The commercial industrial gases business in New Zealand achieved estimated revenues of approximately $165m in 2016. This is up from $115m in 2006, indicating an average annual growth rate of 3.6%.
The commercial industrial gases market in the Philippines estimated to have generated revenues of $300 million in 2016. This is up from $110 million in 2006, indicating an impressive average annual growth rate of 11% for the decade.
The Taiwanese commercial gases market generated estimated revues of $1.17bn in 2016. This is up from $680m in 2006, indicating and average annual growth rate of 5.6% over the past decade.
What an interesting time to be in the industrial gases business, and particularly so in the Americas region. News of Corning Painter’s departure from Air Products this week is the second big executive departure to be disclosed in as many months in the US.
I love working with Millennials (Next Gen, or Generation Y). In my senior years, I have had the privilege of working with the brightest young minds as they progress into outside sales.
What seemed to unite everyone in the room today was the belief, or rather conviction, that LNG has a key role to play in the global energy transition and that there is significant potential to be explore in the Europe region, among others.