Thermal News highlighted this report on the Aerogel Market. Two interesting stats : the current market size is $260m pa; Financial loss at Aspen Aerogels over the past ten years – $280m.
Exxon Mobil’s 2017 Outlook for Energy projects global LNG trade to grow 2.5 times by 2040. Central and European Gas infrastructure developments connecting Russian pipe gas and Global LNG are described here. You can download the latest Nexant Briefing Note on Gas and LNG here. (They predict an average Brent oil price of $55 a barrel in 2017.) And not directly Cryogenic, but maybe of interest, the World Bank, reporting on gas flaring says it’s going up (the FT equates flared gas with the annual consumption of UK, Germany and Switzerland combined.)
News in Science & Healthcare
Cryogenics as a Force for Good : gasworld reports on a mobile oxygen trailer from Chart Industries, providing emergency backup to hospitals and mass casualty situations.
NASA’s Cryogenic Test Lab at Kennedy Space Centre has been helping Technip in France with aerogel technology for design of the massive Prelude Floating LNG vessel for Shell, and working on insulation standards and cryogenic tanks for automotive applications. NASA technologists have also developed a superconducting Transition Edge Sensor.
‘Phononic Lamb Shift’ (a variation on the original Lamb Shift first measured in 1947 and defying classical understanding of empty space) measured in Heidelberg, using Bose Einstein Condensates.
Who better than John Raquet to write in his own gasworld magazine about the reconvened Praxair-Linde ‘merger’ discussions … (with the delightful reminder that Praxair once was Linde in America.) Phil Kornbluth posted an ‘expectation that helium will be an area of significant regulatory scrutiny; Linde and Praxair are in the Big 4 in Global Helium with a combined market share greater than 40%.
Canon has bought Toshiba Medical for $6bn, in a dodgy-sounding deal, helping offset over $1bn damage for an accounting scandal at Toshiba.
Brooks Automation acquired Cool Lab – sample cooling, freezing, transport and storage specialist from BioCision.
Russia’s Rosneft, looking to step up its LNG presence vs arch rival Gazprom, has bought a stake in the Mediterranean Zohr project, not long after selling 20% of itself to leading LNG producer Qatar …
Events & Education
The CERN High Luminosity (HiLumi) upgrade programme takes place over the next decade. CERN is organising industry events to promote HiLumi, one jointly with STFC at Daresbury Laboratory on May 22-23 (originally planned for March 30).