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Gulf Cryo history
Gulf Cryo company history timeline
He began researching the industrial processes to supply to the growing demand of industrial gases and built the Arabian Gulf’s first oxygen separation plant in 1953 in Kuwait City, under the name Kuwait Oxygen and Acetylene Company (KOAC).
In 1971, KOAC expanded its operation to the Shuaiba Industrial area in Kuwait and established The Kuwait Industrial Gases Company (KIGC). KIGC would primarily supply its products to the oil and refining infrastructure being built in the Shuaiba area.
The Arabian Industrial Gases Company (AIGCo) was formed in 1977 in Sharjah, United Arab Emirates.
In 1998, Amer Huneidi, son of Huneidi was appointed as Chairman and soon afterwards he led to the consolidation and creation of The Huneidi Group of Companies.
In 2008, Gulf Cryo Saudi Arabia was established.
In late 2009, Gulf Cryo Oman was established.
In 2009, Investcorp purchased 20% of the organisation.
By 2012, Gulf Cryo was established in Iraq, Egypt and Jordan.
In 2013, EQUATE Petrochemical Company, as part of its sustainability initiatives, launched its second CO2 recovery project in Kuwait in partnership with Gulf Cryo.
Gulf Cryo acquired Deniz Gaz, a gas company based in Turkey and entered the Turkish market in 2014.
Yaliz Gaz, another Turkish gas company, along with its affiliates was acquired by Gulf Cryo in 2015 increasing the company's coverage in Turkey.
In February 2016, Bahrain Mumtalakat Holding Company, the investment arm of the Kingdom of Bahrain, announced that it has acquired a minority equity stake in Gulf Cryo.
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Zippia gives an in-depth look into the details of Gulf Cryo, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Gulf Cryo. The employee data is based on information from people who have self-reported their past or current employments at Gulf Cryo. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Gulf Cryo. The data presented on this page does not represent the view of Gulf Cryo and its employees or that of Zippia.
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