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Nikkiso closes acquisition

Nikkiso Cryogenic Industries’ Clean Energy and Industrial Gases Group has closed the acquisition of the Alternative Fuels Division (AFD) from GP Strategies Corporation for an undisclosed amount.

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Atlas Copco completes acquisition

Atlas Copco has completed its acquisition of German dispensing solutions supplier Scheugenpflug, the Swedish industrial company said today.

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Worthington reports fiscal Q2 results

Ohio-Based metal manufacturing company Worthington Industries has announced its second quarter fiscal 2020 results, reporting net sales of $827.6m and net earnings of $52.1m, ended 30th November 2019.

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Hubei Heyuan Gas to be listed on Shenzhen Stock Exchange

According to local Chinese news, Hubei Heyuan Gas has been approved for listing on the Shenzhen Stock Exchange.

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Air Liquide amends credit line

Air Liquide has signed an amendment to its €2bn syndicated credit line for a correlation scheme between its financial costs and three of its Corporate Social Responsibility (CSR) targets regarding carbon intensity, gender diversity and safety.

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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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Praxair expands in Peru with Tecnogas acquisition

A local producer and distributor of CO2 and industrial gases in the South American country, Praxair has acquired a company with a rich history of serving the market for over 50 years.

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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.

Business deal, merger and acquisition

Emerson acquires gas detector Spectrex

The acquisition has expanded Emerson’s flame and open path gas detection portfolio – enhancing what the company offers to the market.

Adanac

Adanac – 25 years of process valve solutions

Adanac has been involved in cryogenics since 1986. Over this time the company has worked to understand how materials behave and perform at such extreme temperatures and apply this scientific understanding to developing valve products suitable for use with cryogenic applications.

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Worthington reports fiscal Q2 results

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Ohio-Based metal manufacturing company Worthington Industries has announced its second quarter fiscal 2020 results, reporting net sales of $827.6m and net earnings of $52.1m, ended 30th November 2019.

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CVD reports third quarter results

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CVD Equipment Corporation (CVD), a chemical vapor deposition system manufacturer, has released its third quarter financial results reporting revenues of $5.7m.

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Linde reports Q3 results

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Linde has released its third quarter 2019 results today with CEO Steve Angel commenting, “The Linde team delivered another quarter of strong financial results.”

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Air Products reports Q4 results

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Air Products has reported fiscal 2019 results which highlight GAAP net income of $1,809m, up 18% from the prior year, primarily driven by higher pricing, volumes and tax reform impacts.

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Air Liquide Q3: Revenue up 3.5%

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Continued sales growth and selective investment decisions in an environment rich in opportunities: Air Liquide releases solid third quarter (Q3) results.

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Atlas Copco releases Q3 results

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Swedish industrial tools and equipment manufacturer Atlas Copco has released its third quarter (Q3) 2019 results today with CEO and President Mats Rahmström highlighting “solid profitability”.

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Air Products announces major company restructuring

Air Products’ chairman, president and chief executive officer, Seifi Ghasemi, has today announced a major company restructuring, with the goal of regaining industry leadership by providing excellent service to customers as the safest and most profitable industrial gas company in the world.

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Promotion for Butler Gas recent recruit

Butler Gas Products of Pennsylvania has just announced the promotion of Bob Urie from General Manager of Purchasing and Branch Operations to the new Vice President of Operations.

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Airgas names Doug Sherman Vice President of Communications

Pennsylvanian based North American industrial gas company, Airgas, Inc., has appointed Doug Sherman Vice President of Communications.