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Regional Markets: Focus on Africa

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An ASU capacity expansion in Kenya. A new liquid argon production plant in South Africa. A challenging climate. A conference in Kenya. An ozone viability breakthrough in South Africa. A new on-site for launch in Morocco in 2011.

Those are just some of the things going on across the African gases business of late. It’s a busy time for the African gases industry, with growth largely expected across the board in the coming years as this emerging market approaches fruition.

Economic evolution, investment in the development of a wealth of natural resources, and the entry of new industries are likely to fuel this growth, factors that are consistent from Morocco to Kenya and from Tanzania to South Africa. Some countries across the continent will invariably be more developed than others, but it’s generally an upward trend throughout.

In North Africa, a market that includes the gas businesses of Morocco and Algeria, industrial gas revenues rose 20% in 2009 as revenues of more than $225m in 2008 leapt to approx. $270m in 2009. Affirming the diversity and ongoing evolution of the Moroccan gases scene, Maghreb Oxygene – our interviewee this month – describes a very ‘traditional’ market for industrial gas.

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