Matheson Tri-Gas recently announced a new organisational structure that will allow the company to focus better on the different markets it serves. The new structure will become effective from 1 January 2006.
The company\\$quot;s operations are being divided into four strategic business units: the Industrial Gas Group (IGG), the Electronics Gas Group (EGG), the Specialty Gas and Equipment Group (SGG) and the Asian Business Organization (ABO), each with its own P&L responsibility. Also part of the new organisation is the formation of the Corporate Risk Management Organization (CRO), which is being established to lead the company in improved and enhanced safety and compliance activities.
Bill Kroll, chairman and CEO, said: 'Matheson Tri-Gas has established this new organisational structure because our customers have different needs, and we feel that the best way to serve them is by better focusing on their specific markets, products and applications.
'One of the most important facets of our new corporate structure is the Corporate Risk Management Organization, which will formalise our commitment to operating our company with strict adherence to all safety and compliance procedures.'