Air Products & Chemicals Inc.
) will showcase its proprietary and world's leading liquefied
natural gas (LNG) technology by making two presentations for
natural gas liquefaction at the ongoing 2014 Gastech Conference
and Exhibition in Goyang City, South Korea.
The first presentation will be made on "Navigating the waves of
Floating LNG: A guide to liquefaction process cycle selection" by
Air Products' principal process engineer Jon Berg during the
Conference's Center of Technical Excellence (CoTE) session on
liquefaction on Mar 25.
The second presentation will be made on "State-Of-The-Art
Nitrogen Removal for Natural Gas Liquefaction", a paper to be
presented by Air Products' senior principal process engineer, as
part of the Technical Stream on Emerging & Ground-Breaking
Gas Technologies session to be held on Mar 26.
The importance of Air Products' LNG technology lies in its
ability to meet the world's increasing energy needs and desire
for clean energy by processing and cryogenically liquefying
valuable natural gas for both consumer and industrial use.
Air Products' LNG technology operates in 15 countries worldwide,
in the remotest of locations where it takes natural gas, a
stranded valuable resource, unlocks it by liquefying it and makes
it possible to economically ship it across the globe. Eventually,
LNG is re-gasified for energy use.
Air Products offers process technology and essential equipment
for the natural gas liquefaction process for large export plants,
small and mid-sized LNG plants, floating LNG plants and LNG peak
shavers. The company also engineers, designs and manufactures the
heat exchanger equipment for LNG projects.
Air Products provides both nitrogen and natural gas dehydration
membrane systems for offshore platforms at upstream. On the
downstream, the company provides dry inert gas generators for LNG
carriers, shipboard membrane nitrogen systems, and land-based
membrane and cryogenic nitrogen systems for LNG import terminals
and base-load LNG plants.
For over seven decades, Air Products has been providing
atmospheric, process and specialty gases, performance materials,
equipment and technology to its customers. The company's products
have enabled customers to become more productive, energy
efficient and sustainable by supplying innovative solutions to
the energy, environment and emerging markets.
Air Products currently retains a Zacks Rank #3 (Hold).
Other companies in the chemical industry worth considering
Cytec Industries Inc.
The Dow Chemical Co.
), all three carrying a Zacks Rank #2 (Buy).
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