Finance

Member companies of the Independent Welding Distributors Cooperative (IWDC) have set an all-time monthly spend record, exceeding their prior record by over $1.7m.

Capital expenditure (CAPEX) is the term given to funds that are used by an organisation to acquire or upgrade its assets, such as property or equipment.

BOC Limited, a Linde AG company, struggled in its fiscal 2016 financials, posting a loss in turnover due to uncertainties in the UK’s economic environment and the abrupt end of a major gas supply contract.

The Messer Group has released its 2016 full year financial results achieving consolidated sales of €1.146bn ($1.308bn) and an operating profit of €249m ($284m), despite the challenging economic environment.

Industrial fuel cell power company AFC Energy claims it is on the right track despite recording an operating loss of £2.7m ($3.5m) in its latest interim results.

Worthington Industries, Inc. has posted positive financials in its fiscal 2017 fourth quarter, boosted by a 6% sales lift in its Pressure Cylinders division.

Under hefty research and development (R&D) investments and capacity expansions, Turkish pressure vessel and industrial plant manufacturer Karbonsan doubled its turnover last year.

Praxair, Inc. and The Linde Group have signed a definitive agreement on a merger of equals worth $70bn, in a deal which sees two of the biggest players in the global industrial gases business come...

The Plains is home to the third-smallest industrial gas market out of the eight regions of the US. Despite this, revenues generated by the commercial industrial gas activities amounted to over $1.6bn in 2015. This...

When The Linde Group revealed its first quarter 2017 results on 28th April, it completed a week of seemingly positive financials among the major players.