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Air Liquide Large Industries Turns to Planalytics for Natural Gas and Power Markets Outlooks |
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March 11, 2008
Planalytics Inc. announced today that Air Liquide Large Industries U.S. L.P., a leading industrial gas producer, has licensed its EnergyBuyer® and ImpactPowerSM services.
“As an energy intensive manufacturer with cogeneration capabilities, Air Liquide will benefit from our forward views of natural gas prices and power demand variations,” said Paul Corby, Planalytics’ Senior VP, Energy. “They will be better able to identify opportunities in power markets and to manage energy acquisition costs.”
Planalytics EnergyBuyer is a price analysis and buying advisory service used to manage volatility and the increasing financial risk in energy markets. The service includes access to the EnergyBuyer website with live pricing (Nymex and Globex); buying, hedging and risk management suggestions; accounting and reporting functions; and charting and market research tools. EnergyBuyer clients also receive support services that include direct access to Planalytics meteorologists and market experts, weekly e-newsletters, consultation on risk management strategies and weather alerts. The EnergyBuyer platform continuously evaluates market conditions (including fundamentals, technicals, trading dynamics and weather) to determine when prices are attractive or too high, delivering clients straightforward purchasing guidance in the form of “buy” or “wait” suggestions for individual commodities and months. Pricing and suggestions are available for natural gas, heating oil, crude oil and RBOB (reformulated gasoline).
Planalytics ImpactPower is a planning and analysis tool used to identify weather-driven changes in power demand. ImpactPower's Power Weather Index indicates a percentage change in weather-driven demand versus the corresponding period of the previous year. The Power Weather Index is available in weekly, monthly and seasonal (heating and cooling) intervals for NERC regions and metropolitan areas across North America.
About Air Liquide
Air Liquide Large Industries U.S. LP offers gas and energy solutions to large industry to improve their process efficiency and help them with their environmental responsibilities. In the U.S., the Air Liquide Large Industries business serves the refining, natural gas, chemistry and metals industries. It operates an extensive pipeline system along the Gulf Coast and the Mississippi River as well as providing its customers with on-site gas production capabilities.
With more than 40,000 employees in 72 countries, Air Liquide occupies a position as world leader in industrial and medical gases and related services. Thanks to innovative solutions based on constantly updated technology, Air Liquide produces air-derived gases (oxygen, nitrogen, argon, rare gases...) and other gases such as hydrogen. In this way the Group contributes to the manufacturing of many products used in daily life: bubbles in carbonated beverages, preservative atmospheres for packaged food, oxygen for hospitals and patients at home, ultra-pure gases used in manufacturing semi-conductors, hydrogen for removing sulfur from fuels. See www.airliquide.com.
About Planalytics
Planalytics Inc. (www.planalytics.com) is the singular global source of Business Weather Intelligence® – the actionable information companies need to understand and optimize the impact of weather on their business. Weather is the most volatile of all external factors affecting business performance and Planalytics helps companies proactively manage this risk. Powered by an unparalleled database of weather’s financial and volumetric impacts, proprietary modeling technologies and market-specific expertise, Planalytics’ Business Weather Intelligence is essential to any company, in any industry, looking to effectively shape strategies, pinpoint opportunities and make more profitable decisions.
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