- HOYER expands gas container fleet
- RasGas officially inaugurates Qatar II plant
- New joint venture in Oman
- Praxair announce CO2 purification facility
- Linde in protein processor improvement
Latest financial news
Net sales of gas increased by RUB 244,291m, or 20%, to RUB 1,488,417m in the six months ended June 30, 2013 compared to the six months ended June 30, 2012.
Acquisition enables the company to expand its presence in Europe and leverage strengths in the high purity and medical gas control markets globally.
The notes are being offered under the company’s universal shelf registration statement and is expected to close on November 12, 2013.
Sales of $3bn are 9% up when compared to the previous year’s quarter. Other notable announcements include the start-up of a hydrogen supply to Valero Saint Charles.
Sales of $10.2bn in 2013 are up 6% versus previous year for Air Products, as well as fourth quarter income. But yearly profit has sunk to $1.03bn in 2013, compared to 2012 figure of $1.19bn.
Latest mergers & acquisitions
Company announces the purchase of a 67% majority stake in Indura – which is South America’s largest independent industrial gas company.
The Swedish company Gas Control Equipment (GCE) is now the second largest player within the equipment for industrial gas applications in Russia following the deal and increases GCE’s annual turnover to approximately €120m - an increase of more than 10%.
The European Commission has approved of Linde AG’s purchase of Air Products’ Continental-European homecare business. The deal, which has an enterprise value of €590m and was given unconditional approval yesterday 18th April, is expected to be closed by the end of this month.
The North American industrial gas company, Air Products, has publicised the completed acquisition of DuPont’s stake in DuPont Air Products NanoMaterials LLC JV.
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.
Sales in the first quarter were $2.840m, an increase of 5% compared to $2.702m in the previous year.
However, Chairman, President and CEO, John McGlade said there was, “positive impact from… pricing efforts and new plants.”
Foster Wheeler AG, the Swiss global engineering, construction contractor and power equipment supplier has revealed a decline in quarterly fiscal results for 2011 - attributed in part to lower EBITDA.
Taiyo Nippon Sanso Corporation, TNSC has released its fiscal report for the first three quarters of 2012, certain sectors have seen sales depreciate.
Afrox, a subsidiary of The Linde Group has recorded an 11% increase in annual revenue for the period ended 31st December 2011. Revenue also exceeded the R5bn mark.
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.
Is helium demand likely to be less than it once was due to measures taken during global shortages?
Butler Gas Products of Pennsylvania has just announced the promotion of Bob Urie from General Manager of Purchasing and Branch Operations to the new Vice President of Operations.
Pennsylvanian based North American industrial gas company, Airgas, Inc., has appointed Doug Sherman Vice President of Communications.
Gas detection expert, Industrial Scientific Corporation has promoted Kevin Miller to Chief Operating Officer and Vice President. This marks the second high level appointment for the firm in recent weeks.