Nikkiso Cryogenic Industries’ Clean Energy and Industrial Gases Group, a part of Japan-based Nikkiso Co., Ltd, has sold its Turboexpander Business Line to Air Liquide.
The turboexpander business line – located mainly in Santa Ana, California – designs, manufactures and sells turboexpanders within the industrial gas industry as well as the natural gas liquefaction industry.
Industrial gas giant Air Liquide has been the largest customer of the Nikkiso’s turboexpander business line and the acquisition was effective from 1st January, 2021.
Nikkiso’s Cryogenic Service (NCS) unit will remain an authorised service company and continue to provide aftermarket services, including repair and servicing of ACD designed and built turboexpander machines, while Air Liquide will provide service activities to its plants and its third party plants customers. This arrangement will guarantee all ACD service clients continue to receive strong support, according to Nikkiso.
“We are confident the Turboexpander Business Line will continue to grow under Air Liquide’s management, and look forward to continuing to provide our services in favour of the entire ACD clientele with Air Liquide for a long time to come,” said Peter Wagner, CEO of Cryogenic Industries and President of US-based Nikkiso Cryogenic Industries’ Clean Energy and Industrial Gases Group.
