Saturday, 28 February 2015

Business deal merger handshake

SOXAL and Singapore LNG sign deal

Air Liquide, through its wholly owned Singapore subsidiary, Singapore Oxygen Air Liquide Private Ltd (SOXAL), signed a long-term agreement to supply large quantities of nitrogen to Singapore LNG Corp Pte Ltd (SLNG).

document

US Senators introduce LNG export bill

US Senator Tim Kaine has joined Senator John Barrasso and six other colleagues to introduce the LNG Permitting Certainty and Transparency Act. Barrasso was also an instrumental influence in the proposal of new legislation to resolve the helium crisis in 2012.

Financial market analysis

LNG plunges 61.7% - largest year-on-year drop

Prices of spot liquefied natural gas (LNG) for March delivery to northeast Asia saw their largest year-over-year drop on record, plunging 61.7% from March 2014 to average $7.436 per million British thermal units (/MMBtu), according to latest Platts Japan/Korea Marker (Platts JKM™) data for month-ahead delivery.

Spherical LNG storage tank

CIMC Enric acquires Jinke Cryogenic

CIMC Enric has recently announced the signing of an equity transfer agreement in Chengdu with Sichuan Jinke Cryogenic Engineering Co. Ltd (Jinke Cryogenic).

Taylor-W-LNG

Taylor-Wharton chosen for Fure West project

Taylor-Wharton will provide a complete onboard LNG Fuel System including two 255m3 Type C storage tanks for Sweden’s Furetank Rederi AB. Furetank is seeking to comply with international environmental rules for low sulphur emissions by converting an oil and chemical cargo tanker – the 472 foot Fure West.

Business deal merger handshake

Duo agree to buy China gas assets

Shanghai Baosteel Gases and an affiliate of private equity firm Warburg Pincus have announced the partnership is to buy China gas assets for $489m.

Air Liquide is one of the industry's Tier One major players.

Air Liquide acquires SEPRODOM

Increasing life expectancy and the rise in chronic diseases are major public health issues. Air Liquide is continuing to develop its home healthcare activity in France with the acquisition of SEPRODOM, a key player in home healthcare and monitoring of patients with chronic diseases in the French overseas departments and territories.

Business deal, merger and aquisition

Further expansion for MATHESON

The company has continued its strategic expansion with the acquisition of the Hawaiian assers and operations of Air Liquide America L.P and includes five locations on four islands – including an air separation unit (ASU).

Working together merger and acquisition United States

MATHESON continues strategic expansion in southern California

MATHESON has continued its strategic expansion with the acquisition of Sims Welding Supply in southern California. Sims Welding Supply is a well-established supplier of industrial, specialty, and bulk gases, plus welding hard goods, equipment, and supplies.

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

AL-Sasol

Air Liquide chosen by Sasol for Africa ASU

25 Feb 2015 | By Stuart Radnedge

The company has been chosen to build, own and operate the world’s largest oxygen production unit for Sasol in South Africa. The ASU will have a total capacity of 5,000 tones of oxygen per day – a milestone in the history of industrial gas production.

Air Liquide is one of the industry's Tier One major players.

Major US investment for Air Liquide

10 Feb 2015 | By Stuart Radnedge

Air Liquide has been selected by Chinese petrochemical company Yuhuang Chemical, Inc., as the supplier of oxygen for its new world-scale methanol manufacturing complex to be built in St. James Parish, Louisiana.

Plasma screens electronics

Nitrogen leak kills two, injures more

12 Jan 2015 | By Stuart Radnedge

Two people were killed and four others were inured following a nitrogen leak at a plant operated by the technology manufacturer LG Display Co. in South Korea. One of the four staff and contractors that were injured remains in a critical condition.

Air Liquide Plant

Major investment in US

21 Jul 2014 | By Stuart Radnedge

Air Liquide has expanded its relationship with OCI N.V. in Beaumont, Texas, after the company secured a deal to supply the oxygen for a new world-scale methanol plant.

July 2014 SF3 Image 2

Air Products and Suzuki Shokan to develop H2 fuelling

20 Feb 2015 | By Stuart Radnedge

The work will be for Japan’s material handling market and will leverage Air Products US material handling market experience.

Other LNG news

LNG

Egypt finalises LNG deal with Gazprom

Petroleum Minister Sherif Ismail said on Sunday that Egypt will complete an agreement with Russia’s Gazprom for the company to supply it with liquefied natural gas (LNG) shipments later this month.

Business deal merger

Woodside signs LNG MOU targeting India

Woodside Petroleum will be tapping into India’s emerging demand for LNG after the company has signed a Memorandum of Understanding (MOU) with the Indian conglomerate Adani Enterprises.

Chart-Ferox-LNG

Fuel – Pay – Drive away with new LNG dispenser

With worldwide demand for fuel showing no signs of abating and environmental regulations increasingly prevalent, specialist companies are collaborating to develop solutions for alternative fuels, including LNG. One such example involves Chart Industries subsidiary.

Liquefied natural gas train

Cameron LNG applies for expansion

Cameron LNG has initiated the pre-filing review with the Federal Energy Regulatory Commission (FERC) for the planned expansion of the company’s existing three-train liquefaction export project in Hackberry, Louisiana. The expansion will include two additional liquefaction trains.

Liquefied natural gas boat

Canada reaffirms commitment to LNG

Prime Minister Stephen Harper today announced the Government’s intent to support the creation of new and well-paying jobs in the emerging liquefied natural gas (LNG) industry.

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