BOC

What BOC does

BOC Limited is an Australian industrial gases and engineering company and a wholly-owned subsidiary of Linde plc (NYSE: LIN), the world's largest gases company formed through the 2018 merger of Linde AG and Praxair. Operating as BOC South Pacific across Australia, New Zealand, and Papua New Guinea, the company supplies industrial gases (oxygen, nitrogen, argon, CO2, helium, hydrogen, acetylene, LPG), specialty gas mixtures (ARGOSHIELD, MAPAX, Stainshield, Alushield), medical gases and healthcare equipment, welding equipment and consumables (Smootharc, Weld Guard brands), and LNG/hydrogen fuel infrastructure. The technology foundation rests on capital-intensive air separation units (ASUs), LNG liquefaction and refueling stations, CO2 processing facilities, and patented gas application technologies including MAPAX LD leak detection and cryogenic food processing systems (CRYOLINE CS).

BOC's business model combines multi-channel distribution (national Gas & Gear retail stores, e-commerce at boc.com.au serving 20,000+ online customers, the BOC Re-Order mobile app with barcode scanning, Equipment Partner network, and Gas Agent network for remote areas) with direct enterprise sales and long-term industrial supply contracts (such as the 10-year Viridian Glass agreement and the 15-year QGC LNG feedstock deal exceeding $200M). Revenue streams span one-time equipment sales (welding gear, cylinders, PPE), recurring medical gas and cylinder rental subscriptions (FlexiGas, TradeMate), and transaction-based LNG/hydrogen fuel sales. The company serves industrial manufacturing, healthcare, food and beverage, welding and fabrication, energy and transport, aquaculture, and agriculture/crop science verticals through a mix of enterprise accounts (Nestle, Toyota, Fortescue, Linfox, APA Group) and SMB/individual customers.

The company maintains extensive manufacturing and production infrastructure across Australia (Dandenong, Kooragang, Port Kembla, Chinchilla, Bulwer Island, Longford, Laverton, Bomaderry, Nowra, Wagga Wagga), New Zealand (Christchurch ASU under construction), and Papua New Guinea (Lae), supported by the Sydney headquarters and Remote Operations Centre. Strategic priorities include positioning for the clean energy transition through hydrogen refueling infrastructure and renewable hydrogen production, expanding CO2 and bioLNG capacity, and defending leadership in core industrial and medical gas markets through proprietary technology and distribution scale.

Name

BOC

Legal name

BOC Limited

Website

https://boc.com.au

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

BOC Limited is an Australian industrial gases, welding, medical gas, and LNG/hydrogen supplier operating across Australia, New Zealand, and PNG as a wholly-owned subsidiary of Linde plc. It serves industrial manufacturing, healthcare, food and beverage, energy, and agriculture customers through retail stores, digital channels, and direct enterprise contracts.

Ownership category

akta.pro rank

Product category

Industrial Gas Supply

NAICS

Industrial Gas Manufacturing (32512), Industrial Gas Manufacturing (325120), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334)

SIC

Chemicals & Allied Products (2800)

akta.pro primary industry

Air Separation (Oxygen/Nitrogen/Argon) (IMAEACAA)

akta.pro secondary industries

Food & Beverage Gases (Carbonation/Freezing/Packaging) (IMAEACAI), Welding & Cutting Gases (IMAEACAH), Specialty & Calibration Gas Mixtures (IMAEACAE), Gas Handling Equipment & Storage (Cylinders/Tanks/Valves) (IMAEACAL), Electronics & Semiconductor High-Purity Gases (IMAEACAG)

Keywords

• Industrial gas supply
• Medical gas equipment
• Welding equipment supply
• Specialty gas mixtures
• LNG hydrogen fuel

Headquarters

HQ city

Caulfield North

HQ country

Australia

HQ region

Oceania

Offices16 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Industrial Gases Sales: Sale of industrial gases including oxygen, nitrogen, argon, carbon dioxide, acetylene, helium, hydrogen, LPG, and specialty gas mixtures to industrial, healthcare, food, and manufacturing customers
2. Welding Equipment and Accessories: Sale of welding equipment including MIG, TIG, plasma cutters, gas regulators, torches, consumables, and PPE/safety equipment through Gas & Gear stores and online
3. Medical Gases and Healthcare Products: Supply of medical gases and equipment including oxygen concentrators, CPAP devices, respiratory care equipment to hospitals, clinics, and homecare patients
4. LNG and Alternative Fuel Supply: Liquefied natural gas supply for transport, manufacturing, and energy sectors through network of refueling stations
5. Cylinder Rental and Gas Plans: Cylinder rental programs and FlexiGas plans offering regular gas supply with various billing options

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels8 records

Core offering

BOC produces, packages, and distributes industrial gases (oxygen, nitrogen, argon, CO2, helium, hydrogen, acetylene, LPG), medical gases and respiratory healthcare equipment, and welding equipment and consumables. The company also provides specialty gas mixtures for welding (ARGOSHIELD family), modified atmosphere packaging for food (MAPAX), cryogenic food freezing (CRYOLINE CS), aquaculture oxygenation (SOLVOX), crop protection fumigants, LNG fuel supply and refueling, and hydrogen refueling infrastructure for transport and industrial customers.

Product overview

BOC is a leading gases and engineering company and part of The Linde Group, offering a comprehensive portfolio of industrial gases (oxygen, nitrogen, argon, CO2, helium, hydrogen, acetylene), medical gases and equipment, and welding products. The product ecosystem includes core gas products alongside specialized sub-brands like MAPAX for food packaging solutions, Crop Science for agricultural fumigants, and SOLVOX for aquaculture. BOC provides welding equipment under the Smootharc and Weld Guard brands, cryogenic solutions including CRYOLINE freezers, and alternative fuel infrastructure for LNG and hydrogen. The company also offers digital commerce through its online store and mobile applications (Re-Order App, Scan to Order) for cylinder management and ordering. Infrastructure includes air separation units, CO2 processing facilities, LNG micro-plants, hydrogen refuelling stations, and an Application Technology Centre. BOC serves industrial, healthcare, food, aquaculture, and transport sectors across Australia and New Zealand.

Differentiator

Problem solved

Functional benefit

Brands

• Gas & Gear: BOC's retail store brand for gas and welding equipment
• Crop Science
• TradeMate
• FlexiGas
• GENIE
• F3VIPR
• Weld Guard
• Smootharc
• MAPAX
• ARGOSHIELD
• Stainshield
• Alushield
• Specshield
• Argoplas
• VAPORMATE
• EDN FUMIGAS
• CRYOLINE CS
• SOLVOX

Products and services

• Industrial Gases (Oxygen, Nitrogen, Argon, CO2, Helium, Hydrogen, Acetylene, LPG, Air, Dry Ice, Refrigerants) Bulk and cylinder industrial gases supplied to manufacturers, fabricators, laboratories, and processors across chemical, metallurgical, food, environmental, glass, electronics, construction, and pharmaceutical industries.
• Medical Gases and Healthcare Equipment Medical oxygen and therapeutic gases, CPAP and sleep therapy devices, oxygen concentrators, airway clearance devices, cryosurgery equipment, emergency resuscitation equipment, respiratory care and aerosol therapy, and diagnostic patient monitoring equipment for hospitals, clinics, and homecare patients.
• Welding Equipment and Consumables (MIG, TIG, MMA, Plasma) Comprehensive welding equipment including MIG/Flux-Cored welders, TIG welders, MMA stick welders, plasma cutters, welding wires, electrodes, gas rods, brazing alloys, gas regulators, gas torches, hoses and fittings, and consumables for steel fabricators, welding shops, metal fabrication, and construction trades.
• Welding Gas Mixtures (ARGOSHIELD, Stainshield, Alushield, Specshield, Argoplas) Specialty shielding gas mixtures for MIG, TIG, MAG and plasma welding, formulated for specific applications including carbon/stainless steel, aluminium, and plasma cutting.
• LNG (Liquefied Natural Gas) Supply LNG supply chain including micro-LNG plants, refueling stations, and distribution for transport, manufacturing, and remote energy applications, with patented LNG refueling station technology using liquid nitrogen to keep LNG cold.
• Hydrogen Solutions and Refueling Infrastructure Hydrogen production, storage, and refueling infrastructure including hydrogen refueling stations for vehicles (heavy transport, buses, cars) and industrial applications, including renewable hydrogen and green hydrogen supply.
• Crop Science Fumigants (VAPORMATE, EDN FUMIGAS) Eco-friendly post-harvest fumigant products (VAPORMATE and EDN FUMIGAS) for agriculture and timber protection as alternatives to methyl bromide, used for pest control and crop protection.
• SOLVOX Aquaculture Oxygenation Technology Low and medium pressure oxygen dissolving equipment for fish farming to optimize production volume, fish health, growth rates, and meat quality in aquaculture operations.
• CRYOLINE CS Spiral Freezer Cryogenic self-stacking spiral freezer for rapid heat exchange and compact design with high capacity, using liquid nitrogen or CO2 as coolant for food processing operations.
• MAPAX Modified Atmosphere Packaging Solutions Modified atmosphere packaging (MAP) gas mixtures and solutions including MAPAX LD hydrogen-based non-destructive in-line leak detection technology for packaged food lines, extending shelf life and ensuring package integrity.
• GENIE Cylinder Lightweight aluminium gas cylinder 30% lighter than equivalent steel cylinders, holding 39% more nitrogen, available in 10 and 20 litre sizes for improved portability.
• F3VIPR Cylinder 33 litre high pressure gas cylinder with in-built variable integrated pressure regulator (VIPR) for convenience and portability, eliminating need for separate regulator.
• Smootharc Advance II Beast 555R MIG Welder Heavy-duty MIG MAG welder with MMA capability marketed as a workhorse for industrial welding applications under BOC's proprietary Smootharc brand.
• Weld Guard Protective Products Welding helmets and protective products including high impact auto-darkening helmets for welding and grinding, plus broader PPE range including safety glasses, gloves, respirators, and FR clothing.
• BOC Online Store and Re-Order Digital Platform E-commerce platform (boc.com.au) and BOC Re-Order mobile application (iOS and Android) for ordering gases, welding equipment, safety products, and managing accounts online with barcode scanning for cylinder reordering.

Quantifiable outcome

• Steel fabricator increased productivity by 20% and reduced welding fumes
• +3 more outcomes

Named customers11 records

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

14 partnerships are on record, tiered core, strategic and minor.

• LinfoxcoreStrategic or Co-development PartnerPartnership with Linfox trucking company for LNG vehicle fueling. Linfox ordered two purpose-built LNG vehicles to service Sydney to Melbourne routes using BOC's LNG refueling infrastructure and patented refueling technology.
• bp AustraliacoreStrategic or Co-development PartnerJoint development of Australia's first hydrogen refueling station at bp Port of Brisbane Truckstop in Lytton, Queensland. Also agreement to build hydrogen refueling at BP Truckstop in Lytton for heavy transport.
• Toyota AustraliacoreStrategic or Co-development PartnerPartnership to unveil Victoria's first hydrogen refueling station at Toyota's $7.4 million Hydrogen Centre at Centre of Excellence in Altona, supported by ARENA.
• Optimal GroupstrategicStrategic or Co-development PartnerMoU to focus on development of Australia's first bioLNG facility, exploring potential to build $55m bioLNG plant adjacent to BOC's micro-LNG plant in Tasmania.
• FotonstrategicStrategic or Co-development PartnerMoU to explore operational and commercial models for hydrogen bus development in Australia and New Zealand, accelerating hydrogen vehicle adoption.
• Gippsland Basin Joint VenturestrategicStrategic or Co-development PartnerLong-term CO2 supply agreement with Gippsland Basin Joint Venture for building multi-million dollar CO2 processing facility in Longford, Victoria.
• QGCcoreStrategic or Co-development PartnerLong-term gas supply agreement with QGC for natural gas supply to BOC's micro-LNG plant near Chinchilla, Queensland. QGC supplies natural gas which BOC liquefies for domestic fuel uses.
• AGIG (Australian Gas Infrastructure Group)strategicStrategic or Co-development PartnerOfftake contract with Hydrogen Park South Australia for BOC to deliver green hydrogen across South Australia.
• Avertas Energy and Shell EnergystrategicStrategic or Co-development PartnerPower Purchase Agreement to offer renewable industrial gases to Australian food and beverage sector, reducing emissions by 16%.
• EcolabminorStrategic or Co-development PartnerPartnership to improve water quality and efficiency at BOC's Bulwer Island facility through combined expertise and technology solutions.
• Viridian GlasscoreStrategic or Co-development Partner10-year supply agreement extension securing compressed air, hydrogen and nitrogen gas requirements for Viridian's Dandenong float glass manufacturing facility.
• APA GroupminorStrategic or Co-development PartnerPartnership for natural gas injection and emergency supply services. Worked together to inject LNG into Whyalla gas network after pipeline rupture.
• CSIROstrategicStrategic or Co-development Partner$3.4 million collaboration on hydrogen project for ammonia to hydrogen cracking and membrane purification technology to revolutionize global hydrogen supply chain.
• WaterNSWminorStrategic or Co-development PartnerNSW-first oxygenation trial in the Darling River at Menindee with WaterNSW to address dissolved oxygen levels contributing to fish deaths.

Scale indicators11 records

Recent moves15 records

Expansion highlights5 records

Direct peers

• Air Liquide: Global industrial and medical gas major with a significant Australia/New Zealand presence through Air Liquide Australia, directly competing with BOC on bulk gases, cylinder supply, welding gases, and hydrogen/LNG infrastructure in the same customer verticals.
• Air Products and Chemicals: US-listed global industrial gas supplier active in hydrogen, LNG, and large-scale air separation. Competes with BOC for industrial, medical, and clean-energy customers, particularly in hydrogen and large ASU projects in the Asia-Pacific region.
• Nippon Sanso (Taiyo Nippon Sanso): Japanese-based global industrial gas manufacturer with growing Asia-Pacific footprint. Offers overlapping industrial, specialty, and electronic gases competing with BOC across welding, food, and electronics customers.
• Messer Group: Privately-held global industrial gas producer and the world's largest family-owned gas company. Competes with BOC in medical, industrial, and specialty gases, particularly relevant where Messer's Americas/European business overlaps with Linde in Asia-Pacific.
• Coregas: Australian industrial and specialty gas supplier and subsidiary of Wesfarmers Chemicals, Energy & Fertilisers. Competes directly with BOC across cylinder gases, welding products, and specialty gas mixtures in Australia and NZ.
• Supagas: Australian-owned LPG and industrial gas distributor serving residential, commercial, and industrial customers. Overlaps with BOC in cylinder gas distribution, hospitality, and welding supply across regional Australia.

Emerging players

• Elgas: Wholly-owned BOC/Linde subsidiary focused on LPG and industrial gas distribution; relevant peer for understanding LPG channel economics within BOC's portfolio but inside the same corporate group.
• Iwatani Corporation: Japanese industrial gas and hydrogen player with growing Asia-Pacific presence in helium, hydrogen refueling, and LPG. Relevant as a peer in hydrogen mobility and helium supply where BOC competes or partners.

Broad incumbents

• Linde plc: BOC's NYSE-listed parent and the world's largest industrial gas company after the 2018 Praxair merger. Linde's broader portfolio and global scale set the strategic, capital allocation, and technology context for BOC's Australian operations.
• Wesfarmers Industrial and Safety: Diversified Australian conglomerate whose Industrial and Safety division (including Coregas and Blackwoods) competes with BOC in welding equipment, PPE, and industrial supplies distribution across Australia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/boclimited
• Facebookfacebook.com/bocsouthpacific
• LinkedInlinkedin.com/company/boc-south-pacific
• Instagraminstagram.com/bocsouthpacific

Compliance17 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BOC