The emerging industrial gas market in Iran is on the cusp of an eruption in growth in the coming years.
The future expansion of the petrochemicals and steel industries, coupled with further investment in the oil & gas sector in the Middle East, appears set to drive an increased demand for industrial gases in the Republic.
Those are the sentiments of Iraj Ghorbani, Managing Director of Iran’s Delvar Afzar Industrial Gases Co. Based in Tehran, Delvar Afzar (DA) has been in business since 1999 and as the key innovator in the country’s gases industry, the company has undergone a series of significant developments over the past decade.
Indeed, in 2009 DA Industrial Gases posted revenues of $100m, and that’s just one company of the DA umbrella of services. Although DA began life as an oxygen generating manufacturer in 1999, the company is now active in three key areas: the production of industrial gases; EPC contracting for a range of different projects; and the manufacture of both equipment and cryogenic & high pressure vessels.
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