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Heavy investment
By Richard Fu |
December 16, 2011, Friday
|
Print Edition
Print Edition
UNITED States industrial gas supplier Air Products will invest heavily in China as it expects the domestic industrial gas market to grow 19 percent annually by 2015 as demand rises from petrochemical and steel makers.
The global industrial gas market will grow 9 percent a year to US$96 billion by 2015, with China accounting for 11 percent of the total, Stephen Jones, China president of Air Products, told a briefing yesterday in Shanghai.
The global industrial gas market will grow 9 percent a year to US$96 billion by 2015, with China accounting for 11 percent of the total, Stephen Jones, China president of Air Products, told a briefing yesterday in Shanghai.
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