Gases Still on the Rise

Bolstered by demand from the energy sector and a strong global manufacturing environment, industrial gases makers seem immune to rumblings of an industry slowdown. Sector revenues hit $55.4 billion in 2007, up 7%, on solid volume growth, higher selling prices, and currency exchange effects, says John Campbell, president of consulting firm J.R. Campbell & Associates (Lexington, MA). Major industry players forecast another strong year, as our cover story shows (p. 17). Consolidation and fortunate exposure to some of industry’s most attractive growth...

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