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via finance.yahoo.comBusiness & Companies

Air Products to Supply Malaysia's First LNG-Based Air Separation Unit

FROM THE WIRE · FINANCE.YAHOO.COM

Project improves energy efficiency and supports industrial growth in Malaysia KUALA LUMPUR, Malaysia, Oct. 8, 2026 /PRNewswire/ -- Air Products (NYSE: APD), a world-leading industrial gases company that has served Malaysia for more than 50 years, today announced it has concluded…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA new contract for Air Products in Malaysia supports industrial growth and energy efficiency in the industrial gases sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Air Products concluded a definitive agreement with PG Cold Energy 1, a joint venture led by PETRONAS Gas Berhad and DIALOG Group Berhad.
  2. 02The LNG-based air separation unit will be designed, built and operated at the Pengerang LNG regasification terminal in Johor.
  3. 03The facility will produce over 600 tonnes per day of liquid oxygen, nitrogen and argon, expected to come onstream by early 2027.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Air Products and Chemicals, Inc.APDStock278.12 USDMarket closedtoday -1.02%Positive PETRONAS Gas Berhad6033.KLSEStock17.14 MYR+0.12%today -0.70%Neutral Dialog Group Berhad7277.KLSEStock1.90 MYR-0.52%today +0.53%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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