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58 min ago 2 min read
Industrial gas major Air Liquide said today that the global helium shortages arising from the Middle East conflict could have “positive outcomes” for its sales of the molecule and could well represent an opportunity in the months ahead.
CEO Francois Jackow said, compared with others, Air Liquide was “uniquely positioned to capture [a] regional shift in industrial demand” for helium on which it could move.
“We could expect a rebound effect in the US, where lower energy costs and manufacturing policy are attracting global industrial production,” he noted. “We can anticipate an acceleration of the reshoring trend, with strategic autonomy becoming a priority for our customers. This is particularly visible in the electronics sectors.”
In recent months, Air Liquide has weathered the supply chain challenges around helium, Jackow said, following the temporary shutdown of helium production in Qatar.
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