Airgas to build new liquid carbon dioxide plant in Houston area Airgas announced plans to build a new 450 ton-per-day liquid carbon dioxide plant in the greater Houston area to replace its plant at the Shell Deer Park Refinery complex that is expected to close late this year. Airgas has entered into long-term agreements with affiliates of Denbury Resources to transport and deliver feedstock of raw carbon dioxide to the new Airgas facility.
News For ARG From The Last 14 Days
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Airgas reiterates FY15 EPS view $5.00-$5.20, consensus $5.10 Full year guidance includes a negative $0.11 to $0.16 per diluted share year-over-year impact from variable compensation reset following a below-budget year in fiscal 2014. The Company currently expects the contribution from its refrigerants business to year-over-year earnings per diluted share growth in fiscal 2015 to be slightly favorable.