MATHESON, a wholly owned subsidiary of TNSC Group, has completed its acquisition of Linde’s divested HyCO business in the US.
The US Federal Trade Commission approved MATHESON as the buyer of the divested HyCO business on February 27 (2019) after it became available as a result of the Linde-Praxair merger.
HyCO represents hydrogen (H2) and carbon monoxide (CO) which are separated from natural gas and other gases through Stem Methane Reforming (SMR) and other equipment. The HyCO business provides large-scale supply of H2 and CO to customers in oil refining and petrochemical industries by way of a pipeline.
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