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At present, China has surpassed Japan to become the second largest chemical country in the world and is also a hot spot for investment by industrial gas tycoons. The world's seven major industrial gas companies have successively entered China in recent years. The investment in China has exceeded US$1 billion, and more than 100 joint ventures and wholly-owned gas companies have been established, which currently account for nearly 40% of the industrial gas market in China.
Seven companies monopolize the global market Survey reports from Spiritus and Brocker show that the global industrial gas market has maintained an average annual growth rate of more than 7% in recent years. After the world’s air separation market has become extravagant, specialized, and socialized, the trend of internationalization has become increasingly apparent.
The industrial gas industry in developed countries has gone through a century. After long-term market development, mergers and acquisitions, restructuring, and cross-border expansion, it has formed an intensive, international gas company. Among them, Linde Germany's acquisition of the British oxygen company formed the second oldest snake swallow phenomenon; France Air Liquide purchased Lurgi to enter the coal chemical industry.
The global gas market analysis data in 2006 showed that the seven major companies basically monopolized the global industrial gas market. Linde-British Oxygen Company holds 12.1% of the world's market share with 12.5% ​​of gas sales, ranking No. 1; France's LPG company's gas sales of US$ 12 billion, accounting for 23.2% of the share; USPlex The company’s gas sales amounted to 7.9 billion U.S. dollars, accounting for 15.2% of the total; U.S. Air Products’ gas sales amounted to 6.8 billion U.S. dollars, accounting for 13.1% of the total; Japan’s Dayang Souric acid gas sales amounted to 2.3 billion U.S. dollars, accounting for 4.4%. % of the share; US Al Gais gas sales of 1.6 billion US dollars, accounting for 3.1% of the share; Germany Messer gas sales of 700 million US dollars, accounting for 1.4% of the share. In 2007, the global industrial gas sales amounted to 55.4 billion U.S. dollars. The annual benefits of Air Liquide, Praxair of the United States, Air Chemicals of the United States, and Al Gase of the United States all showed double-digit growth.
Chemical projects open up market space The industrial gas industry is hailed as “the sunrise industry in the 21st century.†Due to years of growth in China and even the global economy and the expansion of industrial gas applications, the global industrial gas industry has developed rapidly, and its profitability continues to increase. . Industrial gases play a decisive role in the world economy. The growth rate of the global industrial gas market is closely related to the development of the world economy. Normally, the growth rate of the industrial gas market in the host country or region is 1.5 to 2 times of its actual GDP.
The profitability of industrial gases mainly depends on the growth of industrial profits, and China's steel and petrochemical sectors can maintain an average annual growth rate of more than 8% in the past 10 years. Sun Guomin, secretary-general of the China Industrial Gas Industry Association, believes that China's chemical industry has become the largest user of industrial gases and equipment. By the end of 2006, China had 15 coal-to-liquid project plans with a planned total size of 40.17 million tons. Annual output of LNG (liquefied natural gas) will reach 90 billion cubic meters in 2010 and 240 billion cubic meters in 2020; during the “Eleventh Five-Year Plan†period, China will build and reconstruct a large number of 10 million-tonne refineries. Build a number of million-ton ethylene production bases and build and transform a large number of large-scale fertilizer plants. These projects have opened up a considerable market space for industrial gases in China, which is also the key to multinational companies rushing to take hold of the Chinese gas market.
Multinational corporations take hold of the Chinese market Sun Guomin revealed that in the past two years, the momentum of multinational corporations to seize the Chinese market has become more robust. At present, the seven major companies have occupied nearly 40% of China's industrial gas market.
According to a report he provided to reporters, the German Linde-British Oxygen Company has signed four agreements with China: On January 9, 2008, it signed a variety of high-purity gas supply agreements with the Dalian Jingyuan New Plant to supply high-purity nitrogen gas. , Oxygen, Hydrogen, Helium and Argon; Expanded nitrogen supply in Suzhou Industrial Park; Supplyed bulk gas supply to Songjiang and Zhangjiang Industrial Parks in Shanghai; Planned to invest US$125 million to build 2 air separation plants in Ningbo, starting in 2010 Supply gas to Ningbo Wanhua Polyurethanes.
Air Liquide of France signed three agreements with China: On June 26, 2007, it signed a 550-ton/day air separation agreement with the Administrative Committee of Dengsha River Lingang Chemical Park; and it was reached on February 28, 2008 with Hubei Province. The agreement was to invest in industrial gas projects in Wuhan; on April 6, 2008, its 1,000-ton/aerial plant in Tianjin Petrochemical started construction, supplying gas to Tianjin's 1 million tons/year ethylene and 10 million tons/year oil refinery projects.
Praxair has signed four agreements with China: On December 5, 2007, it signed an air separation unit gas supply contract with Anhui Jinlong Copper Co., Ltd. for 15 years; in March 2008, it signed a contract with Beijing Drainage Group. The Oxygen Contract provides exclusive oxygen supply to the 3 sewage treatment plants that serve the Olympics; in April 2008, it signed two long-term gas supply contracts with Shanghai Meishan Iron & Steel Group with 60000 cubic meters/hour air separation unit; Steel signed a contract for 400 tons/sky splitter.
U.S. Air Products Company first signed a third contract with Tangshan Guofeng Iron & Steel Co., Ltd. in May 2007 to increase the supply of oxygen, nitrogen, and argon; later it signed 1600 tons/day at Wissen Chemical Co., Ltd. in Nanjing Chemical Industry Park. The second long-term gas supply contract provides industrial gas for Wison Chemical Park.
In the fourth quarter of 2007, Japan's Dayang Japan Co., Ltd. signed an agreement with Dalian to build a new air separation unit of 5,000 to 10,000 cubic meters/day around 2009 to supply gas to Dalian Changxing Island Industrial Park.
It is reported that in addition to the aforementioned companies, Goldman Sachs Group, Citibank, and Deutsche Bank have also entered the Chinese industrial gas market in various forms.
Seven companies monopolize the global market Survey reports from Spiritus and Brocker show that the global industrial gas market has maintained an average annual growth rate of more than 7% in recent years. After the world’s air separation market has become extravagant, specialized, and socialized, the trend of internationalization has become increasingly apparent.
The industrial gas industry in developed countries has gone through a century. After long-term market development, mergers and acquisitions, restructuring, and cross-border expansion, it has formed an intensive, international gas company. Among them, Linde Germany's acquisition of the British oxygen company formed the second oldest snake swallow phenomenon; France Air Liquide purchased Lurgi to enter the coal chemical industry.
The global gas market analysis data in 2006 showed that the seven major companies basically monopolized the global industrial gas market. Linde-British Oxygen Company holds 12.1% of the world's market share with 12.5% ​​of gas sales, ranking No. 1; France's LPG company's gas sales of US$ 12 billion, accounting for 23.2% of the share; USPlex The company’s gas sales amounted to 7.9 billion U.S. dollars, accounting for 15.2% of the total; U.S. Air Products’ gas sales amounted to 6.8 billion U.S. dollars, accounting for 13.1% of the total; Japan’s Dayang Souric acid gas sales amounted to 2.3 billion U.S. dollars, accounting for 4.4%. % of the share; US Al Gais gas sales of 1.6 billion US dollars, accounting for 3.1% of the share; Germany Messer gas sales of 700 million US dollars, accounting for 1.4% of the share. In 2007, the global industrial gas sales amounted to 55.4 billion U.S. dollars. The annual benefits of Air Liquide, Praxair of the United States, Air Chemicals of the United States, and Al Gase of the United States all showed double-digit growth.
Chemical projects open up market space The industrial gas industry is hailed as “the sunrise industry in the 21st century.†Due to years of growth in China and even the global economy and the expansion of industrial gas applications, the global industrial gas industry has developed rapidly, and its profitability continues to increase. . Industrial gases play a decisive role in the world economy. The growth rate of the global industrial gas market is closely related to the development of the world economy. Normally, the growth rate of the industrial gas market in the host country or region is 1.5 to 2 times of its actual GDP.
The profitability of industrial gases mainly depends on the growth of industrial profits, and China's steel and petrochemical sectors can maintain an average annual growth rate of more than 8% in the past 10 years. Sun Guomin, secretary-general of the China Industrial Gas Industry Association, believes that China's chemical industry has become the largest user of industrial gases and equipment. By the end of 2006, China had 15 coal-to-liquid project plans with a planned total size of 40.17 million tons. Annual output of LNG (liquefied natural gas) will reach 90 billion cubic meters in 2010 and 240 billion cubic meters in 2020; during the “Eleventh Five-Year Plan†period, China will build and reconstruct a large number of 10 million-tonne refineries. Build a number of million-ton ethylene production bases and build and transform a large number of large-scale fertilizer plants. These projects have opened up a considerable market space for industrial gases in China, which is also the key to multinational companies rushing to take hold of the Chinese gas market.
Multinational corporations take hold of the Chinese market Sun Guomin revealed that in the past two years, the momentum of multinational corporations to seize the Chinese market has become more robust. At present, the seven major companies have occupied nearly 40% of China's industrial gas market.
According to a report he provided to reporters, the German Linde-British Oxygen Company has signed four agreements with China: On January 9, 2008, it signed a variety of high-purity gas supply agreements with the Dalian Jingyuan New Plant to supply high-purity nitrogen gas. , Oxygen, Hydrogen, Helium and Argon; Expanded nitrogen supply in Suzhou Industrial Park; Supplyed bulk gas supply to Songjiang and Zhangjiang Industrial Parks in Shanghai; Planned to invest US$125 million to build 2 air separation plants in Ningbo, starting in 2010 Supply gas to Ningbo Wanhua Polyurethanes.
Air Liquide of France signed three agreements with China: On June 26, 2007, it signed a 550-ton/day air separation agreement with the Administrative Committee of Dengsha River Lingang Chemical Park; and it was reached on February 28, 2008 with Hubei Province. The agreement was to invest in industrial gas projects in Wuhan; on April 6, 2008, its 1,000-ton/aerial plant in Tianjin Petrochemical started construction, supplying gas to Tianjin's 1 million tons/year ethylene and 10 million tons/year oil refinery projects.
Praxair has signed four agreements with China: On December 5, 2007, it signed an air separation unit gas supply contract with Anhui Jinlong Copper Co., Ltd. for 15 years; in March 2008, it signed a contract with Beijing Drainage Group. The Oxygen Contract provides exclusive oxygen supply to the 3 sewage treatment plants that serve the Olympics; in April 2008, it signed two long-term gas supply contracts with Shanghai Meishan Iron & Steel Group with 60000 cubic meters/hour air separation unit; Steel signed a contract for 400 tons/sky splitter.
U.S. Air Products Company first signed a third contract with Tangshan Guofeng Iron & Steel Co., Ltd. in May 2007 to increase the supply of oxygen, nitrogen, and argon; later it signed 1600 tons/day at Wissen Chemical Co., Ltd. in Nanjing Chemical Industry Park. The second long-term gas supply contract provides industrial gas for Wison Chemical Park.
In the fourth quarter of 2007, Japan's Dayang Japan Co., Ltd. signed an agreement with Dalian to build a new air separation unit of 5,000 to 10,000 cubic meters/day around 2009 to supply gas to Dalian Changxing Island Industrial Park.
It is reported that in addition to the aforementioned companies, Goldman Sachs Group, Citibank, and Deutsche Bank have also entered the Chinese industrial gas market in various forms.
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