19-03-2012
Air Products completes acquisition of CryoService Limited
Air Products today announced it has completed the acquisition of the UK company CryoService Limited, which will now be known as Air Products CryoEase® Services.
This acquisition follows an initial 25 per cent stake in CryoService that Air Products purchased in 1998 and subsequent majority shareholding the company acquired in 2008. For over a decade both businesses have operated in partnership to supply cryogenic and specialist gases to customer's in science, leisure and general industry.
"CryoService's commitment to customer service, innovation and technology operations complement Air Products' business," commented Ivo Bols, Air Products' Vice President and General Manager, Merchant Gases – Europe. "This acquisition demonstrates Air Products sustained commitment to our integrated industrial gas model as a means of creating higher growth and profitability. Complimenting our existing Tonnage, Liquid Bulk and Packaged Gases businesses, the addition of CryoService's microbulk provides us with an even stronger ability to serve our customers' needs by offering them a choice of all modes of supply."
CryoService's existing base in Worcester has become the Air Products' UK and Ireland Centre of Excellence in CryoEase® products and services, as the company plans to extend into new geographies.
CryoEase® services supplies customers that have a small volume requirement with liquid gases via onsite filling. This offers operational and cost advantages to our customers compared to traditional modes of supply.
News Category:
-
Maximizing Performance in Oil & Gas with Real-Time Analytics
(Webinar) - In an industry shaped by fluctuating market conditions and tight operational margins, oil & gas producers are increasingly relying on data-driven strategies ...
11-06-2025
-
Unlocking the potential of waste for advanced conversion pathways
(Webinar) - This session offers a detailed exploration of HTW® gasification technology, a proven solution for converting diverse feedstocks into clean syngas, which ...
05-06-2025
-
hte and Heraeus Precious Metals collaborate on catalytic ammonia cracking
hte and precious metals specialist Heraeus Precious Metals signed a R&D service agreement. The main focus of this collaboration is the screening of different materials ...
20-05-2025
-
EDL Anlagenbau and Nuberg EPC collaboration to drive sustainable solutions
Nuberg EPC, headquartered in Delhi NCR, India, an engineering and industrial conglomerate and EDL Anlagenbau Gesellschaft mbH, based in Leipzig, Germany, one of the leading ...
20-05-2025
-
hte strengthens cooperation with Mitsubishi Chemical
hte – the high throughput experimentation company signed a contract with Mitsubishi Chemical to provide research services for the screening of MMA oxidation catalysts. ...
16-05-2025
-
ADNOC deepens energy partnerships with US Energy companies
ADNOC today announced multiple agreements with United States energy majors during the United Arab Emirates business dialogue with US President Donald J. Trump. The agreements ...
16-05-2025
-
VTTI moves to next phase for project Amplifhy following strong market interest
VTTI, a global leader in energy storage and infrastructure, is pleased to announce that following a strong market response to its request for expressions of interest, ...
15-05-2025
-
ABB selected as main automation contractor for one of the first industrial CCS clusters in the UK
ABB has been selected by integrated global energy company Eni as the main automation contractor for HyNet, one of the UK’s first industrial decarbonisation clusters ...
14-05-2025
-
Univation Technologies announces the next-generation of the UNIPOL™ PE process platform
Univation Technologies, LLC announces the next-generation of the UNIPOL™ PE Process platform with its newest world-scale licensed capacity offering of an 800,000 tonnes ...
12-05-2025
-
thyssenkrupp Uhde successfully commissions EnviNOx® emission reduction system
thyssenkrupp Uhde is proud to announce the successful commissioning of its EnviNOx® system for Covestro Polymers (China) Co. Ltd. at their nitric acid plant in Shanghai ...
12-05-2025