- Full-year results reflect positive 2011 for Praxair
- Mixed first quarter results for Air Products
- GENIE® range of gas cylinders released by Linde Gases
- ASCO Carbon Dioxide Ltd names new Managing Director
- A new milestone for Siemens-Linde cooperation
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Breaking news
Standing room only – EIGA 2012 review part 2
Day two of the European Industrial Gases Association (EIGA) saw workshop momentum accelerate. Indeed, delegates divided into three streams A, B and C- each designed to offer a more focused opportunity for discussion about the respective topics- large plants, cylinder plants and healthcare.
Productivity with conscience: 50th Milestone for Cryolor
Cryolor Asia Pacific reached a milestone earlier this week when its Chennai facility delivered the 50th tank. The achievement, marked with a ceremony, was all the more laudable given the way in which the project was undertaken – with a strong sense of corporate social responsibility.
Electronic Fluorocarbons 'pleased' with new partnership
Electronic Fluorocarbons, LLC has entered a new partnership with the Independent Welding Distributors Cooperative, Inc. The Pennsylvania based company is confident in the new agreement.
Praxair sells advanced component business
Praxair, Inc has sold its advanced components business to FM Industries, Inc. of Fremont, California. FM Industries is a wholly owned subsidiary of NGK Insulators of Japan.
Edwards launches two new GXS vacuum pumps
Edwards, a global manufacturer of vacuum and abatement equipment and services, has extended its range of GXS dry pumps to meet the demands of high volume industrial OEMs and end-users.
Finance
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.
Tenaris group to acquire share in major Brazilian steel producer, via local subsidiary
Tenaris S.A., the parent company of Italian gas cylinder manufacturer TernarisDalmine, has announced that its Brazilian subsidiary has bought into a leading Brazilian steel producer. The subsidiary, Confab Industrial S.A. (Confab), completed an acquisition of 25 million ordinary shares of Usiminas.
Full-year results reflect positive 2011 for Praxair
Praxair, Inc. has reported an enterprising full-year 2011, reflecting on a number of contracts secured and ‘industry-leading profitability’. The Danbury, Connetcicut-based industrial gases major reported fourth-quarter net income and diluted earnings per share of $420m and $1.38, respectively.
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.
Environmental
NEL Hydrogen reports record orders and leading market position
Last month saw the hydrogen electrolyser plant specialist, NEL Hydrogen, win four contracts worth a combined €15m. The move reaffirmed the company’s stature as a world leader in its sphere, according to reports.
Technology
Hale Hamilton releases modular cylinder filling manifold solution
Hale Hamilton has recently launched a new range of modular cylinder filling manifold solutions. Dubbed the N11000 Series, the new series was developed in partnership with one of the company’s leading Asian Industrial Gas customers.
Standing room only - EIGA 2012 review part 1
EIGA’s 2012 Workshop concluded last week, with more than 220 delegates in attendance and still more on waiting lists, there was no denying the popularity of the topic. But now that participants have returned to their desks, gasworld considers the lessons learnt that will outlive the agenda.
Innovative cryogenic valves introduced by Boiswood
A new range of novel cryogenic valves from STÖHR ARMATUREN (Stoehr) has been introduced by Boiswood, a UK supplier of gas and liquid pressure control equipment. A major advantage of the patented FREES valves for vacuum jacketed pipes is that they can be installed in any position, making it possible to reduce the length of pipework required.
Eyes on Europe - EIGA's 2012 Workshop draws a crowd
This week sees a hub of activity take place in Brussels as the European Industrial Gas Association’s (EIGA) 2012 workshop unfolds.
Regional news
Hale Hamilton releases modular cylinder filling manifold solution
Hale Hamilton has recently launched a new range of modular cylinder filling manifold solutions. Dubbed the N11000 Series, the new series was developed in partnership with one of the company’s leading Asian Industrial Gas customers.
Air Liquide acquires 75% shares in Moscow stronghold, LOGIKA
Air Liquide completes 75% share acquisition of LOGIKA – a regional industrial gas producer for bulk and packaged gases for industrial and medical markets.
Standing room only - EIGA 2012 review part 1
EIGA’s 2012 Workshop concluded last week, with more than 220 delegates in attendance and still more on waiting lists, there was no denying the popularity of the topic. But now that participants have returned to their desks, gasworld considers the lessons learnt that will outlive the agenda.
