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Chart Japan remains strong in LIN dewar business

“Chart Japan, the Japanese affiliate of foremost Chart Industries of USA, plays a leading role to respond to the recent increasing trend of switching the electrical ultracold mechanical freezer into the liquid nitrogen dewar in accordance with the enhanced safety and security management since the Earthquake.

Chart Industries, the foremost US manufacturer of low-temperature cylinders, established a Japanese company in 2010 in the wake of acquiring the home oxygen therapy (HOT) division of US Covidien which has the lion’s share of the home liquid oxygen market in the world. Then the company started its home oxygen therapy business taking over liquid oxygen supply system “HELIOS” of the former Tyco Healthcare Japan who was the domestic agent.

Although the number of home liquid oxygen patients of the company as individual has been slightly increasing year after year, the number as a whole is decreasing slightly because of the difficulty to handle liquid oxygen. Therefore the company is now planning to readjust its marketing policy. In concert with the acquisition through M&A of Air Sep by the parent company of USA in last August, the company is going to sell portable oxygen concentrators also in Japan.

The concentrator of 2 liter type itself weighs 900g, and is extremely light in such a small size as a pouch weighing just 1.2 kg including its batteries. The mobility of patients will be enhanced substantially, resulting in a possible creation of new markets.

The company is targeting to start selling it in 2014, and expects it to be a prospective line of business together with the existing liquid nitrogen dewar.

The annual business result for the January to December period for 2012 is growing with two times larger sales amount compared with the previous year, and the account for the first quarter of 2013 is also growing at a good pace.”

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