Land Management...

Airgas reports modest growth on uncertain economic environment

Airgas reported its fiscal fourth quarter and full year earnings today—with net earnings for the quarter down slightly, and a modest gain in sales, citing the impact of continued economic uncertainty and moderation in business conditions. Net income...

Air Products to supply LNG exchanger for Cove Point liquefaction project in Maryland

Air Products announced it has received a liquefied natural gas (LNG) heat exchanger order for a liquefaction project at Lusby, MD. The company will supply its LNG liquefaction equipment to a joint venture of IHI E&C International Corp. (Houston) and...

Argentina's chemicals output up 2.6% during the first quarter

Chemical production in Argentina was up 2.6% during the first quarter of this year compared with the same quarter in 2012, according to figures released by state statistics office Indec (Buenos Aires). The report did not include specific volume or sales...

Praxair reports sales growth, earnings drop on foreign currency translation

Praxair reports first-quarter sales growth despite weakness in Europe, but foreign currency translation negatively impacted the company’s earnings. Net income fell 7% year-on-year (YOY), to $391 million, and includes a $23 million pretax charge related...

Air Liquide's first-quarter sales down 2%, confirms forecast for 2013

Air Liquide posted €3.69 billion ($4.80 billion) in revenue during the first quarter of the year, a decline of 2% compared with the prior year due largely to currency and natural gas impacts. "In an economic environment that remains contrasted, the first quarter saw the pursuit of growth investments, and an increase in our underlying growth in gas and services by almost 5%," says Benoît Potier, chairman/CEO of Air Liquide....

Air Products net income declines 1.6%

Air Products reports that net income decreased slightly year-on-year (YOY)—down 1.6%, to $290.4 million. Adjusted earnings per share of $1.37/share, up 5.4% YOY, were in line with analyst estimates, according to Thomson Reuters (New York). Sales of...

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