- HyGear acquires funding for development of GTL plant
- MOCON launches non-invasive oxygen analyser capability for pharmaceutical applications
- New EtherCAT® fieldbus interface for Bronkhorst flow instruments
- Cryogas Express meets the long-haul challenge
- BOC and New Zealand Steel sign air gases supply contract
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Latest financial news
Gulf Cryo broadens product portfolio with acquisition
Gulf Cryo, manufacturer of industrial, medical and specialty gases in the Middle East has ratified its footing in the region with its latest acquisition in Jordan.
Expansion and Acquisitions - highlights of Air Liquide's fiscal 2011 report
Yesterday, tier one industrial gas player, Air Liquide publicised its consolidated financial report for 2011. Highlights included sizeable sales in developing economies but slower growth in electronics and steel-making.
Linde and Cryostar pivotal to turn-key geothermal plant
Linde Engineering has announced plans to instal a turn-key geothermal power plant for GEOenergie Kirchweidach GmbH at Kichweidach in Germany. French company Cryostar is also playing a part, supplying the ORC technology and the expansion turbine.
Linde acquires Carbo-V® Technology
Linde Engineering Dresden GmbH has acquired the Carbo-V® Technology of the insolvent Choren Industries GmbH, Freiberg from the insolvency administrator Dr Bruno M Kübler
'Fastest growing player in South Africa' Air Liquide's €40m investment
Air Liquide has signed a long-term contract with Evraz Highveld Steel and Vanadium – South Africa’s second largest steel producer.
Latest mergers & acquisitions
REGO invests in Integrated Gas Technologies (IGT) of Denmark
RegO Products has made a significant investment in Integrated Gas Technologies (IGT) of Denmark, allowing the company to grow it’s reach and market share in this market.
SGD Inc. pledges to look at other ‘possibilities’ after acquisition
President of SGD Inc., Frank Scornavacca has announced the acquisition of Special Gas Supplies LLC. He has also intimated that further acquisitions are being considered.
Air Products acquires 25% stake in Abdullah Hashim
Air Products has agreed to acquire a 25% stake in the largest privately owned industrial gases company in Saudi Arabia, Abdullah Hashim Industrial Gases & Equipment Co. Ltd.
Air Liquide 'delighted' with SME acquisition
The French industrial gas tier one magnate, Air Liquide, has acquired German SME, Licher Medical Therapy (LMT).
Company profiles
Adanac – 25 years of process valve solutions Subscription
Adanac has been involved in cryogenics since 1986. Over this time the company has worked to understand how materials behave and perform at such extreme temperatures and apply this scientific understanding to developing valve products suitable for use with cryogenic applications.
Poll
Is the industrial gases business doing enough to establish its green credentials?
Fiscal reports
Expansion and Acquisitions - highlights of Air Liquide's fiscal 2011 report
Yesterday, tier one industrial gas player, Air Liquide publicised its consolidated financial report for 2011. Highlights included sizeable sales in developing economies but slower growth in electronics and steel-making.
Airgas reports encouraging third quarter earnings
The North American industrial gas specialist, Airgas has unveiled buoyant results during the third quarter of 2012. Highlights include a 12% increase in sales alongside a 21% incline in adjusted diluted EPS on the prior year.
After ‘record earnings’ Airgas raises full-year guidance
Airgas, Inc., has publicised “record earnings” in the fiscal second quarter of 2012. Consequently the firm has raised its full-year guidance.
Sturdy fiscal quarter and Linde confirms upward outlook
Continuing this week’s fiscal announcements, the global industrial gas firm, The Linde Group has publicised positive fiscal results and reiterated the strength of the industrial gas sector.
Praxair sees 'solid growth in all geographies' except Europe
Praxair, Inc. has reported third-quarter net income and diluted earnings per share of $429 million and $1.40, 14% and 16% above the prior-year quarter, respectively.
Recent appointments
Stateside job creation thanks to Airgas
The industrial gas community is a labour-intensive sector, nevertheless Airgas was recently recognised for significant job creation by the State Department of Commerce.
Promotions in Praxair
Both Eduardo Menezes and Scott Telesz are due congratulations after being promoted Executive Vice Presidents for the Danbury based industrial gas giant, Praxair.
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Further financial news
Stateside job creation thanks to Airgas
The industrial gas community is a labour-intensive sector, nevertheless Airgas was recently recognised for significant job creation by the State Department of Commerce.
Promotions in Praxair
Both Eduardo Menezes and Scott Telesz are due congratulations after being promoted Executive Vice Presidents for the Danbury based industrial gas giant, Praxair.
Praxair authorises $1.5bn share repurchase program
Praxair, Inc. has authorised a new share repurchase program for up to $1.5bn of its common stock. According to the North American firm, the move reflects a strong balance sheet and free cash-flow.
