The global helium business is in a period of flux, with the balance of power starting to shift away from the industrial gas majors, giving the tier-two and tier-three players a stronger hand.
That’s the view of respected market commentator Phil Kornbluth, of Kornbluth Consulting, speaking on a recent gasworld webinar.
“I think a lot of the tier two and tier three gas companies feel like they were being taken advantage of by the majors during shortages,” said Kornbluth.
“These companies were absorbing very large price increases and realised they weren’t getting a good deal.”
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