20/05/2019 / Last updated : 20/05/2019 gaspedia H2

TNSC Announces Investment in Ally Hi-Tech

　Taiyo Nippon Sanso Corporation (“TNSC”) announces investment to Ally Hi-Tech Co., Ltd. (“ALLY”), a Chinese manufacturer of hydrogen gas generators. 　TNSC is pursuing expansion of gas-related technologies through M&A under its open innovation strategy under the Ortus Stage 2, medium-term management plan. In recent years, TNSC is striving to strengthen hydrogen and HyCO as one of the key gas businesses. 　ALLY, established in 2000 in Sichuan China, is the company handling hydrogen generator systems. With its engineering capability, ALLY provides small-mid scale of hydrogen generators in China. The company gained its credibility with supplying consistent quality along with cost competitiveness. 　Their professional operation leads to the awarding of major China’s […]
01/03/2019 / Last updated : 21/04/2019 gaspedia M&A

TNSC Completed Acquisition of a HyCO Business and Related Assets in the United States

Taiyo Nippon Sanso Corporation (TNSC) announces that it has concluded the acquisition of a portion of the HyCO business(*1) and related assets operated in the United States by Linde Gas North America LLC (hereafter “Linde America”), a subsidiary of German Company Linde Aktiengesellschaft (hereafter “Linde AG”), through its wholly owned subsidiary, Matheson Tri-Gas, Inc. (hereafter “Matheson”, headquartered in Irving, Texas, United States), as described in its press release dated December 13, 2018 entitled “Notice Regarding Acquisition of a HyCO Business and Related Assets in the United States.” (*1) “HyCO” stands for hydrogen (H2) and carbon monoxide (CO), which are separated from natural gas and other gases through a technology called […]