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Industrial Applications for Specialty Gases & Liquid Waste Conversions into Hydrogen Based Fuels Lead to Advanced Uses for Improving Productivity Utilizing Patented Technology

CORAL SPRINGS, Florida, July 29, 2015 /PRNewswire/ --

New advancements in the production of industrial and commercial specialty gases, waste to fuel uses and hydrogen based fuels increases the economical alternative for offering ideal applications resulting in creating new opportunities for leading basic materials and chemical companies.  Latest developments of note in the industry are MagneGas Corporation (NASDAQ: MNGA), Airgas, Inc. (NYSE: ARG), Eastman Chemical Company (NYSE: EMN), Golar LNG Limited (NASDAQ: GLNG), Praxair, Inc. (NYSE: PX) and Air Products & Chemicals Inc. (NYSE: APD)

MagneGas Corporation (NASDAQ: MNGA), a leading technology company that counts among its inventions a patented process that converts liquid waste into MagneGas® fuel, announced today that a major waste to energy company, which previously viewed a demonstration of MagneGas® fuel for metal cutting, has placed multiple orders.  Company officials viewed a MagneGas demonstration in Florida and requested formal testing at their company headquarters.  Testing was successful and the Company has placed multiple orders of MagneGas(R) for metal cutting to begin roll-out of the product to their facilities. MagneGas® will be used as a replacement to acetylene for repairs and demolition. The waste to energy company has 45 facilities throughout the world that process large volumes of solid waste into renewable energy.  The company is publicly traded on the NYSE, with a market value of over $2 billion. Their name is being held confidential until completion of the roll out.

Read the full MNGA Press Release at

"This is just another example of the execution on our strategy to attract marquee customers that can have a significant impact on revenue as the product rolls out to multiple locations.  As with other customers of this size, the testing and demonstration took time, but in the end they saw the benefits of MagneGas for metal cutting. We look forward to filling these initial orders and moving forward to supply several locations," commented Ermanno Santilli, CEO of MagneGas Corporation.

In other Basic Materials & Specialty Gases news and happenings:  Airgas, Inc. (NYSE: ARG), one of the nation's leading suppliers of industrial, medical, and specialty gases, and related products, recently announced that it has recently acquired the assets and operations of Weldinghouse, Inc. and its affiliates, effective July 17, 2015, and Priority Energy Services, LLC, effective July 20, 2015. Financial terms of the transactions were not disclosed. The Company has now completed nine acquisitions since beginning its 2016 fiscal year on April 1, 2015, totaling approximately $74 million in aggregate acquired revenue.  ARG closed up on Tuesday at $100.90 on over 900,000 shares traded by the market close.

Eastman Chemical Company (NYSE: EMN) this week announced earnings, excluding non-core items, of $2.01 per diluted share for second quarter 2015 versus $1.92 per diluted share for second quarter 2014. Reported earnings were $1.98 per diluted share for second quarter 2015 versus $1.92 per diluted share for second quarter 2014. For detail of the excluded items and reconciliation to reported company and segment earnings, see Tables 3A and 4.  Read the full release at

Golar LNG Limited (NASDAQ: GLNG) announced last week that it has executed agreements for conversion of the 126,000 m3 LNG carrier Gandria to a Golar floating liquefaction facility ("GoFLNG"). As with the GoFLNG Hilli and Gimi conversions, the primary contract for the GoFLNG Gandria was entered into with Singapore's Keppel Shipyard Limited ("Keppel"). The Gandria conversion contract marks the exercise of the second of two options that formed part of the initial 2014 Hilli conversion contract. Black & Veatch will provide its licensed PRICO(R) technology, perform detailed engineering and process design, specify and procure topside equipment, and provide commissioning support for the GoFLNG topsides and liquefaction process.  GNLG closed up over 5% at $43.24 on just under 1Million shares traded by the market close on Tuesday.

Praxair, Inc. (NYSE: PX) also last week announced the introduction of its patented OPTIMELTTM thermochemical regenerator system. The company's technology productively recovers waste energy from furnace flue gases, reducing emissions and improving the energy efficiency of glass production.  Through the process, incoming natural gas is heated and reacted with a portion of waste flue gas to produce a hot syngas fuel that captures both the heat and chemical potential of the waste stream. This process can result in a reduction in fuel consumption of up to 20 percent compared to oxy-fuel glass furnaces and as high as 30 percent when compared to air-fuel furnaces. In addition to increased productivity, reduced emissions and fuel savings, the OPTIMELT system delivers operational benefits that help ensure production of high-quality glass. The OPTIMELT system equipment is custom designed by Praxair and can be installed with new furnaces or retrofitted to existing facilities.  PX closed up on Tuesday at $115.38 on over 1.9Million shares traded by the market close.

Air Products (NYSE: APD) highlighted the reliability and efficiency of its medical oxygen supply systems-including high efficiency systems that reduce oxygen loss and systems for emergency oxygen supply-at the 52nd ASHE Annual Conference and Technical Exhibition in Boston, Mass., held during July 12-15.  Air Products offers High Efficiency Supply Systems for liquid oxygen that can reduce the loss of normally vented oxygen by as much as 30 percent. Using patent-pending technology, these systems first pull oxygen in the form of a gas, rather than a liquid, to eliminate a rise in the tank's pressure, thereby reducing the product loss by venting that would otherwise result. Depending on volume requirements, Air Products' High Efficiency Supply Systems can work with many medical or industrial gases applications that employ batch/intermittent usage or start-and-stop consumption.  APD closed up at $132.82 on Tuesday on over 1.7Million shares traded by the market close. is leading provider of third party publishing & news dissemination services.  If you would like more information regarding our news coverage solutions, please visit for more details.  Get an edge on the market with our Premium News Alerts that are FREE for a limited time at  Follow us on Facebook: and Twitter:

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated three thousand nine hundred dollars for news coverage of the current press release issued by MagneGas Corporation by a non-affiliated third party.  FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

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