Cryostar

What Cryostar does

Cryostar SAS, headquartered in Hésingue, France, is a designer and manufacturer of cryogenic rotating machines and equipment founded in 1966 (originally in Basel, Switzerland) and operating today as a wholly-owned subsidiary of The Linde Group, acquired indirectly via Linde's 2006 takeover of the BOC Group. The company employs approximately 650 people across eight business centers in France, the United States (Allentown and Houston), the United Kingdom, China (Hangzhou), Singapore, Brazil (Vinhedo), and Russia (Saint Petersburg), supported by a dealer network covering more than 30 countries. Its product portfolio spans centrifugal pumps (electric, hydraulic, submerged configurations including the patented SUBTRAN multistage submerged pump), reciprocating pumps (single to triple cold-end variants up to 230 bar discharge), expansion turbines with multiple braking options, cryogenic compressors and blowers (including the CM6 BOG compressor and the SCM360 oil-flooded screw compressor launched in 2025), small-scale liquefaction/compander units, marine-certified shell and U-tube heat exchangers, ambient air vaporizers, automated gas cylinder filling stations, and the FUELNG line of LNG/LCNG vehicle refueling stations (Sustain permanent, Deploy containerized) plus Dispenser 2.0 and 3.0 with the proprietary CRYOFUELTRONICS electronic card.

The business model is industrial OEM hardware sales augmented by recurring after-sales revenue. Cryostar generates the bulk of revenue from the sale of engineered cryogenic equipment to enterprise customers in industrial gas (air separation units, packaged gas), natural gas (LNG terminals, carriers, vehicle refueling), petrochemical processing (ethylene, PDH, syngas), hydrogen (LH2 transfer, CGH2 refueling), clean power generation (Pressure-to-Power, Heat-to-Power), and well services. Pricing is quote-based and not publicly disclosed; contracts are secured through direct sales via regional business centers and a global dealer network. A 24/7 multilingual hotline, on-site installation and commissioning, training sessions, spare-parts supply, and repairs/maintenance through regional service centers provide a recurring aftermarket revenue stream. Customers include Hudong Zhonghua Shipbuilding, HD Korea Shipbuilding & Offshore Engineering, Hyundai Global Service, Shenhua Yulin Energy Chemical, Hangzhou Oxygen Plant Group, and Intermarché, among others.

Cryostar's strategic positioning combines 50+ years of specialized cryogenic engineering know-how, a portfolio of patented technologies, the world's largest liquid nitrogen cryogenic pump test facility (inaugurated 2014), and a global service footprint. Recent strategic priorities include capital investment in the Hésingue site (a 15 million euro assembly and testing hall), renewed LNG carrier framework contracts with major Korean shipbuilders (2024), entry into cryo-compressed hydrogen refueling through a partnership with Verne (2024), LNG carrier CO2-reduction retrofits with Hyundai Global Service (2022), and a European turnkey refueling partnership with TSG (2021). The company also maintains recognized industry standing through awards such as the 2021 Alsace Excellence label and a second-place ranking in employee-rated industrial equipment workplaces in 2023.

Name

Cryostar

Legal name

Cryostar SAS

Website

https://cryostar.com

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Cryostar is a France-based cryogenic equipment manufacturer (~650 employees, founded 1966) and wholly-owned Linde Group subsidiary that designs pumps, expanders, compressors, heat exchangers, and LNG refueling stations for industrial gas, natural gas, hydrogen, and clean energy customers across more than 30 countries.

Ownership category

akta.pro rank

Product category

Cryogenic Equipment Manufacturing

NAICS

Pump and Compressor Manufacturing (33391), Air and Gas Compressor Manufacturing (333912), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Measuring, Dispensing, and Other Pumping Equipment Manufacturing (333914)

SIC

Pumps & Pumping Equipment (3561), Refrigeration & Service Industry Machinery (3580), Engines & Turbines (3510), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Pump & Compressor Packages (Skids, Booster Sets) (IMAHANAG)

akta.pro secondary industries

Process Gas & High-Pressure Compressors (IMAHANAF), Compressors, Refrigeration Components & Condensing Units (IMADANAG), Cryogenic Liquids & Distribution (IMAEACAK), Chillers & Cooling Plant Equipment (IMAHAKAE)

Keywords

• Cryogenic pumps
• LNG refueling stations
• Turboexpanders
• Cryogenic compressors
• Heat exchangers

Headquarters

HQ city

Hésingue

HQ country

France

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Cryogenic Equipment Manufacturing: Cryostar designs and manufactures cryogenic rotating machines and equipment sold to industrial customers across the energy, gas, and petrochemical sectors. Products include centrifugal pumps, reciprocating pumps, expanders, compressors, heat exchangers, and liquefaction units.
2. LNG and Gas Refueling Station Solutions: Cryostar provides complete LNG and LCNG vehicle refueling station solutions, including the FUELNG-Sustain (permanent) and FUELNG-Deploy (containerized/relocatable) stations, along with dispensers, pump skids, and associated equipment.
3. After-Sales Service, Repair & Maintenance: Cryostar offers comprehensive after-sales support including a 24/7 hotline, training sessions, spare parts supply, repairs and maintenance services, on-site installation and commissioning, and service centers globally.
4. Spare Parts Supply: Cryostar supplies spare parts for its equipment, supported by its global dealer and business center network.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Cryostar designs, manufactures, and services cryogenic rotating machines and equipment — including centrifugal and reciprocating pumps, expanders, compressors, heat exchangers, and LNG/LCNG refueling stations — for industrial gas, natural gas, hydrogen, petrochemical, and clean energy applications. The company also provides turnkey LNG and LCNG vehicle refueling solutions under its FUELNG brand, along with after-sales services, spare parts, and 24/7 technical support delivered through a global network of business centers and dealers.

Product overview

Cryostar offers a comprehensive portfolio of cryogenic rotating machinery and industrial solutions organized around core product categories: centrifugal pumps (electric, hydraulic, submerged configurations), reciprocating pumps (pulley & belt and gear-driven), expanders with various braking systems (oil brake, compressor brake, generator brake, magnetic bearings), cryogenic compressors & blowers, and small-scale liquefaction/compander systems. The company also provides complete refueling station solutions through its FUELNG product line (Sustain permanent stations and Deploy containerized stations), along with specialized dispensers (Dispenser 2.0 and 3.0), heat exchangers, and air gas cylinder filling stations. Cryostar's products serve industrial gas, natural gas, hydrogen, and clean energy applications across land-based and marine environments. The company operates as part of The Linde Group and maintains global service capabilities through business centers in France (headquarters), USA, UK, Singapore, China, Brazil, and India.

Differentiator

Problem solved

Functional benefit

Brands

• FUELNG: LNG and CNG refueling station solutions brand
• Cryostar Automation
• SUBTRAN
• NeoVP
• SCM360

Products and services

• Centrifugal Pumps (Electric, Hydraulic, Submerged)
• Reciprocating Pumps (Pulley & Belt, Gear)
• Expanders
• Cryogenic Compressors & Blowers
• Small Scale Liquefaction / Companders
• Shell & U-Tube Heat Exchangers (Marine)
• Air Gases Cylinder Filling Stations
• Filling Stations for Tube Trailers
• FUELNG-Sustain Permanent LNG/LCNG Refueling Station
• FUELNG-Deploy Containerized LNG/LCNG Refueling Station
• LNG Dispenser 2.0
• LNG Dispenser 3.0
• SCM360 Oil-Flooded Screw Compressor
• NeoVP Vertical Multi-Stage Pump
• After-Sales Services, Spare Parts and 24/7 Hotline

Quantifiable outcome

• Cryostar's FUELNG-Sustain permanent station serves up to 200 LNG vehicle refuelings per day with storage capacity up to 80m3.
• +3 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Five partnerships are on record, tiered core and minor.

• HD Korea Shipbuilding & Offshore Engineering (HD KSOE)coreStrategic or Co-development Partner · 29 October 2024Cryostar renewed its framework contract with HD KSOE, a leading Korean shipbuilding company, for the supply of LNG carrier equipment. Samuel Zouaghi (Cryostar) announced the renewal on October 29, 2024, continuing a long-standing partnership for LNG cargo handling machinery.
• VernecoreStrategic or Co-development Partner · 1 January 2024Cryostar and Verne announced a partnership to develop cryo-compressed hydrogen refueling solutions for heavy goods vehicles. Both parties will develop low-cost refueling station equipment with extended lifespan for heavy-duty transport applications, supporting the transition to hydrogen-powered logistics.
• Hyundai Global ServicecoreStrategic or Co-development Partner · 1 January 2022Cryostar and Hyundai Global Service signed a cooperation agreement to provide a retrofitting service for LNG carriers to reduce CO2 emissions. The partnership enables both companies to offer upgraded solutions to the growing LNG shipping fleet seeking emissions reductions.
• TSG (The Safety Group)coreStrategic or Co-development Partner · 1 January 2021Cryostar and TSG signed a European partnership agreement to offer turnkey LNG and LNG-C stations across Europe. This partnership formalized a collaboration that had been ongoing for several years, combining Cryostar's equipment expertise with TSG's station installation and service capabilities to deliver complete solutions to customers throughout Europe.
• Hangzhou Oxygen Plant Group Co LtdminorStrategic or Co-development Partner · 1 January 2020Cryostar supplied its 1,000th turbo/expander-compressor to Hangzhou Oxygen Plant Group Co Ltd, which designed and built an air separation unit for Shenhua Yulin Energy Chemical Co Ltd in China. Cryostar's Hangzhou Business Center provided startup support for the installation.

Scale indicators10 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Chart Industries: Chart Industries is a leading global manufacturer of cryogenic equipment (LNG, industrial gas, hydrogen), including heat exchangers, BOG compressors, pumps, and fueling systems. It is the most direct competitor to Cryostar across the LNG and industrial gas value chain and even sold a pump product line (CVI) acquired by Cryostar in 2002.
• Elliott Group: Elliott manufactures cryogenic and process gas expanders, compressors, and power recovery turbines for air separation, petrochemical, and LNG applications, directly competing with Cryostar's turbo/expander product line in industrial gas and natural gas processing.
• Sundyne (Sun Capital portfolio company): Sundyne manufactures cryogenic pumps, integrally geared compressors, and expanders for LNG, air separation, and petrochemical customers, with a product line that directly competes with Cryostar in cryogenic pumps and small-scale process gas compression.
• Nikkiso Cryogenic Solutions: Nikkiso's cryogenic division manufactures cryogenic pumps and turboexpanders for LNG, industrial gases, and ethylene, directly overlapping with Cryostar's centrifugal/reciprocating pump and expander product lines in air separation and LNG applications.

Broad incumbents

• Flowserve Corporation: Flowserve is a global pump and valve manufacturer serving oil & gas, power, and chemical end markets, competing with Cryostar's centrifugal and reciprocating pump lines in LNG and cryogenic industrial applications.
• Linde Engineering (Linde plc): Linde Engineering is the plant construction arm of Cryostar's parent company and a key customer/channel for cryogenic rotating equipment, designing ASUs, LNG plants, and hydrogen facilities. Overlap is structural rather than head-to-head product competition, but Linde sets the technology roadmap Cryostar supplies into.
• MAN Energy Solutions (Cryo & Turbo segments): MAN Energy Solutions supplies turbochargers, large process gas compressors, and BOG/re-liquefaction systems for LNG carriers and onshore LNG, with substantial overlap with Cryostar's BOG compressor and expander portfolios in marine LNG.
• Sulzer (Cryogenic & Process Pumps): Sulzer manufactures process pumps (including cryogenic variants) and turbomachinery for oil & gas, LNG, and industrial gas applications, providing a broader pump portfolio that overlaps with Cryostar in LNG and ASU markets.
• Siemens Energy (Compression / Oil & Gas): Siemens Energy manufactures large process gas compressors, turbines, and electrification solutions used in LNG liquefaction and gas processing, competing with Cryostar's turbo/expander-compressors on larger-scale projects where integrated solutions are required.

Regional players

• Air Liquide Engineering & Construction: Air Liquide's engineering and construction division designs ASUs, LNG, and hydrogen plants, sourcing cryogenic turbomachinery. While Air Liquide is a competitor/customer at the plant level, it represents an alternative cryogenic equipment ecosystem (e.g., via partnerships with other OEMs) that competes with Cryostar's Linde-channel relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Cryostar-590393744749634
• LinkedInlinkedin.com/company/1022498
• Instagraminstagram.com/cryostarofficiel

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

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 Cryostar