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Chemicals Industrial Gases

  • Construction of the Gulf Coast Project pipeline, part of the Keystone XL pipeline, in Prague, Okla.

    Energy CEOs are warning if FERC is not functional by August break, the private investment dollars for these projects might be gone.

  • Pipeline and crude storage tanks in Cushing Oklahoma.

    The average price of a gallon of regular-grade gasoline fell about a penny nationally over the past two weeks, to $2.31.

  • Cramer Remix: Why the consumer is the biggest winner in Amazon’s Whole Foods takeover

    Jim Cramer thinks the biggest benefit from this grocery takeout could be you.

  • Jim Cramer on the set of Mad Money.

    Jim Cramer thinks the biggest benefit from this grocery takeout could be you.

  • DUBAI/ DOHA, June 13- Qatar, the world's second largest helium producer, has closed its two helium production plants because of the economic boycott imposed by other Arab states, industry sources told Reuters on Tuesday. The helium plants operated by RasGas, a subsidiary of state-owned Qatar Petroleum, were shut after Saudi Arabia closed its border with Qatar,...

  • MUNICH, June 2- German industrial gases company Linde turned its attention on Friday to winning over investors to its planned $75 billion merger with U.S. peer Praxair, a task that Chairman Wolfgang Reitzle said was not straightforward. "We have taken an important first step towards realizing this once-in-a-lifetime merger opportunity," Praxair CEO Steve...

  • WUERZBURG, Germany, June 2- Shares in Germany's Linde looked set to top the blue-chip DAX index on Friday after the company's boards agreed a $73 billion merger with U.S. peer Praxair to create the world's biggest industrial gases group. After a failed attempt at a tie-up last year that led to the departure of Linde's two top executives, Chairman Wolfgang Reitzle...

  • *New company to be incorporated in Ireland. FRANKFURT/ MUNICH, June 1- The boards of Linde and Praxair voted on Thursday to merge, creating a $73 billion global industrial gases leader in what is likely to be the last in a wave of combinations that has resulted in a highly consolidated market. The deal combines U.S. firm Praxair's operational efficiency and strength...

  • FRANKFURT, June 1- Linde and Praxair said their boards voted on Thursday to approve the $73 billion merger of the two industrial gases companies despite Linde labour opposition that had threatened to torpedo the deal. The companies raised their cost-savings target from the merger to $1.2 billion euros from $1 billion within three years- including efficiency...

  • MUNICH/ BERLIN, May 31- The chairman of German industrial gases group Linde has made a last-ditch appeal to skeptical supervisory board members ahead of a vote on the company's proposed $73 billion merger with U.S. peer Praxair, two sources familiar with the matter told Reuters on Wednesday. Linde's supervisory board is due to vote on the merger on Thursday, and...

  • JOHANNESBURG, May 31- South African petrochemicals group Sasol will apply to postpone a 2020 deadline for meeting stricter air pollution laws, the company said on Wednesday. South Africa, the continent's worst polluter and most advanced economy, emits millions of tonnes of carbon dioxide into the atmosphere each year, much of it from coal-fired power plants...

  • BERLIN, May 31- German Economy Minister Brigitte Zypries urged German industrial gases group Linde on Wednesday not to force through a planned $73 billion merger with U.S. peer Praxair against the will of German workers. Linde's supervisory board is due to vote on the merger on Thursday, and Chairman Wolfgang Reitzle has said he is prepared to use his casting...

  • MUNICH, May 26- German industrial gases group Linde's supervisory board is due to vote on a merger agreement with U.S. peer Praxair on June 1, two people close to the matter told Reuters on Friday. The all-share merger of equals, intended to create a market leader that will overtake France's Air Liquide, had fallen behind schedule because of the complexity of talks...

  • MUNICH, May 26- German industrial gases group Linde's supervisory board is due to meet on Thursday to vote on a merger agreement with U.S. peer Praxair, two people familiar with the matter told Reuters on Friday. One of the people said there were still some unanswered questions regarding the deal, without providing details. The two companies said on Wednesday they...

  • OSLO, May 16- Norway's $945 billion wealth fund owns stakes in companies that are responsible for emitting 90 to 100 million tonnes of carbon dioxide equivalent, or about twice what Norway emits per year, its CEO said on Tuesday. The fund has been working for two years to quantify the carbon emissions from companies it invests in, and to work out what share of these...

  • By Georgina Prodhan and Jörn Poltz. MUNICH, May 10- The chairman of German industrial gases group Linde got an effective green light on Wednesday for his long-desired $70 billion merger with U.S. peer Praxair despite a protest vote by shareholders dismayed at the way he is pushing it through. Wolfgang Reitzle was endorsed by 94.47 percent of shareholders at...

  • MUNICH, May 10- The chief executive of German industrial gases group Linde defended a planned $70 billion merger with U.S. peer Praxair at the company's annual shareholder meeting, despite fierce trade union opposition that has raised investor concerns. Aldo Belloni said on Wednesday the merger would create value "for everyone involved, especially for you the...

  • MUNICH, May 10- German industrial gases group Linde expects to complete its planned $70 billion merger of equals with U.S. peer Praxair in 2018 if negotiations are successfully completed, Chief Executive Aldo Belloni told shareholders on Wednesday. The planned all-share deal has met unexpectedly strong opposition from labor representatives, including...

  • MUNICH, Germany, May 9- The chairman of German industrial gases group Linde expects its merger agreement with U.S. peer Praxair to be finalized within weeks, he told Reuters, reiterating his determination to get the deal done despite union opposition. Negotiations to create a global leader with a market value of about $70 billion have made slower progress than...

  • The Deerfield, Illinois- based company's shares rose about 4 percent to $26.50 in after-hours trading on the New York Stock Exchange. The average selling price for ammonia fell about 18 percent to $307 per ton, while urea's decreased to $248 per ton from $256 a year earlier. Net loss attributable to shareholders was $23 million, or 10 cents per share, compared with a...