MATHESON, a wholly owned subsidiary of TNSC Group, has completed its
acquisition of the divested Linde HyCO business in the United States
that became available as a result of the global business combination of
Linde and Praxair. The United States Federal Trade Commission approved
MATHESON as the buyer of the divested HyCO business on February 27, 2019.
HyCO is an industry term covering the production of hydrogen, carbon
monoxide, or syngas, which is a mixture of hydrogen, carbon monoxide and
The HyCO business includes a Remote Operations Center in LaPorte, TX
that supports HyCO plants in the states of Alabama, Illinois, Ohio,
Washington and pipeline Customers near the Houston Ship Channel. The
addition greatly expands MATHESON’s capabilities to serve the
petrochemical and refining industry.
The acquired business will be responsible for developing new
opportunities and supporting MATHESON HyCO operations in the United
States and across TNSC Group’s global footprint. “This acquisition
completes our industrial gas portfolio. As is always the case, the real
value is in the people we are gaining that run the business. The HyCO
Team joining MATHESON are industry veterans who are highly experienced
and bring world class business development and operations know-how,”
stated Scott Kallman, MATHESON President and CEO.
MATHESON is a single source for industrial, medical, specialty and
electronic gases, welding and safety supplies, gas handling equipment,
high performance purification systems, engineering and gas management
services, and on-site gas generation with a mission to deliver
innovative solutions for global customer requirements. MATHESON is the
largest subsidiary of the TAIYO NIPPON SANSO CORPORATION Group, one of
the four largest suppliers of industrial, specialty, and electronics
gases in the world.
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