Saudi Aramco and Air Products have signed an agreement to jointly-build Saudi Arabia’s first hydrogen fuel cell vehicle fuelling station.
Air Products, Saudi Aramco and ACWA Power have signed a deal to form a gasification/power joint venture (JV) located at Jazan Economic City (JEC) in Saudi Arabia.
In 2016, the Middle East industrial gases business generated revenues of $2.3bn, up from $875m in 2006, indicating an impressive average annual growth rate of just under 10%, in-keeping with the region’s wide reputation as one of the key emerging markets for the industry.
Air Products has successfully completed the acquisition of the Coal Gasification Technology licensing business from Shell Global Solutions International B.V., a subsidiary of Royal Dutch Shell plc, and formed a strategic alliance with Shell for residue gasification technology to refinery complexes.
With the acquisition of the respiratory division of Thimar Al Jazirah Company (TAC) in Saudi Arabia, Air Liquide has entered the home healthcare market in the Kingdom, and expanded its healthcare activity in the Middle East.
Where’s hot and getting hotter in the year ahead? As 2017 draws to a close, gas world looks ahead at what projects, plants and developments we can expect to see in the industrial gas business in 2018. Here we focus on projects in the Middle East and Africa region.