INDUSTRIAL gas firms in China may be saddled with risks such as power shortages, macroeconomic uncertainties and rising environmental threats despite solid growth, PricewaterhouseCoopers reported.
In China, the world’s third-largest industrial gas market after the United States and Germany that makes up for 4 to 5 percent of global demand, domestic gas producers only account for a small portion.
International industrial gas giants including Praxair Inc, Air Liquide SA and Air Products have set foot in the market with an on-year growth rate of some 10 percent.
Inadequate supplies of electricity will remain one of the biggest hurdles to growth as producers rely heavily on electricity to create their products.
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