• Exclusive Specialty Gases Alliance in the Middle-east Announced

Fuel for Thought

Exclusive Specialty Gases Alliance in the Middle-east Announced

Jul 02 2008

Matheson Tri-Gas, Inc. (USA) is pleased to announce that Global Gases Group, Dubai has signed the Global Enable sm Process Approved Distributor Agreement. This agreement forms an exclusive specialty gas marketing alliance in the Middle Eastern countries.

This alliance will allow the marketing of specialty gases to customers requiring value added products and services in oil/petrochemical, environmental, energy, laboratory, and other market segments. Under the umbrella of Matheson Tri-Gas` Global Enable sm Program, which provides technology, know-how, and marketing expertise in the field, specialty gas products will be produced, marketed, and sold under the dual brands of Global Gases and Matheson-Tri-Gas. Plans began in June 2008 to construct a state of the art specialty gas producing facility by Global Gases in Dubai.
The new Enable sm agreement builds on an existing business relationship between Matheson Tri-Gas and Global Gases. Matheson Tri-Gas has supplied Global Gases` bulk liquid helium requirements since January 2007 under an agreement that gives Global Gases exclusive rights to distribute Matheson Tri-Gas` helium in the Middle Eastern countries. Global Gases has already achieved a significant market share in the Middle East as a result of the liquid helium agreement. Matheson Tri-Gas also supplies Global Gases` helium requirements at its Singapore and Cape Town transfills under this agreement.

Deepak Mehta, Managing Director & CEO of Global Gases Group, commented, "We are very excited to sign on as the first International Global Enable sm Process Approved Distributor for Matheson Tri-Gas, Inc. and Taiyo Nippon Sanso Corporation. The Matheson Tri-Gas brand name is highly respected in the Oil & Gas sector of the Middle-East. The customers will now be able to receive specialty gas products locally from Global Gases in Dubai made with Matheson`s technology and know how. This alliance in specialty gases will expand our relationship with Matheson Tri-Gas and Taiyo Nippon Sanso Corporation to enable the company’s continued aggressive growth in the Middle East."
Global Gases Group, headquartered in Dubai, UAE is a leading player in the supply of diving & welding gases to both onshore and offshore projects. With production and distribution facilities in Dubai, Singapore, Kuala Lumpur, Baku and Cape Town – the Group is strategically located to service the buoyant offshore industry of the Middle East, South East Asia, Caspian and West Africa. The success of the business at Global Gases is driven by its core policy of Safety, Quality and Reliability towards its customers.

Rick Kowey, Executive Vice President & General Manager of Matheson Tri-Gas` Global Specialty Gas Group, stated, "We are pleased to have finalized this agreement with the Global Gases Group. It is an exciting step forward to making this partnership a success. Our partnership with Global Gases Group will reinforce our leadership position in the Middle Eastern countries, and will greatly enhance the value of both companies."

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