Growing demand for gas in the San Juan Basin, where it is thought that a resurgence in natural gas and oil drilling could lie ahead, has driven Praxair, Inc. to begin operating a second nitrogen plant at its facility in Kirtland, New Mexico.
An additional liquefier expansion is also to be completed later this year, Praxair announced.
The newly operational plant will increase total capacity at the site to 300 tons per day (tpd) of liquid nitrogen, in addition to gaseous nitrogen that is being supplied to local pipeline customers under long-term contracts.
Demand for nitrogen in the area continues to grow as local oil and gas operators develop new oil resources in the area and applications like ‘fracking’ gain momentum.
Gerald Miller, vice-president of the West Region for Praxair’s US industrial gases business, said of the development, “Praxair’s new plant will strengthen our supply position in the San Juan basin and help us meet the increasing pipeline and liquid nitrogen demand from customers in this geography.”
The global market for general labware is expected to reach $6.7 billion in 2017, up from $3.9 billion in 2012, according to a new market research report from BCC Research.
Electronic Fluorocarbons (EFC), headquartered in Massachusetts, utilizes the latest technology for the purification and microanalysis of its legacy fluorinated specialty gases and rare gases for the medical and electronics semiconductor manufacturing industries.
As we head in to 2018, we look back on a very interesting changing market for krypton (Kr), xenon (Xe) and neon (Ne) in 2017. Ne supply this year continued to increase as new plants came on-stream while the demand was growing slowly after the big decline of 2016.
GTCR, a leading private equity firm, has recently completed the previously announced acquisition of Cole-Parmer Instrument Company from Thermo Fisher Scientific Inc.
Tech Air, a Connecticut-based distributor of industrial, medical, and specialty gases, and related welding supplies, announced that it has acquired US Oxygen Supply (US Oxygen) of Arlington, Texas, and Specialty Air Technologies (SAT) of Long Beach, California. Tech Air is owned by CI Capital Partners and Tech Air ...
Month on month, the gasworld website is the market-leading news portal for the global industrial gas sector, growing at an unprecedented rate and keeping its readers at the forefront of breaking news, insightful analysis and must-see features across the industry. Launched in 2004 and continually evolving, it is the only independent online news, views and intelligence portal for the global industrial gas community and the larger end-user markets – and home to the ever-increasing range of gasworld platforms.
To find out more about gasworld's advertising opportunities click here.