Matheson Tri-Gas Inc. and China’s Jiyang Technology & Development Co. Ltd. have announced that the two companies recently entered into a long-term helium supply agreement.
The agreement will see Matheson Tri-Gas fill 11,000 gallon containers with helium at its US sources and ship these to Jiyang’s transfill facility in Shanghai, China.
For its part of the deal, Jiyang will transfill the helium into smaller containers at its Shanghai facility and resell it throughout mainland China. Helium deliveries under the new agreement commenced during April.
John Bigham, Director of Product Management and Global Logistics at Matheson Tri-Gas Global Helium, explained positively, “This agreement with Jiyang allows Matheson Tri-Gas to enter the Chinese helium market with a strong local distributor and immediately secure a significant market share.”
... to continue reading you must be subscribed