Niche Markets For Conversion of Liquid Gas to Eco-Friendly
Hydrogen Based Fuels Designed For Commercial, Industrial &
Utility Applications Driving Expansion Opportunities
Coral Springs, FL - (January 12, 2016) -- Increased productivity
for hydrogen based fuel uses lead to opportunities for driving
expansion projects as focus for safety attributes and eco-friendly
applications become less costly. Specialty Gases &
Diversified Chemical stocks with recent financial earnings news and
achievements in focus are MagneGas Corporation (NASDAQ:
MNGA), Air Products and Chemicals, Inc. (NASDAQ:
APD), Airgas, Inc. (NYSE:
ARG), Praxair, Inc. (NYSE:
PX) and UGI Corporation (NYSE:UGI)
MagneGas Corporation (NASDAQ:
MNGA) a leading technology company that counts among its
inventions a patented process that converts liquid waste into
MagneGas2 fuel, announced today that a major utility company that
has been using MagneGas2 fuel for metal cutting, is expanding use
of the fuel into multiple locations. As one of the
largest electric holding companies in the United States, safety and
productivity are of paramount importance. The utility has
been undergoing a training and rollout program with MagneGas2 for
several months at one facility and now wishes to expand the use of
MagneGas2 into another two facilities. The second facility
has placed their initial order and the third facility plans to
begin the use of MagneGas in the next 90 days as supply is
available.
Read the full MagneGas (MNGA)
Press Release at http://www.financialnewsmedia.com/profiles/mnga.html
This utility company, as is required in the industry, each year
shuts down its facility and replaces, repairs and/or refurbishes
much of its steel and other parts made from various metals. In
addition to its increased cutting speed and its ecofriendly
attributes, MagneGas 2 has proven itself to be an efficient and
cost saving way for this utility to limit the amount of down time
required. MagneGas continues to execute on its strategy of laying
the ground work for future growth by establishing relationships
with large marquee customers. As we bring additional MagneGas
fuel production facilities online, we anticipate the opportunity to
further expand, as most of our marquee customers have multiple
locations. We hear time and again that we are the fastest
product on the market. This is just another of many examples
that validate our performance, stated Ermanno Santilli, CEO of
MagneGas Corporation.
In recent announcements of financial results reporting in the
gases/specialty chemicals sectors: Air Products (NYSE:
APD) will release its fiscal 2016 first quarter financial
results on Friday, January 29, 2016 before the stock
market opens and will review these results later that day in a
teleconference at 10:00 a.m. ET. The teleconference will be
open to the public and the media in listen-only mode by telephone
and Internet broadcast. Live
teleconference: 913-312-1411 - Passcode:
8688406 - Internet broadcast/slides: Available on the Event Details
page on Air Products' Investor Relations website.
Airgas, Inc. (NYSE:
ARG), one of the nations leading suppliers of industrial,
medical, and specialty gases, and related products, also announced
that it will release its fiscal 2016 third quarter earnings before
the market opens on Thursday, January 28, 2016. In light of
the recent announcement regarding the merger with Air Liquide,
Airgas will not conduct a quarterly earnings conference call, is no
longer issuing financial guidance and is withdrawing previous
financial guidance.
Praxair, Inc. (NYSE:
PX) as well will release its fourth quarter 2015 financial
results onJanuary 29, 2016, before the market opens and will host a
conference call at 11:00 a.m. ET that morning. Following
are details for the listen-only conference call, which will be
available live and on demand to the public and the media. Live
conference call number: (631) 485-4849 Conference ID:
15532199 - Live webcast: Listen-only mode via live webcast
at praxair.com/investors
And finally, UGI Corporation (NYSE:UGI) recently today that
it will release its first quarter earnings after the market closes
on February 1. The company will hold a live internet audio
webcast of its conference call to discuss results and other current
activities at 9:00 AM EST on Tuesday, February
2. Interested parties may listen to the audio webcast both
live and in replay on the Internet at http://www.ugicorp.com/investor-relations/events-and-presentations/default.aspx
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