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Air Products (APD -0.6%) acquires an air separation unit and integrated gases liquefier in...

Air Products (APD -0.6%) acquires an air separation unit and integrated gases liquefier in Guiyang, China from Guizhou Kaiyang Chemical. The unit will produce approximately 2K tons per day of gaseous oxygen and nitrogen to be supplied to Guizhou Kaiyang Chemical's coal to ammonia facility. Liquid product will be sold predominantly to the region's industries on the merchant market, with some also being sold to Guizhou Kaiyang Chemical. APD expects to be onstream by October.
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