The commercial industrial gases market in the Philippines estimated to have generated revenues of $300 million in 2016. This is up from $110 million in 2006, indicating an impressive average annual growth rate of 11% for the decade.
So the European Commission (EC) has reportedly rebuffed the original merger proposals put forward by Praxair and Linde, issuing a confidential Statement of Objection (SO) in the latest step of this marathon of a mega merger.
Few of us will be able to pick up a newspaper, check out the news online, or turn on the TV/radio without hearing about a possible trade war in-the-making, but at what cost for the gases industry around the world? Rob Cockerill explores a steely issue for the metallurgy markets.
What an interesting time to be in the industrial gases business, and particularly so in the Americas region. News of Corning Painter’s departure from Air Products this week is the second big executive departure to be disclosed in as many months in the US.
Month on month the gasworld website continues to be the primary portal for information, on a global scale, about our industry - be it through the provision of news and features, or information in the expansive company directory section. Launched in 2004, it is the only independent online news provider and information portal for the global industrial gas community and the larger end-user markets. The website also now incorporates news for gasworld US and Specialty Gas Report.