Air products completes $1.81 billion sale of liquefied natural gas process technology and equipment business to honeywell

Strategic divestiture reflects air products' commitment to its industrial gases and clean hydrogen growth strategy all related assets, intellectual property, manufacturing capability, and personnel have successfully transferred to honeywell lehigh valley, pa. , sept. 30, 2024 /prnewswire/ -- air products (nyse: apd) today announced it has completed the sale of its liquefied natural gas (lng) process technology and equipment business to honeywell for $1.81 billion in cash.
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