gasworld Business Intelligence investigates how the Chemical Activity Barometer relates to the US industrial gases business.
The potential Praxair-Linde merger may not affect the Asian market on the same scale as in European and North American markets. However, there are a few regions where anti-trust authorities could impose divestments onto the newly combined company.
The Messer Group is set to build the largest industrial gases production facility in Vietnam after signing a new supply deal with the country’s largest steel producer.
China is currently the second largest industrial gas market in the world, behind the US. Many Tier One companies are therefore keen to expand their respective footprints in the region, as displayed by the following recent capacity additions.
As speculations continues to grow around the potential impact of the Praxair-Linde merger, gas world Business Intelligence looks into the consequences for the South American region in more detail.
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