Honeywell acquires Air Products' LNG process technology and equipment business for $1.81bn.

Honeywell has finalized its acquisition of Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81 billion. This deal enhances Honeywell's capabilities in the LNG sector, reflecting ongoing consolidation in the energy industry. The acquisition aims to strengthen Honeywell's position in providing technology solutions for LNG production and processing.

September 30, 2024
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