Finance

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.

Air Liquide is continuing its development with an acquisition in the French overseas departments and territories by buying SEPRODOM.

The new Chairman and CEO of Air Products, Seifi Ghasemi, has stated his aim to make the company the “best in the world”.

Airgas is named on the 2014 Fortune 500 list of largest US companies by annual revenue – and ranks 42nd overall for the 10-year average total returns to investors.

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

As our global analysis explains this month, of the dynamics that the gases industry can control and capitalise on, there is cause for optimism – the energy boom and the headway in healthcare are two...

CLEANCOR Energy Solutions has formed CLEANCOR Equipment Solutions to serve the growing demand for short and long-term rental of mobile equipment for the processing and transport of cryogenic and high-pressure gas.

Velocys has acquired Pinto Energy and the Ashtabula GTL project. Pinto Energy is one of the leading project developers of smaller scale GTL in North America.

HyGear has signed an agreement with KOGAS to fixate the ambitions to collaborate in the Korean market. The agreement has strategic benefits for both companies.