Air Products Receives Contract Award for Golden Pass Products
Air Products (APD) announced on February 18 that the company has received a contract to provide its proprietary LNG technology and equipment to Golden Pass Products, LLC. Air Products will use its Port Manatee, Florida facility to manufacture the equipment for the project. Golden Pass Products is a joint venture between Qatar Petroleum and ExxonMobil for the Golden Pass LNG Export Project in Sabine Pass, TX.
Sonal alerted subscribers of the news at 10:30 am. The stock price opened at $173.28 and increased to $181.20 over the next five trading sessions. That makes a gain of 4.6% following the event announcement.
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