Company Research Report: Messer Group

Company Overview

• Name: Messer Group

• Mission: To become the premier supplier of choice for industrial, medical, and specialty products in the Americas, admired for safety culture, customer focus, and performance culture. Provide innovative applications for customers with excellent speed to market.

• Founded: Formed in 2019.

• Key People:

• Bernd Eulitz - CEO, Messer Group

• Helmut Kaschenz - CFO, Messer Group

• Elena Skvortsova - COO, Americas

• Chris Ebeling - Executive Vice President, Sales & Marketing, North America

• Rob Capellman - President, Global Electronics

• Headquarters: Bridgewater, New Jersey, United States

• Number of Employees: Approximately 5,000

• Revenue: Messer Americas accounts for approximately 52% of Messer's worldwide sales of $4.7 billion USD.

• What is the Company Known For: Messer is the largest privately held industrial gas business globally offering expertise in industrial, medical, specialty, and electronics gases.

Products

Main Offerings

1. Argon:

• High-level Description: Widely used as a blanketing or shielding gas in metallurgy, arc welding, and cutting.

• Key Features: Inert gas used for protecting reactive components during production processes.

2. Carbon Dioxide:

• High-level Description: Common in beverage carbonation, modified atmosphere packaging, substrate cooling, and plant growth.

• Key Features: Versatile for varied applications from food packaging to relevance in plant physiology.

3. Helium:

• High-level Description: Used for MRI magnet cooling to pressurizing rocket fuel tanks.

• Key Features: Essential for cooling applications and other cryogenic solutions.

4. Hydrogen:

• High-level Description: Employed in the electronics sector and for producing hydrogenated oils.

• Key Features: Vital for heat treatment applications and as an energy source in fuel cells.

5. Nitrogen:

• High-level Description: Utilized in food freezing/chilling and electronics manufacturing.

• Key Features: Colorless, odorless, tasteless, and nonflammable, promoting inert atmospheres.

6. Oxygen:

• High-level Description: Has applications based on combustion-sustaining and life-supporting properties.

• Key Features: Fundamental for welding, metal treatment, and medical uses.

7. Specialty Products:

• High-level Description: Include neon, xenon, krypton, and mixtures for various applications.

• Key Features: Employed in automotive, aerospace, healthcare, and others.

Recent Developments

• Key Developments:

• September 2024: Temporary injunction granted to Messer Helium Cliffside LLC for continuous access to the Crude Helium Enrichment Unit while negotiating a long-term agreement.

• September 2024: Partnership with LSB Industries to invest $9 million for plant upgrades, ensuring long-term CO2 supply reliability.

• June 2024: Completed acquisition of the Federal Helium System from the Bureau of Land Management, enhancing helium supply chain management.

• New Features & Product Launches:

• Investment in enhancing CO2 replacement technologies amidst shortages, as detailed during the 2024 IPPE Expo.

• Partnerships:

• Partnered with LSB Industries for CO2 supply reliability.

• Recognized with the Innovation in Sustainability Award for a new sustainable technology developed in collaboration with Bell & Evans.

• Corporate Achievements:

• Achieved top score in the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index for LGBTQ+ workplace equality.

Conclusion

Messer Group remains a leader in the industrial gases sector with strategic investments and partnerships fostering growth and reliability in supply chains. The company's continued commitment to safety, innovation, and sustainability positions it favorably within the market.