• Afrox oulet

    Afrox first half financial announcement


    Despite achieving price increases broadly in line with increased input costs, revenue for the six months to 30 June 2014 was flat at R2.87bn (2013: R2.86bn). Earnings before interest, tax, depreciation and amortisation (EBITDA) was down 2% at R442 million (2013: R449m).

  • Gulf-Cryo-Austria

    Gulf Cryo acquires shares


    The company has announced significant investment in acquiring shares in Tyczka Air Austria – and has subsequently become a minority partner.

  • Plug-Power-logo-gas_world

    “Record revenues” for Plug Power


    The company, which provides energy solutions using hydrogen, has reported its 2014 second quarter results – achieving notable gains in revenue.

  • business deal, merger, aquisition

    €3m investment in SmartKem


    BASF Venture Capital has invested €1m in the UK-based company SmartKem. The company is focused on high performance organic semiconductor inks to enable printing of thin film transistors.

  • Economic analysis report finance

    “Objectives maintained” for Air Liquide


    Profit and revenue increases for the company, in a term when it secured key contracts in growing markets and continued acquisitions in healthcare.

  • Business papers finance

    Linde growth “stable” despite exchange rates


    Group revenue is up 5.6%, after adjusting for exchange rate effects, for the first half of 2014 – resulting in solid revenue growth, with moderate improvement in operating profit.

  • Economic analysis report finance

    Third quarter increases for Air Products


    Air Products today reported third quarter results led by strong performance in Merchant Gases, and Electronics and Performance Materials. For the quarter ended June 30, 2014, net income was $314m, up 9%, and diluted earnings per share (EPS) was $1.46, an increase of 7%, compared with results for the third ...

  • Dollar coins finance

    Praxair income and sales increase


    Praxair has reported second-quarter net income of $467m and diluted earnings per share of $1.58, 5% and 6% above the prior-year quarter, respectively. The company has strong cash flow for operations at $847m – 27% of sales.

  • Pipes refinery

    Increasing pressure on refining margins, says report


    An additional 11.7 million barrels per day (mmbd) of Crude Distillation Capacity (CDU) will come online globally between 2014 and 2020, with an annual average of 1.6 mmbd, says a new report from GlobalData – a dynamic which it is claimed will impact negatively upon refining margins.

  • Tablet finance business

    Regional markets: Focus on global update


    Midway through 2014 and the global industrial gases industry is in the midst of a gradually improving business environment. Despite being offset in some areas by external variables such as energy pricing, weather systems and political landscapes, higher underlying volumes appear to be a common theme across the recent financial ...