Tuesday, April 30, 2013

Air Products Wins First Domestic LNG Heat Exchange Contract

Despite having shipped 100 liquefied natural gas heat exchangers to various natural gas fields around the world, Air Products (NYSE: APD  ) has never had an order from a major domestic LNG producer. Until now.
The specialty gas producer announced that its proprietary C3MR liquefaction technology and equipment for use by LNG projects has been chosen for Dominion's (NYSE: D  ) major liquefaction facility that will be constructed at its existing Cove Point LNG import facility in Lusby, Md.
A joint venture between IHI E&C International and Kiewit selected Air Products' Main Cryogenic Heat Exchanger will be a central component of the proprietary propane pre-cooled mixed refrigerant liquefaction process.

http://www.fool.com/investing/general/2013/04/30/air-products-wins-first-ever-major-lng-heat-exchan.aspx

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