GCC Industrial Gas Market Share

GCC Industrial Gas Market Share

Key players in the GCC industrial gas market are

• Linde
• Gulf Cryo
• SABIC
• SIPCHEM
• Air Liquide
• Air Products
• Abdullah Hashim Industrial Gases
• Buzwair Industrial Gases
   

The companies are engaged in extensive research & development to develop innovative products to improve the quality & quantity of poultry meat yield. For instance, In January 2021, the Gulf Cryo company has announced to procure, install, and operate CO2 emissions capture plant located in Saudi Arabia. This procurement aids the company expects to double its existing CO2 production capacity in Saudi Arabia and capture more than 250,000 tons a year of CO2 emissions to produce high-purity, food-grade green CO2.
 

In April 2021, Aramco and SABIC announced their plans to realign marketing & sales, and commercial & supply chain activities to drive efficiency and enhance customer value. This initiative was aimed at aligning the strategies of SABIC and Aramco.
 

In December 2020, Linde announced that it has entered a joint venture with Sahara International Petrochemical Company (Sipchem), a Saudi International Petrochemical Company owned jointly by a private sector investor of Saudi Arabia and GCC countries. The joint venture intends to build up a world-class industrial gases network in Jubail Industrial City by connecting via pipeline the existing hydrogen and syngas plants owned and operated by the two parties.