The Global Gases Group FZCO, a leading independent supplier of helium and other gases to the offshore diving industry, announced that it has entered into commitments to purchase sixteen 11,000 gallon liquid helium ISO containers.
Global Gases will take delivery of the new containers during the period commencing November 2013 and ending May 2014. The company’s investment in the new cryogenic containers will exceed $12m.
The new helium containers will support Global Gases’ continued growth and provide greater flexibility to secure helium supply from new sources and suppliers.
Deepak Mehta, Global Gases’ Managing Director stated, “Global Gases’ purchase of sixteen new helium containers provides further evidence of our commitment to be the leading independent supplier of helium to the offshore diving market. Before the end of 2013, we will have eleven helium transfills located strategically throughout the Middle East, Asia, Europe and Africa.”
Phil Kornbluth, Global Gases’ Senior Vice President added, “Owning our own ISO containers is a key element of our strategy to grow and diversify our helium supply. With a company-owned fleet, we will have increased independence and flexibility that will position us to take advantage of opportunities to expand our helium supply portfolio.”
The Global Gases Group FZCO is a rapidly expanding, industrial gases company that is the leading independent supplier of gases to the offshore diving market. Global Gases operates an expanding network of helium transfills, specialty gas production, equipment manufacturing operations and sales offices with existing, or soon to be opened facilities in Afghanistan (Kandahar and Kabul), Cape Town, Chennai, Dubai, Georgia, Kuala Lumpur, Lagos, Malta, Melbourne, Myanmar, Nanjing, Papua New Guinea, Pennsylvania (US), Perth, Singapore and Zhongshan (China). Global Gases is also proud to supply helium, other gases and related services to the US military’s aerostat program in Afghanistan.