Finance

The Compressed Gas Association (CGA) has appointed William J. Kroll as its chairman.

Praxair Distribution, Inc. has acquired Pasadena, TX-based Welders Industrial Supply, an independent distributor offering industrial and specialty gases, welding equipment, supplies and related services.

This morning, Air Products publicised its agreement to acquire DuPont’s stake in DuPont Air Products NanoMaterials LLC JV.

Foster Wheeler AG, the Swiss global engineering, construction contractor and power equipment supplier has revealed a decline in quarterly fiscal results for 2011.

Taiyo Nippon Sanso Corporation, TNSC has released its fiscal report for the first three quarters of 2012, certain sectors have seen sales depreciate.

Afrox, a subsidiary of The Linde Group has recorded an 11% increase in annual revenue for the period ended 31st December 2011. Revenue also exceeded the R5bn mark.

Larry Kilian has joined Industrial Scientific Corporation as the new Senior Director of Americas, Australia and New Zealand sales.

Gulf Cryo, manufacturer of industrial, medical and specialty gases in the Middle East has ratified its footing in the region with its latest acquisition in Jordan.

Yesterday, tier one industrial gas player, Air Liquide publicised its consolidated financial report for 2011. Highlights included sizeable sales in developing economies but slower growth in electronics and steel-making.

Linde Engineering Dresden GmbH, a subsidiary of the Linde Group, has announced plans to provided a turn-key geothermal power plant for GEOenergie Kirchweidach GmbH at Kichweidach in Germany.