- Air Products calls for hydrogen market creation
- Reduced power consumption and optimised safety for valve
- Honeywell names Intek Turkmenistan gas distributor
- Russia ASU start-up plans for Air Liquide
- Big growth predicted for LNG market
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Latest Middle East news
Honeywell names Intek Turkmenistan gas distributor
Intek to provide products and services for accurate gas metering in the Turkmenistan area.
Cryo Diffusion to provide helium equipment for RasLaffan project in Qatar
Cryo Diffusion has been awarded a contract by Air Liquide for helium valve boxes and vacuum insulated lines for the Qatar Helium 2 Project. The products will be used on the world’s largest helium liquefier, to be operated by RasGas and installed in RasLaffan.
Business as usual for LNG supplies in May?
Disruptions to LNG supplies in France and Yemen have caused issues with distribution in April - but both companies affected believe May should be business as usual.
Linde and Sadara collaborate in world’s largest chemical complex build
The Linde Group has signed a long-term industrial gas supply contract with Sadara Chemical Company. The agreement will supply a facility soon to become the world’s largest chemical complex ever built in a single phase.
Cambridge Professor applauds mobile phone technology in emerging markets
Professor Michael Barrett of Cambridge Judge Business School has praised a mobile phone solution that offers business opportunities across emerging economies.
Finance
Praxair sees 'solid growth in all geographies' except Europe
Praxair, Inc. has reported third-quarter net income and diluted earnings per share of $429 million and $1.40, 14% and 16% above the prior-year quarter, respectively.
Petronet LNG achieves 98.5% increase in net profit, according to fiscal reports
Petronet LNG has achieved it highest quarterly profit according to the firm’s latest fiscal report. The firm has attributed an increase in volumes, better margins and higher operational efficiency as reasons for the hike.
Honeywell updates overfill monitoring gauge
The Fortune 100 Company, Honeywell, has released an updated version of its successful level gauge. The device reduces operation costs by 15%, according to reports.
Air Products acquires 25% stake in Abdullah Hashim
Air Products has agreed to acquire a 25% stake in the largest privately owned industrial gases company in Saudi Arabia, Abdullah Hashim Industrial Gases & Equipment Co. Ltd.
Features
Regional Markets: Focus on Middle East Subscription
Speaking of the region broadly, it’s clear that the Middle East is developing into one of the most vibrant industrial gas markets in the world. For the purposes of this analysis, we’re homing in on the GCC states and focusing on Saudi Arabia, Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates (UAE) in particular.
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Technology
Cambridge Professor applauds mobile phone technology in emerging markets
Professor Michael Barrett of Cambridge Judge Business School has praised a mobile phone solution that offers business opportunities across emerging economies.
Matrox Graphics' app aid to remote management
Matrox Graphics has joined Parker Filtration and Responsive Respiratory with the latest mobile application release aimed at the industrial gases sector.
Honeywell updates overfill monitoring gauge
The Fortune 100 Company, Honeywell, has released an updated version of its successful level gauge. The device reduces operation costs by 15%, according to reports.
Qatargas’ Plateau Maintenance achieves safety milestone
Qatargas’ Plateau Maintenance Project has celebrated three million man-hours without any lost time to injury.
Other news from the region
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.
RasGas delivers first LNG cargo under long-term deal in Taiwan
RasGas Company Limited (RasGas) has successfully delivered the first liquefied natural gas (LNG) cargo under its new long-term LNG Sale and Purchase Agreement (SPA) with CPC Corporation, Taiwan (CPC).
A new milestone for Siemens-Linde cooperation
The significance of the Middle East as a supplier of helium in the future is well versed, less prominent is the region’s consumption of this gas. News of a contract renewal in Turkey, however, highlights the growth in demand from the country’s healthcare sector.
