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Latest industrial gas Stories

2011-12-13 08:45:00

LEHIGH VALLEY, Pa., Dec. 13, 2011 /PRNewswire/ -- Air Products (NYSE: APD) today announced that INOX Air Products Ltd., its joint venture in India, will invest over $50 million (Rs 250 crores) to construct two new air separation units (ASU) for the growing merchant industrial gas markets in West and South India. The company also announced INOX Air Products' signing of a new long-term industrial gas supply contract with Posco Maharashtra Steel Private Limited (PMSPL) for hydrogen and nitrogen...

2011-11-16 10:00:00

LEHIGH VALLEY, Pa., Nov. 16, 2011 /PRNewswire/ -- The ribbon has been cut and Air Products' (NYSE: APD) PRISM(®) VSA Oxygen Generation System is now officially supplying Gerdau Steel's Whitby, Ontario, Canada facility with over 200 tons per day of oxygen for its steelmaking plant. Air Products won the long-term contract, which also includes liquid nitrogen and liquid oxygen supply, by demonstrating the versatile flexibility of the PRISM system as the right fit for...

2011-09-29 13:48:00

LEHIGH VALLEY, Pa., Sept. 29, 2011 /PRNewswire/ -- Air Products (NYSE: APD) today announced it has agreed to acquire a 25 percent stake in the gases and equipment businesses of Abdullah Hashim Industrial Gases & Equipment Co. Ltd. (AHG), a company of the privately-owned Abdullah Hashim Group, based in The Kingdom of Saudi Arabia. The transaction is subject to regulatory approval and customary local closing conditions. Financial terms are not being disclosed. AHG is the largest private...

2011-09-27 14:30:00

LEHIGH VALLEY, Pa., Sept. 27, 2011 /PRNewswire/ -- Air Products (NYSE: APD), a recognized leader in cryogenic technology, will showcase its PolarFit(TM) industrial gas-based technologies and process improvement solutions for deflashing, grinding, process cooling and inerting at this year's Rubber Expo in Cleveland, Ohio, from October 11-13. Manufacturers looking to lower costs and increase productivity can stop by Booth #2162 to learn more about Air Products' high-quality process systems...

2011-09-26 07:55:00

LEHIGH VALLEY, Pa., Sept. 26, 2011 /PRNewswire/ -- Air Products (NYSE: APD) today announced it will build, own and operate an air separation unit (ASU) and integrated liquefier in the Nanjing Chemicals Industrial Park in Nanjing, China. Air Products has won a long-term contract to supply oxygen and nitrogen to Wison (Nanjing) Clean Energy Ltd., Inc.'s (Wison Energy) coal to syngas gasification facility in Nanjing. Air Products will also operate a liquefier and increase argon production...

2011-09-06 15:08:00

NORTH CANTON, Ohio, Sept. 6, 2011 /PRNewswire/ -- Kenan Advantage Group ("KAG"), North America's largest tank truck transporter and logistics provider to the petroleum, specialty products and merchant gas industries, announced that it completed the acquisition of Jack B. Kelley, Inc. ("JBK"). JBK is the largest independent transporter of industrial gases in the United States. The transaction closed on August 31, 2011. Founded in 1946, the Amarillo, Texas-based company transports...

2011-06-15 07:30:00

CLEVELAND, June 15, 2011 /PRNewswire/ -- Catacel Corp., maker of advanced catalytic heat-exchanging materials for the petrochemical, industrial gas and advanced energy industries, announced the appointment of Dr. Kieran Drain to its Board of Directors. Dr. Drain has extensive experience commercializing new technologies in the materials and chemicals industries. Globally recognized for his technical expertise and business acumen, Dr. Drain most recently raised $55 million in venture...

2011-06-02 14:13:00

LEHIGH VALLEY, Pa., June 2, 2011 /PRNewswire/ -- Air Products (NYSE: APD) today announced it has been presented the 2010 Supplier Excellence Award by Texas Instruments (TI). The award, given annually, recognizes achievement in cost, environmental responsibility, technology, responsiveness, assurance of supply and quality. "Suppliers like Air Products help us to innovate, to provide more value. It's a collective effort on everyone's part - from quality folks to logistics - to get the...

2011-02-17 10:30:00

LEHIGH VALLEY, Pa., Feb. 17, 2011 /PRNewswire/ -- Air Products (NYSE: APD) today announced it will build, own, and operate a new air separation unit (ASU), a new hydrogen production facility and will make additional investment in an existing ASU and liquefier which has been producing industrial gases in Middletown, Ohio. The new facilities, planned to be on-stream in the fourth quarter of 2012, will provide additional capacity to meet customer demand for industrial gases and merchant...

2010-12-22 14:07:00

LEHIGH VALLEY, Pa., Dec. 22, 2010 /PRNewswire-FirstCall/ -- Air Products (NYSE: APD) today responded to the rejection by the Board of Directors of Airgas, Inc. (NYSE: ARG) of Air Products' $70 per share cash offer. John E. McGlade, chairman, president and chief executive officer, said, "We have made clear that $70 per share is our best and final offer for Airgas. We know the market for industrial gases extremely well, and have offered a full and fair price for this business. Airgas...