Nippon Sanso Holdings Corporation is set to enhance its U.S. operations with the construction of a new air separation plant in Las Vegas, aimed at meeting the growing demand for industrial gases across various sectors.

Information on the Target

Nippon Sanso Holdings Corporation (NSHD), under the leadership of CEO Toshihiko Hamada, has announced the construction of a new air separation plant by its U.S. subsidiary, Matheson Tri-Gas, Inc. (MATHESON), headquartered in Irving, Texas. This strategic decision is aimed at enhancing its operational capabilities in the region. The new facility is scheduled to be completed in 2027 and will primarily serve the growing gas demands in the southern and southwestern United States.

The air separation plant in Las Vegas, Nevada, represents a significant addition to MATHESON's network of air separation plants throughout the United States. It will produce oxygen, nitrogen, and argon to meet the increasing liquefied gas requirements across multiple industries including healthcare, metal processing, construction, and food processing in Nevada, California, Utah, and Arizona.

Industry Overview in the Target’s Specific Country

The industrial gas industry in the United States is poised for growth, driven by a surge in demand across various sectors. The South and Southwest regions, known as the Sunbelt area, are experiencing significant indu