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APD Air Products and Chemicals Inc

259.67
-3.40 (-1.29%)
Last Updated: 20:07:09
Delayed by 15 minutes
Share Name Share Symbol Market Type
Air Products and Chemicals Inc NYSE:APD NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -3.40 -1.29% 259.67 262.45 259.23 261.57 1,125,026 20:07:09

DOE Awards $21.6 Million for 12 Carbon-Capture Projects

02/10/2009 11:10pm

Dow Jones News


Air Products and Chemicals (NYSE:APD)
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The Obama administration on Friday awarded $21.6 million to a dozen companies seeking to capture carbon dioxide emissions from cement plants, chemical plants, oil refineries, paper mills and other industrial sources.

The U.S. Energy Department gave the most money to oil companies, including $3 million to Royal Dutch Shell Plc (RDSA)'s C6 Resources affiliate, and $3 million to ConocoPhillips (COP). It said that the money would be used for initial activities over a seven-month period. Projects with the best performance will be eligible for additional money for design, construction and operation.

The other recipients include Air Products and Chemicals Inc. (APD); Archer Daniels Midland Corp. (ADM); Cemex Inc. (CX); ; Praxair Inc.; Shell Chemical Capital Co; and Wolverine Power Supply Cooperative Inc.

-By Siobhan Hughes, Dow Jones Newswires; 202-862-6654; Siobhan.Hughes@dowjones.com

 
 

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