LNG

Air Products, the leading industrial gases company and LNG equipment-maker, said it planned to build new gas plants and expand pipelines in the northwest Malaysian state of Penang.

Air Products, the leading provider of LNG equipment, reported a 3 percent decline in fiscal second-quarter net profits as it continued as the main LNG processing technology provider while building up a global industrial gases business with projects progressing in nations such as Malaysia, China, Saudi Arabia and South Korea.