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Industrial Gases

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  • German Linde to call 400 mln euro bond Monday, 6 May 2013 | 4:14 AM ET

    FRANKFURT, May 6- German industrial gases firm Linde AG said it would call and redeem a 400 million-euro subordinated bond issued in 2003.. "Our solid financial position and strong equity base allow us to redeem the subordinated bond on its first call date," Georg Denoke, finance chief of Linde, said in a statement. The bond will be called and redeemed on July 3.

  • FACTBOX-Types of fertilizer their uses and hazards Thursday, 18 Apr 2013 | 4:42 PM ET

    April 18- The fertilizer plant that exploded on Wednesday night in West, Texas, had tanks of anhydrous ammonia on site. *The biggest U.S. domestic production plant, with an annual capacity of 2.49 million tonnes was owned by CF Industries Holdings and located in Donaldsonville, Louisiana.

  • FACTBOX-Anhydrous ammonia production and uses Thursday, 18 Apr 2013 | 12:50 AM ET

    April 18- The fertilizer plant that exploded on Wednesday night in West, Texas, had tanks of anhydrous ammonia on site. *The biggest U.S. domestic production plant, with an annual capacity of 2.49 million tonnes was owned by CF Industries Holdings and located in Donaldsonville, Louisiana.

  • LONDON, April 17- Converting the world's roofs from dark colours to reflective white would cancel the warming effect of 1 billion tonnes of carbon dioxide each year for the lifetime of the roof, according to former California Energy Commissioner Arthur Rosenfeld.

  • WASHINGTON, April 5- Energy-related carbon dioxide emissions in the United States fell in 2012 to 5.3 billion tonnes, their lowest since 1994, as low natural gas prices prompted electric power generators to switch from coal, according to new energy department data.

  • LONDON, Feb 18- More efficient use of nitrogen fertilisers could cut annual consumption by 20 million tonnes, help the environment and save $170 million a year by the end of the decade, scientists said in a report on Monday. The global annual cost of damage from nitrogen pollution alone is about $800 billion.

  • Airgas profit rises on higher gas sales, tank rentals Thursday, 24 Jan 2013 | 7:39 AM ET

    Jan 24- Industrial gas supplier Airgas Inc reported a 14 percent higher third-quarter profit as gas sales and storage tank rental revenue rose by 6 percent. Profit rose to $82.9 million, or $1.05 per share, in the quarter ended Dec. 31, from $72.6 million, or $0.93 per share, a year earlier. Revenue rose 5 percent to $1.21 billion.

  • *Praxair expects FY13 revenue to rise 7 pct. Jan 23- Industrial gas suppliers Praxair Inc and Air Products and Chemicals Inc expect their order backlog to prop up results this year despite weak economic growth in most of their markets.

  • Jan 23- Praxair Inc, the largest industrial gas supplier in the Americas, reported a slightly lower quarterly profit as weak sales in Europe and South America offset strong sales in Asia. Profit for the fourth quarter fell to $414 million, or $1.40 cents per share, from $420 million, or $1.40 per share, a year earlier. Revenue rose marginally to $2.8 billion.