Cryogenic Industries and Nikkiso Cryo have completed their functional consolidation as the Nikkiso Cryogenic Industries Group.
The two companies, subsidiaries of Nikkiso, formed Nikkiso Cryogenic Industries Group which consists of Nikkiso Cryo and Cryogenic Industries and its units, ACD, Cosmodyne, and Cryoquip.
The Cryogenic Pumps unit aligns ACD’s and Nikkiso Cryo’s lines of pumps. The Cryogenic Process Systems unit incorporates turbo expanders along with LNG and air separation plants. The Heat Exchanger Systems unit focuses on cryogenic vaporizers, LNG and industrial gas equipment.
The Cryogenic Services unit provides service and support through a broad network of global facilities. A newly created Integrated Cryogenic Solutions unit will allow for centralized management of product and project development across channels and in multiple market segments.
Peter Wagner, president and CEO of Cryogenic Industries, said, “One key benefit of our new business approach is the capacity to expand our offerings and provide a comprehensive product line for clean energy such as LNG and hydrogen, in addition to our existing line of products for industrial gases. We are looking forward to working together with Nikkiso Cryo as Nikkiso Cryogenic Industries Group, with our shared experience, resources and commitment to quality.”