$MNGA news, Niche Markets For Conversion of Liquid Gas

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Niche Markets For Conversion of Liquid Gas to Eco-Friendly Hydrogen Based Fuels Designed For Commercial, Industrial & Utility Applications Driving Expansion Opportunities
21 minutes ago - DJNF
CORAL SPRINGS, Florida, January 12, 2016 /PRNewswire/ --

Increased productivity for hydrogen based fuel uses lead to opportunities for driving expansion projects as focus for safety attributes and eco-friendly applications become less costly. Specialty Gases & Diversified Chemical stocks with recent financial earnings news and achievements in focus are MagneGas Corporation (NASDAQ: MNGA), Air Products and Chemicals, Inc. (NASDAQ: APD), Airgas, Inc. (NYSE: ARG), Praxair, Inc. (NYSE: PX) and UGI Corporation (NYSE:UGI)

MagneGas Corporation (NASDAQ: MNGA) a leading technology company that counts among its inventions a patented process that converts liquid waste into MagneGas2(R) fuel, announced today that a major utility company that has been using MagneGas2(R) fuel for metal cutting, is expanding use of the fuel into multiple locations. As one of the largest electric holding companies in the United States, safety and productivity are of paramount importance. The utility has been undergoing a training and rollout program with MagneGas2(R) for several months at one facility and now wishes to expand the use of MagneGas2(R) into another two facilities. The second facility has placed their initial order and the third facility plans to begin the use of MagneGas in the next 90 days as supply is available.

Read the full MagneGas (MNGA) Press Release at http://www.financialnewsmedia.com/profiles/mnga.html

This utility company, as is required in the industry, each year shuts down its facility and replaces, repairs and/or refurbishes much of its steel and other parts made from various metals. In addition to its increased cutting speed and its ecofriendly attributes, MagneGas 2(R) has proven itself to be an efficient and cost saving way for this utility to limit the amount of down time required. "MagneGas continues to execute on its strategy of laying the ground work for future growth by establishing relationships with large marquee customers. As we bring additional MagneGas fuel production facilities online, we anticipate the opportunity to further expand, as most of our marquee customers have multiple locations. We hear time and again that we are the fastest product on the market. This is just another of many examples that validate our performance," stated Ermanno Santilli, CEO of MagneGas Corporation.

In recent announcements of financial results reporting in the gases/specialty chemicals sectors: Air Products (NYSE: APD) will release its fiscal 2016 first quarter financial results on Friday, January 29, 2016 before the stock market opens and will review these results later that day in a teleconference at 10:00 a.m. ET. The teleconference will be open to the public and the media in listen-only mode by telephone and Internet broadcast. Live teleconference: 913-312-1411 - Passcode: 8688406 - Internet broadcast/slides: Available on the Event Details page on Air Products' Investor Relations website.

Airgas, Inc. (NYSE: ARG), one of the nation's leading suppliers of industrial, medical, and specialty gases, and related products, also announced that it will release its fiscal 2016 third quarter earnings before the market opens on Thursday, January 28, 2016. In light of the recent announcement regarding the merger with Air Liquide, Airgas will not conduct a quarterly earnings conference call, is no longer issuing financial guidance and is withdrawing previous financial guidance.

Praxair, Inc. (NYSE: PX) as well will release its fourth quarter 2015 financial results onJanuary 29, 2016, before the market opens and will host a conference call at 11:00 a.m. ET that morning. Following are details for the listen-only conference call, which will be available live and on demand to the public and the media. Live conference call number: (631) 485-4849 - Conference ID: 15532199 - Live webcast: Listen-only mode via live webcast at praxair.com/investors

And finally, UGI Corporation (NYSE:UGI) recently today that it will release its first quarter earnings after the market closes on February 1. The company will hold a live internet audio webcast of its conference call to discuss results and other current activities at 9:00 AM EST on Tuesday, February 2. Interested parties may listen to the audio webcast both live and in replay on the Internet at http://www.ugicorp.com/investor-relations/eve...fault.aspx

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services. If you would like more information regarding our news coverage solutions, please visit financialnewsmedia.com for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at financialnewsmedia.com. Follow us on Facebook: facebook.com/financialnewsmedia and Twitter: twitter.com/FNMgroup.

DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNMG has been compensated three thousand seven hundred dollars for news coverage of the current press release issued by MagneGas Corporation by the company. FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

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Contact email: editor@financialnewsmedia.com

U.S. Phone: +1-954-345-0611

SOURCE FN Media Group LLC

(END) Dow Jones Newswires

January 12, 2016 08:30 ET (13:30 GMT)
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