08:50 AM EDT, 09/30/2024 (MT Newswires) -- Air Products and Chemicals ( APD ) said Monday that it has completed the sale of its liquefied natural gas process technology and equipment business to Honeywell ( HON ) for $1.81 billion in cash.

The company said the assets, manufacturing capability, and personnel associated with the LNG process technology and equipment business have been transferred to Honeywell ( HON ). This includes approximately 475 employees and a manufacturing facility in Port Manatee, Florida.