Current Status of the Air Separation Industry – Prospects for Coal Chemicals
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Dear experts, it seems that the air separation industry is in a poor state currently, with very few new projects being launched. 1) Could you share a little bit about each company’s situation? 2) Which one is selling better now, Mantoux or Siemens? 3) How about gas companies? 4) The coal chemical industry seems to be booming – what are its prospects? Thank you
It is said that Linde is cutting jobs and reducing salaries, while Mantoux operates on a four-day workweek with three days off. Any other information?
The gas industry is also in a downturn, largely due to impacts from downstream sectors.
The significant growth of the air separation industry is largely attributed to the expansion of the coal chemical sector in previous years. In recent two years, the situation in this industry has been poor, **with strict policy requirements as well; fewer new projects are being launched, which means that the situation for the air separation industry is also not good.