my.chemeurope.com
With an accout for my.chemeurope.com you can always see everything at a glance – and you can configure your own website and individual newsletter.
04-20-2007: Air Liquide announces the acquisition of the engineering firm Lurgi, which is owned by Global Engineering Alliance (GEA Group AG), based on an equity value of approximately 550 million euros, which is equivalent to an enterprise value of 200 million euros after including the assumption of Lurgi's cash position as well as its pension and other liabilities. The transaction is subject to approval by the European and American competition authorities.
With nearly 1,300 employees and total sales of around 850 million euros in 2006, Lurgi, a German-based company, has a particularly large portfolio of technologies, from producing hydrogen and synthesis gas to biofuel production processes (bio-ethanol, bio-diesel). Its main engineering centers are situated in Germany, Poland, United States, India and South Africa.
Watchlist
This is where you can add this news to your personal favourites
Lurgi to manage Technology Coordination for Hydrocracker
Lurgi GmbH, Frankfurt, a subsidiary of the Air Liquide Group, recently received an order from OJSC “TAIF-NK”, Nijhnekamsk, Tatarstan to manage the technology coordination for a hydrocracker and downstream process units to be built in the Russian refinery TAIF-NK. Lurgi’s task will be to mon ... more
Basell, the National Gas Company of Trinidad and Tobago, Ltd. (NGC), and the National Energy Corporation of Trinidad and Tobago, Ltd. (NEC) announced that they have entered into a Memorandum of Understanding (MOU) confirming their intention to construct and operate a fully integrated polypr ... more
Air Liquide finalises Lurgi acquisition
Air Liquide has finalised on 20 July 2007, its acquisition of the engineering firm Lurgi for an enterprise value of EUR200 million, after obtaining approval from the relevant competition authorities and as described in the press release dated 17 April 2007. The integration of Lurgi into th ... more
Solvay and Air Liquide to form a worldwide fluorine gas business joint venture
Solvay and Air Liquide announced they have entered into an agreement to form a worldwide fluorine gas business joint venture. It will build, own and operate modular on-site fluorine cleaning gas units for the flat panel display and silicon thin film photovoltaic industries and thus offer th ... more
Air Liquide: Further investment in Singapore
Air Liquide, through SOXAL, its Singapore wholly-owned subsidiary, will invest around €35 million (S$60 million) to expand its industrial gas infrastructure on Jurong Island and supply oxygen and nitrogen under a long term supply agreement to CCD (Singapore), a joint venture between Taiwan’ ... more
Air Liquide: Further investment in China
Air Liquide and Sinopec (China Petroleum and Chemical Corporation) have agreed on the supply of gaseous oxygen and nitrogen to Maoming branch of Sinopec (MPCC) 200,000 Nm³/h coal-to-hydrogen project and existing refinery in Maoming, Guangdong province, China. This refinery expansion project ... more
We have made a commitment to create value for our customers throughout the world by bringing them innovative technologies, products and services in our core business: industrial and medical gases and related activities. We have made a commitment to promote our employees’ careers, preserve ... more
Air Liquide - Division Matériel Cryogénique (DMC)
You seek to optimise the management of your biological products and cryogenic flows : we provide solutions suited to your requirements. more
About CHEMIE.DE
CHEMIE.DE Information Service GmbH runs specialist scientific internet portals. The secret to our success? We are familiar with what we publish.
Advertising at CHEMIE.DE
Our advertising formats support you in getting your message across to a clearly defined target audience.
© 1997-2011 CHEMIE.DE Information Service GmbH, All rights reserved
