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Author - Toby Pimlott

Biography to follow.

What is CAPEX?

Capital expenditure (CAPEX) is the term given to funds that are used by an organisation to acquire or upgrade its assets, such as property or equipment.


China: Capacity build-out continues

China is one of the main growth markets for Tier One players globally, with no individual company commanding a dominant market share in 2016. In recent weeks, a number of companies have been expanding their...


Country Focus – Japan

This month’s country focus offers an in-depth analysis of the Japanese industrial gas market. The market, valued at $5.6bn in 2016, has struggled over the course of the last decade and took a downward turn...



Praxair-Linde merger: Impact in Asia

The potential Praxair-Linde merger may not affect the Asian market on the same scale as in European and North American markets. However, there are a few regions where anti-trust authorities could impose divestments onto the...



What is ROCE?

Return on capital employed (ROCE) is a profitability ratio that measures how efficiently a company can generate profits from its capital employed by comparing net operating profit to capital employed.


Country Focus – Thailand

This month’s country focus explores the rapidly growing industrial gas market in Thailand, as well as the impact the potential Praxair/Linde merger could have on dynamics in the region.



Regional Focus – Iberia

The Iberian industrial gas market, incorporating Portugal and Spain, was valued at just over $1.4bn in 2015. The region has experienced growth of 1.4% p.a. over the course of the last decade (2005-2015).


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