By James Barr2016-12-12T14:01:00+00:00
With increased attention being drawn to the deal to acquire Daesung Industrial Gases, gasworld Business Intelligence is pleased to announce the publication of its South Korea industrial gas market report.
The new, in-depth study covers all aspects of the South Korea industrial gas market; from the structure of supply to profiles of all the leading companies. The report also features analysis of the end-user market for industrial gases, alongside capacity listings for all known air separation units, carbon dioxide plants and HyCO facilities.
The South Korea industrial gas market was valued at $1.8bn in 2015, with Linde, Air Products Korea, Praxair Korea, Air Liquide, Taiyo Nippon Sanso Corporation and Daesung Industrial Gases all operating important production and distribution networks in the country.
The market is currently a hot topic in terms of M&A activity – in October 2016, Linde announced it signed a deal acquire Air Liquide’s Industrial Merchant business in the country, whilst more recently, the bidding war for Daesung Industrial Gases has been intensifying.
Daesung Industrial Gases, one of the biggest players in South Korea’s industrial gases market, is reportedly the subject of an auction process that would see the Goldman Sachs Group relinquish its controlling stake in the company.
The Japanese industrial gas sector is dominated by three companies that between them control over 70% of the market. The biggest is Taiyo Nippon Sanso (TNS), followed by Air Water and Air Liquide. Other companies with a sizeable presence include Iwatani and Showa Denko.
Month on month, the gasworld website is the market-leading news portal for the global industrial gas sector, growing at an unprecedented rate and keeping its readers at the forefront of breaking news, insightful analysis and must-see features across the industry. Launched in 2004 and continually evolving, it is the only independent online news, views and intelligence portal for the global industrial gas community and the larger end-user markets – and home to the ever-increasing range of gasworld platforms.
To find out more about gasworld's advertising opportunities click here.