Industrial gases

New Fortress Energy Advances Construction of LNG Terminal in Mexico

Wednesday, February 26, 2020 - 1:45pm

New Fortress Energy LLC (NASDAQ: NFE) (New Fortress) continues to advance construction of a liquefied natural gas (LNG) receiving and regasification terminal in the port of Pichilingue, Baja California Sur, Mexico.

Key Points: 
  • New Fortress Energy LLC (NASDAQ: NFE) (New Fortress) continues to advance construction of a liquefied natural gas (LNG) receiving and regasification terminal in the port of Pichilingue, Baja California Sur, Mexico.
  • We have witnessed how LNG supply can become a catalyst for energy diversification and economic development and look forward to seeing similar results.
  • New Fortress Energy is a global energy infrastructure company founded to help accelerate the worlds transition to clean energy.
  • New Fortress Energy is majority-owned by a fund managed by an affiliate of Fortress Investment Group.

InventHelp Inventor Develops Environmentally Friendly Gas Lamp (PND-5005)

Tuesday, February 25, 2020 - 5:00pm

PITTSBURGH, Feb. 25, 2020 /PRNewswire/ -- "While vacationing in the city of New Orleans I observed the gas lamps burning throughout the entire day," said an inventor from Willow Grove, Pennsylvania.

Key Points: 
  • PITTSBURGH, Feb. 25, 2020 /PRNewswire/ -- "While vacationing in the city of New Orleans I observed the gas lamps burning throughout the entire day," said an inventor from Willow Grove, Pennsylvania.
  • "This inspired me to develop an accessory for use with gas lamps that would conserve gas and may be environmentally friendly."
  • He developed the LAMPLIGHTER which would burn natural gas or L/P on demand and would easily mount for existing lamps.
  • This invention could be environmentally-friendly as it would conserve gas and minimize greenhouse gas emissions.

Company Profile for MATHESON

Tuesday, February 25, 2020 - 3:53pm

MATHESON is a single source for industrial, medical, specialty and electronic gases, welding and safety supplies, gas handling equipment, high performance purification systems, engineering and gas management services, and on-site gas generation with a mission to deliver innovative solutions for global customer requirements.

Key Points: 
  • MATHESON is a single source for industrial, medical, specialty and electronic gases, welding and safety supplies, gas handling equipment, high performance purification systems, engineering and gas management services, and on-site gas generation with a mission to deliver innovative solutions for global customer requirements.
  • MATHESON is the largest subsidiary of the TAIYO NIPPON SANSO CORPORATION Group, one of the five largest suppliers of industrial, specialty, and electronics gases in the world.

National Laboratory Study Finds that Molekule Air Purifier Effectively Eliminates Common Volatile Organic Chemicals (VOCs) and Ozone in a Room-Sized Environment

Tuesday, February 25, 2020 - 12:00pm

The study, conducted by Lawrence Berkeley National Laboratory (Berkeley Lab), evaluated PECO's pollutantelimination in an environmental chamber.

Key Points: 
  • The study, conducted by Lawrence Berkeley National Laboratory (Berkeley Lab), evaluated PECO's pollutantelimination in an environmental chamber.
  • In addition, the evaluation concluded that the Molekule Air purifier does not generate ozone intentionally, or as a byproduct, which is a known issue for other air purifiers on the market today.
  • Instead, PECO removes ozone from the air to extremely low levels, far lower than what the EPA recommends as safe exposure.
  • It also removed more than 50 percent of formaldehyde from the air, even while all compounds were being continuously injected.

Compressed Air Treatment Equipment Market to Hit USD 12.8B by 2026: Global Market Insights, Inc.

Tuesday, February 25, 2020 - 8:00am

SELBYVILLE, Del., Feb. 25, 2020 /PRNewswire/ --Global Market Insights, Inc. has recently added a new report on the compressed air treatment equipment market, which estimates the global market valuation for compressed air treatment equipment will cross US $12.8 billion by 2026.

Key Points: 
  • SELBYVILLE, Del., Feb. 25, 2020 /PRNewswire/ --Global Market Insights, Inc. has recently added a new report on the compressed air treatment equipment market, which estimates the global market valuation for compressed air treatment equipment will cross US $12.8 billion by 2026.
  • Some major findings of the compressed air treatment equipment market report include:
    Increasing consumption of compressed air in major sectors will propel the market's growth.
  • Other product segments in the compressed air treatment equipment market include condensate treatment equipment purifiers, drain traps, etc.
  • North America's compressed air treatment equipment market will grow at a CAGR of above 5.5% during the study period.

The global next-generation refrigerant industry analysis projects the market to grow at a significant CAGR of 3.22% on the basis of value during the forecast period from 2019 to 2029

Monday, February 24, 2020 - 6:20pm

Global Next-Generation Refrigerant Market Forecast, 2019-2029

Key Points: 
  • Global Next-Generation Refrigerant Market Forecast, 2019-2029
    The global next-generation refrigerant industry analysis projects the market to grow at a significant CAGR of 3.22% on the basis of value during the forecast period from 2019 to 2029.
  • The global next-generation refrigerant market, based on refrigerant type, is segmented into hydrofluorocarbons (HFCs), natural refrigerants, and hydrofluoroolefins (HFOs).
  • The HFCs segment is expected to maintain its dominance during the forecast period in the global next-generation refrigerant market.
  • Air conditioning segment dominated the global next-generation refrigerant market in 2018 and is expected to maintain its dominance through the forecast period.

Oxygen Industry Insights, Worldwide, 2015-2030

Monday, February 24, 2020 - 6:15pm

Increasing prevalence of various diseases related to breathing problems contributed to the global Oxygen market's growth by increasing use of Oxygen for medical purposes.

Key Points: 
  • Increasing prevalence of various diseases related to breathing problems contributed to the global Oxygen market's growth by increasing use of Oxygen for medical purposes.
  • Thus, the increased number of such cases has surged the demand for portable oxygen concentrators, therefore driving the Oxygen market's growth.
  • Therefore, lack of safety measures while handling Oxygen negatively affecting the Oxygen market.
  • All the three acquired companies are involved in oxygen-related product business including oxygen concentrators, liquid oxygen systems and oxygen generation systems used in hospitals and other institutions as their prime business.

Global Nitrogen Generators Market Expected to Grow with a CAGR of 4.9%, 2019-2026 - ResearchAndMarkets.com

Monday, February 24, 2020 - 6:07pm

The global nitrogen generators market was valued at $11,776.1 million in 2018 and is projected to reach $17,435.5 million in 2026, growing at a CAGR of 4.9%.

Key Points: 
  • The global nitrogen generators market was valued at $11,776.1 million in 2018 and is projected to reach $17,435.5 million in 2026, growing at a CAGR of 4.9%.
  • Further, the global nitrogen generators market is witnessing significant growth, owing to the rapid rise in investment in the industrial sector and high demand for nitrogen generators in the medical & healthcare sectors.
  • Deepening on the generator type, the market is divided into PSA nitrogen generator, membrane nitrogen generator, and cryogenic nitrogen generator.
  • The PSA nitrogen generator segment is anticipated to dominate the global nitrogen generators market throughout the study period.

DGAP-News: Linde plc: Linde Declares Dividend Increase for 2020

Monday, February 24, 2020 - 4:03pm

Guildford, UK, February 24, 2020 - Linde plc (NYSE: LIN; FWB: LIN) today announced its Board of Directors has declared a 10% increase in the company's quarterly dividend to $0.963 per share.

Key Points: 
  • Guildford, UK, February 24, 2020 - Linde plc (NYSE: LIN; FWB: LIN) today announced its Board of Directors has declared a 10% increase in the company's quarterly dividend to $0.963 per share.
  • The dividend is payable on March 20, 2020 to shareholders of record on March 6, 2020.
  • "Linde is committed to increasing its dividends annually and, as such, we are pleased to raise the quarterly dividend again, this year by ten percent," said Chief Executive Officer Steve Angel.
  • Linde is a leading global industrial gases and engineering company with 2019 sales of $28 billion (25 billion).

Taronis Fuels Schedules Delivery of First Gasification Unit to Ankara

Monday, February 24, 2020 - 2:00pm

PHOENIX, AZ, Feb. 24, 2020 (GLOBE NEWSWIRE) -- Taronis Technologies, Inc., (Taronis or the Company) (NASDAQ: TRNX),a sustainability technologies company with patented water decontamination and conservation applications, today announced that its former subsidiary, Taronis Fuels is nearing completion of the first Venturi 50 KW plasma arc gasification unit for delivery to Ankara, Turkey.

Key Points: 
  • PHOENIX, AZ, Feb. 24, 2020 (GLOBE NEWSWIRE) -- Taronis Technologies, Inc., (Taronis or the Company) (NASDAQ: TRNX),a sustainability technologies company with patented water decontamination and conservation applications, today announced that its former subsidiary, Taronis Fuels is nearing completion of the first Venturi 50 KW plasma arc gasification unit for delivery to Ankara, Turkey.
  • Delivery and commissioning of this unit represents the first successful deployment of a Taronis gasification unit into the Republic of Turkey.
  • Successfully commissioning our gasification unit in Ankara is a critical validation in the process for clearing the delivery of the first five 300 KW Venturi plasma arc gasification units at the end of second quarter 2020.
  • We look forward to seeing our first gasification unit fully operational in Ankara in a few short weeks.