Loading...
Loading...
Hubei industrial gas market under pressure due to surge in supply

Hubei industrial gas market under pressure due to surge in supply

The Hubei industrial gas market is expected to be under pressure due to an increase in supply brought by the addition of new production capacity, Gas Ecosphere reports.

Driven by the warming of downstream industries, the price of industrial gas has been pushed up successively, reaching a peak in 2018.

Affected by this, countries around the world have invested in the construction of air separation projects.

Longzhong Information reports that air separation capacity in 2019 reached 29 million Nm3/h.

Entering 2020, the industrial gas market has been affected by Covid-19 and demand has shrunk.

... to continue reading you must be a member

Become a member today

To gain access to this article and all our other content, you will need to become a member. 

From a customisable news feed with topics and regions, exclusive interviews and authoritative columnists, becoming a member is the only way to stay up to date with all the latest developments in this dynamic and fast-growing region.

Please wait...