gasworld took an in-depth look at China’s gas markets in our September issue. But how does China’s success story in electronics, steel and chemicals growth fit into the bigger picture emerging in the North Pacific Rim nations?
East meets West
Following the merger with BOC, the Linde Group has the leading position in the North Pacific Rim region. According to Dr Aldo Belloni, a member of Linde’s Executive Board, the company is the market leader in China and Hong Kong, 2nd placed in Taiwan and 4th in South Korea.
“The Linde Group holds key strategic strengths in Asia: strong market positions and local knowledge in a strong set-up plus long-dating experience, reputation and customer relations,” Belloni says.
Murray Covello, president of Praxair Asia, commented on his expectations for growth in the region. “We foresee that the rate of growth for the industrial gas market will continue at a multiple of 1 to 1.5 of the overall growth rate of industrial production in each country.” Praxair’s interests in the region are located in South Korea (where they supply a range of gases and services, and claim to be the only multinational supplying carbon dioxide), Taiwan (delivering gases and systems for the semiconductors industry), Japan (concentrating on rare gases and helium) and China.
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