Majors grapple with fragmenting global helium market
The supply of helium from Gazprom’s Amur Gas Processing Plant in Russia is starting to impact market pricing for the industrial gas majors supplying Asia.
The supply of helium from Gazprom’s Amur Gas Processing Plant in Russia is starting to impact market pricing for the industrial gas majors supplying Asia.
Industrial gas specialist Messer achieved sales of around €4.4bn ($4.7bn) in the 2023 financial year, a figure that surpasses the company’s record sales figures from 2022.
Air Liquide reported group sales up by 2.1% on a comparable basis in its first-quarter (Q1) financial results released today (24th April).
Chart Industries’ Teddy 2 facility in Thedore, Alabama, will be completed in March.
Chart Industries has today (28th February) released record-breaking fourth quarter (Q4) 2023 financial results, with record orders of $1.21bn and sales of $1.02bn.
Industrial gas giant Air Liquide has today (20th February) published its 2023 full year financial results, reporting revenue of €27.61bn, an increase of 3.7% on a comparable basis.
Slowing helium demand in Asia has dented the first-quarter results of Air Products.
Air Products has released its first quarter results, reporting sales of $3bn, down 6% for the prior year.
bp’s profits halved to $13.8bn in 2023 on the back of lower energy prices though resilience in the gas sector helped support the multinational energy group’s overall business.
Japanese industrial gases group Nippon Sanso Holdings Corporation (NSHD) has reported its financial results for the third quarter (Q3) FYE2024, highlighting enhanced profitability, continued disciplined price management, the seizure of business opportunities in the electronics...