Linde on the lookout for “tuck-in” acquisitions
Industrial gases major Linde has said it is committed to making “tuck-in” acquisitions around the world.
Industrial gases major Linde has said it is committed to making “tuck-in” acquisitions around the world.
The supply of helium from Gazprom’s Amur Gas Processing Plant in Russia is starting to impact market pricing for the industrial gas majors supplying Asia.
Global gases specialist Messer has announced its acquisition of EKU Elektronik GmbH (EKU), a specialist in electronic products for ventilation, anaesthesia, gas therapy and medical measurement technology.
Air Products has implemented its AP-DMR™ technology at the Coral South floating liquefied natural gas (FLNG) plant in Mozambique and surpassed its performance tests with an LNG production rate exceeding 3.4 million tonnes per year.
Industrial gas specialist Messer achieved sales of around €4.4bn ($4.7bn) in the 2023 financial year, a figure that surpasses the company’s record sales figures from 2022.
Linde’s clean energy projects are seeing a slow down in momentum as the company aims to ensure only ‘high quality’ projects are taken to final investment decision (FID).
Linde managed to shrug off a challenging and largely “stagnant” economic climate to post an adjusted operating profit of $2.3bn (up 6%) in the first quarter.
Air Products is confident about how the blue ammonia markets are shaping up, ahead of its massive Louisiana Clean Energy Complex, which will make blue hydrogen and blue ammonia, being fully commissioned and coming onstream...
Air Products is not planning to spin out its hydrogen business as a separate entity in the next few years, as the nascent market for hydrogen is still developing and the price of the gas...
Linde revealed today that it will invest $150m into an on-site air separation unit (ASU) in Boden, northern Sweden, to supply industrial gases to the world’s first large-scale green steel production plant.