Cryostar

Cryostar Overview

Cryostar engages in the provision of high-tech cryogenic equipment and services to the major gas companies. The company develops a wide range of equipment for the process industry. The company’s product and solution portfolio includes centrifugal pumps, reciprocating pumps, expanders, cryogenic compressors and blowers, small scale liquefaction/companders, heat exchangers/regasification, air gases cylinders filing stations, and LNG/ LCNG refueling stations. Cryostar also offers services related to training, repairs and maintenance, and on-site installation and commissioning. The company offers products and solutions for industrial gas, petrochemical process, clean power generation applications, and others. Cryostar has a robust geographic reach with a presence in 7 countries and 11 sites.

Strategy

Cryostar aims at maintaining its competitive position in the market by developing innovative products by leveraging its vast experience in the market. The company aims to offer innovative products with advanced capabilities to meet the customer requirements and expand its product portfolio in the expander category. Cryostar also aims at expanding its geographical footprint through partnerships and collaborations and maintaining healthy relations with the channel partners to reach its target audience.

SWOT Analysis

Strengths

Vast experience
Robust portfolio
Strong market reach

Weaknesses

High dependency on third-party dealers

Opportunities

Focus on innovation

Threats

Strategic mergers and acquisitions

Product Offering

Cryostar
- Expanders

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