CIMC Enric, Chinese developer of technical services for a wide range of transportation, storage and processing equipment used in the energy, chemical and liquid food industries, has officially introduced its new innovative, one-stop service package to the market.
Four of China’s industrial gas companies have released their results for the first half of 2018.
Shandong Meditech Technology has announced that Ausmedi, its branch company in Australia, has provided a pressure swing adsorption (PSA) oxygen generation system to one of the largest and most modern animal emergency centres in Melbourne.
Hangzhou Hangyang Co. Ltd (Hangyang) is reportedly keen to expand the scope and market share of its business in China, with the pursuit of a majority stake in Baosteel Gases.
Although the economy of China returns to a somewhat stable situation with a GDP growth of 6.9% in 2017, the problem of redundant production capacities has not been completely solved, and the annual results of 2017 of gas equipment manufacturers show varied performances.