Deconcentration in the liquid oxygen market | Cascia Gases acquired the divested assets within the framework of the Linde / Praxair operation

Summary:

The Argentine company Cascia Gases acquired the inactive assets of Lind/Praxair as part of the Linde/Praxair merger. This acquisition was conditional upon the implementation of structural and behavioral remedies to restore competition in the liquid oxygen market. The remedies included:

Providing 75 tons of liquid oxygen per day at production cost
Selling three oxygen fractionation plants and two liquid oxygen tanker trucks
* Transferring contracts with public and private hospitals across the country

The acquisition allows Cascia Gases to expand its operations nationally, increasing its market share and providing services to new regions. The company has a strong presence in the northwest of Argentina, where it has been operating for over 45 years, producing industrial and medical gases.