• US Dollar:Flag

    Growth expected to gain momentum in first quarter


    Welding hardgoods and industrial gas revenues improved in the fourth quarter (Q4) of 2020 and growth is expected to pick up in Q1 this year, according to the latest results of the Baird/gasworld Welding and Industrial Gas Survey.

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    Covid-19 causes major slowdown, 18% revenue dip in April


    Baird/ gas world Welding and Industrial Gas Survey, Q2 2020

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    Chemistry and the economy: 2018 outlook


    Every six months, the American Chemistry Council (ACC) does a survey of the chemical industry. Resident expert economist, Paul Hodges, examines the rises and falls in the economy and presents his views on the underlying forces driving the market.

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    Tackling over-capacity: An interview with the SMA


    Compromised capacity utilisation, the influx of cheap imports, and a serious erosion of profitability have forced the closure of several high-profile steel plants in the last three years.

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    Oil – sustained low prices, sustained impact


    The Linde Group has delivered increases in both group revenue and operating profit in its 2016 financial results released today, hampered only by the lower contribution from its Engineering Division and adverse exchange rate effects.

  • rob cockerill

    Structural challenges continue


    It will be interesting to see what projections The World Steel Association ( worldsteel)  presents next month in its April 2017 Short Range Outlook (SRO) report.

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    Race to the White House: Another step into the unknown


    When driving home from the office last night, I realised I was muttering along to the chorus of This Is Not America . I found myself thinking about the race to the White House and what the America of tomorrow will look like.

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    Air Liquide Q3 financials: A new phase begins


    Air Liquide has released solid financials in its latest results after Airgas operations contributed to the group’s performance over a full quarter for the first time, resulting in a total revenue upswing of 23.9%.

  • Dollar currency finance business

    Acceleration in US GDP in second quarter


    US real gross domestic product (GDP) increased at an annual rate of 1.1% in the second quarter of 2016 according to the ‘second’ estimate released by the US Bureau of Economic Analysis (BEA).

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    Real GDP up in second quarter advance estimate


    According to the advance estimate released by the Bureau of Economic Analysis, real gross domestic product (GDP) increased at an annual rate of 1.2% in the US in the second quarter of 2016.

  • rob cockerill

    The ‘Brexit’ – a step into the unknown for the gases industry?


    Most would agree upon the effects of collapse in oil prices over the last 18 months as it has fallen to as low as $30 per barrel. Similarly, many would acknowledge that the UK steel sector remains on a knife-edge and may be yet to reach its nadir. But the ...

  • China finance growth business

    China unveils 13th Five-year plan


    As the second-largest economy in the world, the policies and plans that the China government announced at the Fourth Session of the 12th National People’s Congress perhaps provide some hints for the development trend of what is now the second-largest industrial gas market.

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    US Industrial Gases in Manufacturing: Trends in Key Markets


    Maura D. Garvey looks at the US economy, changes in manufacturing trends, and their affect on the gases industry.

  • Russia financial market

    Recession in Russian economy highlights challenges


    Amidst a backdrop of sustained downward spiral in the price of oil over the last 12 months, preliminary figures emerging from Russia reveal the country’s economy contracted more than 3.5% last year.

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    Opportunity created by a ‘Jeckyll and Hyde’ market


    A number of opportunities are waiting to be realised in the rapidly emerging Middle East industrial gases business, despite the creation of a ‘Jeckyll and Hyde’ scenario in the market as a result of the crash in global oil prices.

  • Euro currency financial

    Linde reveals forecast adjustment


    The Linde Group has revealed an adjustment to its medium-term targets for 2017, tempering its expectations for Return on Capital Employed (ROCE). The announcement was made pursuant to Section 15 of the German Securities Trading Act (WpHG).

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    Linde India delists stock from Calcutta Stock Exchange


    With no trading on its share in The Calcutta Stock Exchange Ltd (CSE), The Linde Group’s India arm has decided to delist from the exchange.

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    Praxair Q3 sales impacted by challenging economic environment


    Praxair, Inc. has reported third quarter (Q3) 2015 net income and diluted earnings per share of $401m and $1.40, respectively. Results reflect a challenging macro-economic climate in North America in particular, with sales activity in the quarter notably affected.

  • Financial market analysis

    Iran: A new wave of growth ahead?


    Part 2. With Iran set to be unlocked by an end to international sanctions, gasworld looks at what potential may lie ahead for the gases industry in the region.

  • Dollar coins finance

    Airgas reports flat Fiscal 2016 Q2 sales


    Airgas, Inc. has today released its Fiscal 2016 second quarter (Q2) earnings, with the ‘challenging industrial economy’ reflected in flat organic sales compared to the prior year.