Sunday, 01 May 2016

China-map

Cold energy ASUs keeps growing in Asia

The fourth cold energy air separation unit (ASU) in China has started commercial operation, signalling the latest in a growing number of cold energy ASUs in the Asia-Pacific region.

oil-fuel-Decline

Oil prices to fall further, report suggests

The drastic slide on Brent crude was one of the stories of 2014 and continued to run deep into 2015, but a report from the International Energy Agency (IEA) suggests oil prices may yet fall further.

bestobell lng

Reliquefaction market entry for Bestobell

The Marine sector of Bestobell has secured two new high profile contracts for its cryogenic globe and check valves. The products are to be fitted in the LNG reliquefaction systems that will be installed on two LNG carriers being constructed in South Korea and two in Japan.

Business deal merger

Iran: IAEA confirms lifting of sanctions

International sanctions on Iran have been lifted, following the country’s compliance with a deal to monitor its current and future nuclear capabilities.

ian davies igph

IGPH reveals cylinder filling technology breakthroughs

Cylinder filling technology pioneer Industrial Gas Project House (IGPH) has revealed a number major breakthroughs in the cylinder filling business with the introduction not only of 450 bar (working) filling but also 600 bar shock tested valves for oxygen service.

Business deal, merger and acquisition

Praxair acquires Yara International’s CO2 business

The proposed transaction also includes Praxair’s acquisition of Yara’s remaining 34% stake in the Yara Praxair Holding AS industrial gas joint venture in Scandinavia. The investment for both transactions is expected to be €312m.

Financial flat market graph

Challenging fiscal first quarter for Airgas

Airgas has reported fiscal 2016 first quarter sales of $1.3bn, 3% up over the prior year and including a 2% rise in organic sales compared to the previous year.

air liquide yanbu

Air Liquide starts up largest investment in Saudi Arabia

Air Liquide announces the start-up of its global-scale hydrogen production site in Yanbu Industrial City, on the West coast of the Kingdom of Saudi Arabia.

financial analysis euro stats

Strong start for Linde in 2015

With profits up 9% to €1.010bn, it’s forecast that operating profits for the Fiscal year will be between €4.1bn and €4.3bn. A weaker Euro results in significant growth in Linde’s revenue of 8.7% €4.398bn.

Helium gas tank

Helium: A market update Subscription

By Phil Kornbluth, published in gasworld magazine

As has typically been the case, the helium business continues to be one of the more interesting sectors of the industrial gas business. Here, Phil Kornbluth provides an update on the helium market in 2016 and, potentially, beyond.

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 tonnes of oxygen per day – a milestone in the history of industrial gas production.

itm power

ITM Power launches ‘green’ hydrogen fuelling station

17 Sep 2015 | By Stuart Radnedge

Located just off the M1, in South Yorkshire, the station is a first of its kind in the UK – with the hydrogen produced through electrolysis, powered by a wind turbine just yards from the fuel dispenser.

ix 35 hyundai

Hyundai fuel cell car travels record-breaking distance

10 Aug 2015 | By Stuart Radnedge

The ix35 was driven for 24 hours continuously, clocking up 2,383km on public roads between Hamburg and Berlin during the time frame – averaging 100km/h and emitting just water vapour.

China-map

Cold energy ASUs keeps growing in Asia

10 Aug 2015 | By Rob Cockerill

The fourth cold energy air separation unit (ASU) in China has started commercial operation, signalling the latest in a growing number of cold energy ASUs in the Asia-Pacific region.

al h2 2

Sassenage hydrogen station opened by Air Liquide

10 Jun 2015 | By Stuart Radnedge

The station allows the first users of the HyWay project to recharge their vehicles with hydrogen. Next fall, a second station will be built in Grenoble.

Other LNG news

parker bestobell gotland

Bestobel Marine secures second Gotland vessel

Parker Bestobel Marine, an international supplier of cryogenic globe and check valves for ships, has secured a second order to supply valves that will be used in the LNG fuel gas system of a second ferry, currently under construction for Swedish owner Rederi AB Gotland.

Liquefied natural gas ship building

Bestobell Marine secures major valves orders

Bestobell Marine has secured two new orders to supply its range of high pressure globe and check valves to be used in high pressure fuel gas systems on board ships.

boc xpo

XPO Logistics and BOC sign fuel deal

The first XPO Logistics LNG-powered trucks in the UK are now being refuelled at BOC’s new LNG station in Teesport, Middlesbrough.

shell lng

Holland’s growing LNG fuelling network continues

Global fuel giant Shell and Chart Ferox’s working relationship in the delivery of LNG fuelling networks continues to grow strong with the opening of a third station this year in Holland.

Business deal merger statistics

Parker Hannifin acquires President Engineering

In a bid to strengthen its LNG, mining, and industrial gas offering, the US based company Parker Hannifin has acquired the UK’s President Engineering Group.

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