Thursday, 24 April 2014

Business deal merger handshake

Plug Power and Hyundai in deal

The companies have announced that they have signed a Memorandum of Understanding (MoU) to form a fuel cell joint venture – targeting the developing Asian market.

Hydrogen pump green fuel

Linde “exclusive” hydrogen supplier

The company has announced that it will be the exclusive hydrogen supplier for the Shell Eco-marathon held in Houston later this week.

Air Products hydrogen pipeline

Hydrogen off-gas processing agreement expanded

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.

Euro coins finance statistics

Huge growth in Q1 for McPhy Energy

Preparing for the acceleration of its development strategy, McPhy Energy recorded impressively strong growth in its first quarter 2014 sales of €774,000, up 50% year-on-year.

Big ben London UK

ITM Power’s £2.8m contract win

The company will be supplying three refuelling stations in London as part of the HyFive EU FCH JU funded project –which was announced at the end of last week.

Economic analysis report finance

Second quarter reduction for Air Products

Net income down 2% when compared to same quarter in 2013 – but quarter features the latest world-scale hydrogen plant coming onstream in the US Gulf Coast.

Euro coins finance statistics

Huge growth in Q1 for McPhy Energy

Preparing for the acceleration of its development strategy, McPhy Energy recorded impressively strong growth in its first quarter 2014 sales of €774,000, up 50% year-on-year.

Chinese currency

Double-digit increase for CIMC ENRIC

CIMC Enric Holdings Limited (CIMC ENRIC) recently announced its audited annual results for the year ended 31st December 2013 and has seen turnover rise 23.5% over full year 2012.

Euro finance pen currency

SOL directors approve “positive” results

Stability in Italy but positive sales abroad for SOL which witnessed the technical gases division experiencing a slight decline in sales but homecare profits increased.

Lindewelding-gas_Insight

Industrial gases supporting entire natural gas production chain Subscription

By Stuart Radnedge

This fortnight’s gasInsight feature looks at the vital role our industry plays across the entire petrochemical processing spectrum. Part One is below with Part Two published in two weeks time.

More features

Technology

Air Liquide R&D 2012

Air Liquide expands offering of TAKEO cylinder

17 Apr 2014 | By Rob Cockerill

Air Liquide is broadening the reach of its TAKEO™ medical oxygen cylinder to more countries around the world, helping to meet medical demands and ensure increasing patient safety.

Water drops on glass

First in Asian market for method

15 Apr 2014 | By Stuart Radnedge

Air Products has announced it has become the first Asian manufacturer of sodium silicate used in the overall oxygen combustion system project.

North America night view

Honeywell’s UOP Technology chosen

10 Apr 2014 | By Stuart Radnedge

UOP LLC, a Honeywell company, announced today that Mistral Midstream, Inc., has selected Honeywell’s UOP Russell modular equipment to recover valuable natural gas liquids (NGLs) from natural gas produced in southern Saskatchewan, Canada.

Molten steel manufacture

Praxair starts up Peru ASU

9 Apr 2014 | By Stuart Radnedge

The company has started an air separation plant in Peru – which has expanded their supply of oxygen to a leading steel maker.

Frappa-gas_world

Developments made with cryo-units

9 Apr 2014 | By Stuart Radnedge

Cryofridge, a Frappa group brand, has taken a pioneering step in the onboard refrigeration market by entrusting Crouzet Automation with the control of its indirect nitrogen cryo-units.

More news from the hydrogen sector

Big ben London UK

ITM Power’s £2.8m contract win

The company will be supplying three refuelling stations in London as part of the HyFive EU FCH JU funded project –which was announced at the end of last week.

North America US from space

Praxair confirms Niagara plant

Praxair, Inc. has announced it is expanding its business and building a steam methane reformer to increase the supply of hydrogen for its liquid hydrogen plant in Niagara Falls, New York – as reported by gasworld on Tuesday the 1st of April.

Hydrogen symbol

International project HyFive launched

A pioneering £31m deal was struck today (3 April) to make hydrogen vehicles a viable and environmentally friendly choice for motorists across Europe.

Plug-Power-logo-gas_world

Plug Power acquires ReliOn

The deal will mean that ReliOn PEM Cell technology will provide fuel cell stacks for GenDrive class three units.

Praxair

Praxair to expand hydrogen plant

It has been reported that Praxair will expand its liquid hydrogen plant in Niagara Falls – which will see 78 jobs retained and serve growing customer demands.

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