LNG equipment maker Air Products off-loads unit to German firm for $3.8Bln in cash to restructure

Monday, 09 May 2016

Air Products of the US, the leading maker of liquefied natural gas processing equipment, has sold its Performance Materials Division (PMD) to Germany’s Evonik Industries AG, a specialty chemicals and materials company, for $3.8 billion in cash.


Subscriber content
 

This content is available only to subscribers
please log in below or subscribe now / request a free trial
 
 
Last modified on Monday, 09 May 2016 05:06
Rate this item
(0 votes)