Cautious Optimism Flows in the Industrial Gases Pipeline

Most industrial gases firms posted 2008 earnings and revenues increases despite lower volumes in certain end markets. Major players expect that demand will continue in energy and several other sectors and that certain infrastructure improvement projects included in the Obama Administration’s stimulus package will be a boon to industry. Industrial gases suppliers say that sales will be much more stable for them in 2009 than they will be for the rest of the chemical sector. That is due to several factors, including ongoing demand in the food, energy, and...

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