Economics

Gulf Cryo has announced a significant investment acquiring shares in Tyczka Air Austria, part of the Tyczka Group, becoming minority partner.

Plug Power, a leader in providing clean, reliable energy solutions, today reports its 2014 second quarter results.

BASF Venture Capital has invested €1m in the technology company SmartKem, based in St. Asaph, Wales. The total investment of the financing round was €3m. Further investors with equal terms were Octopus Investments and Entrepreneurs...

Air Liquide has stated its “objectives” have been “maintained” in reflection of the group’s business performance for the first half of 2014.

In the first half of 2014, the technology company The Linde Group generated virtually the same amount of revenue as in the first half of 2013.

Air Products today reported third quarter results led by strong performance in Merchant Gases, and Electronics and Performance Materials.

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.

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.

Midway through 2014 and the global industrial gases industry is in the midst of a gradually improving business environment.

By 2020, retailers expect 20 percent of all non-food sales to be facilitated through some form of eCommerce. By 2016, half of all consumers’ purchases will incorporate some online or mobile component: comparison shopping, ordering, customizing and paying. And today, 65...