MATHESON and SynGest Inc. announced that the two companies have agreed to enter into a strategic agreement for MATHESON to supply 100% of the oxygen and nitrogen for SynGest’s worldwide BioAmmonia and BioUrea projects.
“The SynGest and MATHESON worldwide cooperation agreement represents a new model for collaboration in the advanced renewable energy products industry,” said Rick Kowey, EVP & Chief Marketing Officer of MATHESON.
“Having SynGest as a strategic partner will provide an enormous leveraged opportunity for Matheson to expand its global industrial gas business.”
“The global mutual cooperation agreement between MATHESON and SynGest will accelerate the worldwide expansion of SynGest’s nitrogen fertilizer production capacity,” said Jack Oswald, CEO of SynGest Inc.
“MATHESON’s decision to invest in and support our vision is a strong vote of confidence.”