22 March 2012 18:57 [Source: ICIS news]
HOUSTON (ICIS)--Air Products acquired the advanced absorption assets from Canada-based Xebec Absorption, the US-based industrial gases producer said on Thursday.
Air Products did not disclose the terms of the acquisition.
Air Products bought the technology as well as the intellectual technology and know-how concerning structured absorbents, beaded absorbents and rotary valves.
Air Products also acquired Xebec's technology centre and testing facilities in Burnaby and Surrey, both in British Columbia.
The absorbents are used to purify gases, and absorption systems are part of the front-end pre-purification technology used in air separation units (ASU), Air Products said. These units would remove water and carbon dioxide as well as purify synthesis gas (syngas).
"This technology acquisition also provides an offering foundation to enter new gas clean-up and purification markets," according to a statement by Monty Alger, chief technology officer for Air Products.
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