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Fracking and natural gas have been such common words in recent forums and the gas receptacle world has not been left out. If anything, both the gas cylinder and automotive industries have been preparing for this ‘green’ fuel alternative for several decades and have considered not only the output post the fracking process – compressed natural gas (CNG) – but also hydrogen as potential future fuels.
The future of welding is closely linked to the manufacturing industry, which is currently showing no signs of real growth. There are many issues in the macro-environment to deal with, but welding remains a challenging and exciting industry to be in as 2014 unfolds.
Let’s face it, there is almost no product differentiation in industrial gas. In today’s ultra- competitive market, with tight margins and pressure to optimise operational efficiencies, increasing productivity in distribution and reducing the carbon footprint has never been more important.
Fuelling ships in the Nordic regions; shale gas fields in the US; vehicle use across the globe; an energy resource to power major cities in China and other developing countries - these are just some of the applications which demonstrate the incredible scope and breadth of the LNG industry.
With the news that BASF and Yara are evaluating a possible joint venture into a world-scale ammonia plant in the US, it is clear that both companies are keen to further strengthen their respective operations in the region.
Set to complement its Gulf Coast pipeline supply, Air Products has announced a long-term agreement with Enterprise Products Operating LLC to expand the hydrogen supply relationship between the two companies.
While fracking technology has placed the US as the world’s largest natural gas producer, the lack of approved LNG export terminals has prevented energy companies from competing in the growing global LNG market, says an analyst with GlobalData.
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