Air Products has completed the $1.81bn sale of its liquefied natural gas (LNG) process technology and equipment business to Honeywell.

Honeywell's full-service solution now provides customers a holistic offering that encompasses natural gas pre-treatment, state-of-the-art liquefaction and digital automation technologies'.

Honeywell International Inc. HON has completed the acquisition of Air Products and Chemicals, Inc.’s APD liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in cash.

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.