Honeywell announced the completion of its acquisition of Air Products’ liquefied natural gas, LNG, process technology and equipment business for $1.81 billion in an all-cash transaction. This further expands the comprehensive suite of top-tier solutions Honeywell offers its customers for managing their energy transformation journey. “The acquisition of Air Products’ LNG process technology and equipment business strengthens Honeywell’s energy transition portfolio and will enable our customers to manage their liquefied natural gas assets with greater efficiency and reliability,” said Ken West, President and CEO of Honeywell’s Energy and Sustainability Solutions segment. “With the integration of the LNG business, we will be able to provide a greater level of energy transition management from beginning to end through a full spectrum of scalable solutions.”

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