The US Energy Information Administration (EIA) forecasts that worldwide demand for natural gas will increase by around 60 percent over the next 28 years. Experts are predicting that natural gas in its liquid form (LNG)...
The recovery of the industrial gas business from 2012 through 2014 was strong, about six percent per year, driven by price and volume. The bright spots in the economy during this period included the manufacturing...
Announcements of domestic air separation unit builds during 2012 through 2015 indicate that it will be a busy few years for the US air gases business. This is a welcome change from earlier in the decade when economic recessions only...
The worldwide helium market continues to be marked by uncertainty. The future of the US Bureau of Land Management (BLM) helium reservoir remains undecided and is awaiting legislation that will determine its role, as new sources of helium are...
We are now more than half way through 2013 and in the US this year’s economy feels much like last year’s. We are moving ahead, but slowly. The recovery remains spotty with forward momentum being driven by a...
Hydrogen remains a solid growth platform for the industrial gas industry. Industrial gas companies continue to supply large quantities of hydrogen that are used by oil and gas refineries, basic and specialty chemical manufacturers, and food processors to what is known...
Following a year of clear progress towards economic recovery in 2010, 2011 gave us pause as the recovery slowed globally and a climate of economic uncertainty developed, especially in the US and Europe.
In this issue we focus on improvements in process technologies used within the industrial gas industry that are raising energy efficiency and cutting costs. Praxair explains its new process technology for Direct Reduced Iron that uses a variety of fuels...
Supply of helium to the worldwide market has been tight since early 2011 and will remain so until the second half of 2013 or early 2014, when three new supply sources will have begun operations. Uncertainties relating to the timing...
CryoGas International’s assessment of industrial gas demand in the US for the remainder of 2012 and into 2013 is slow but steady. Input from industrial gas leaders and company financials confirm that the industrial gas industry is growing despite...
