Respond to Rising Compressor and Membrane Demand Signals

The company also noted that gas and process compressor projects typically carry longer lead times than other compressor products, meaning much of the recent order growth will translate into revenue over a longer period. For the broader Atlas Copco Group, second-quarter revenue increased 9% to SEK 45

Atlas Copco also reported improving demand for industrial compressors, with order growth in both small and large compressor categories. North America and Asia led year-over-year growth, while the compressor service business continued to expand across all regions

” The company cautioned that large gas and process compressor orders remain project-driven and can fluctuate significantly from quarter to quarter because of long sales cycles and customer investment timing

According to the company, the expansion was driven by increasing demand for membrane systems used in biogas upgrading and hydrogen recovery, along with nitrogen generation systems for aerospace applications and cleaner marine fuels

Air Products Membrane Solutions has completed a $70 million expansion of its Missouri Manufacturing and Logistics Center, increasing production capacity to meet rising demand from the biogas, hydrogen, industrial gas and marine sectors. The investment, the largest ever made by Air Products Membrane Solutions at a single site, expands manufacturing of the company’s hollow-fiber membrane separation technologies used for onsite gas generation, gas purification and process optimization

“This new building significantly increases our production capacity, allowing us to meet growing demand while improving efficiency, flexibility and responsiveness,” said Rob Smegner, plant manager for Air Products Membrane Solutions. Supporting growing demand Air Products Membrane Solutions develops, engineers and manufactures hollow-fiber membrane separators and engineered gas separation systems for industrial, energy and marine applications

(Image: Geosyntec Consultants) Shell has taken a final investment decision (FID) to develop a small-scale LNG regasification terminal in The Bahamas, expanding the company’s LNG-to-power portfolio while supporting the Caribbean nation’s transition away from fuel oil and diesel-fired electricity generation. As part of the investment, Shell Bahamas Power Company Inc

Shell has taken a final investment decision (FID) to develop a small-scale LNG regasification terminal there

Shell has taken a final investment decision (FID) to develop a small-scale LNG regasification terminal there. (Image: Geosyntec Consultants) Shell has taken a final investment decision (FID) to develop a small-scale LNG regasification terminal in The Bahamas, expanding the company’s LNG-to-power portfolio while supporting the Caribbean nation’s transition away from fuel oil and diesel-fired electricity generation