The commercial industrial gas market in Italy was estimated to have generated revenues of just under $2.1bn in 2016. This was a decline from revenue in 2006, at an average annual rate of 0.1% p.a. for the decade.
Between 2006 and 2016 GDP contracted by an average of 0.4% p.a., or 0.6% p.a. when adjusted for inflation. Italy had the third largest economy in the euro-zone but its exceptionally high public debt leaves the country relatively vulnerable.
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Report Data: 2017
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AMCS Corporation, a New Jersey based international supplier of industrial gases and process plants, has successfully commissioned a new 250 tonne-per-day nitrogen liquefaction unit in Salerno, Italy.
When gasworld last focused on the Italian industrial gases market, the emphasis was on recovery from the global economic recession. The region’s economy had stabilised – later than fellow many fellow European markets – and this was reflected in a marginal return to growth in its gases business in 2010.
The company has appointed four new distributors to further strengthen its presence in the continent with locations in Argentina, Chile. Columbia and Peru created to support the agricultural, construction, mining and energy sectors.
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