Author - Toby Pimlott

Return on capital employed (ROCE) is a profitability ratio that measures how efficiently a company can generate profits from its capital employed by comparing net operating profit to capital employed.

This month’s country focus explores the rapidly growing industrial gas market in Thailand, as well as the impact the potential Praxair/Linde merger could have on dynamics in the region.

In the third instalment of the business plan series, gasworld Business Intelligence explores TNSC’s Ortus strategy.

In 2015, the European market was valued at €16.7bn ($18.6bn). Growth has been relatively flat in most Western European markets, whereas their Eastern European counterparts have fared slightly better.

The Iberian industrial gas market, incorporating Portugal and Spain, was valued at just over $1.4bn in 2015. The region has experienced growth of 1.4% p.a. over the course of the last decade (2005-2015).

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...

On the 18th of September 2014, newly appointed CEO Seifi Ghasemi introduced the Air Products Five-Point Plan. Prior to his appointment at Air Products, Ghasemi has had a history of successfully restructuring companies under his control.

On the 6th July 2016, at its Capital Markets Day, Air Liquide announced the implementation of a customer-centric, profitable growth strategy ‘NEOS’,for the period 2016-2020.

In 2015, the South American market was valued at $3.1bn, down from $3.8bn in 2014. A large proportion of this can be attributed to currency fluctuations in the main market of Brazil.

As 2016 drew to a close, the South Korean industrial gases market was under intense scrutiny, as leading domestic company Daesung Industrial gases was subject to a large amount of M&A interest.