There was a mixed picture in the late April and early May financial results from the industrial gas majors – but what united them was the need to focus on core business.
gasworld Content Director Rob Cockerill and Broadcast Journalist Tom Dee unpacked all the latest news and developments in ‘Financial pulse check: How the gases industry is going ‘back to basics’, which is episode 60 of the engaging 1895 podcast series.
The pair started by reflecting on the headline news involving Air Products and its $1.7bn loss through the previous quarter, after $2.3bn in cancelled projects.
Cockerill said it was clear the industrial gases major was now returning ‘back to basics’, repeating a phrase CEO Eduardo Menezes himself made during the earnings call.
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