BOC Gases
Industrial and Medical Gases Nigeria Plc (formerly BOC Gases) is a Nigerian manufacturer and distributor of industrial, medical, food-grade and specialty gases via production plants in Lagos, Port Harcourt and Kaduna, serving enterprise customers in manufacturing, healthcare, oil & gas and food & beverage sectors.
- Company typePublic
- Founded1959
- HeadquartersOshodi, Nigeria
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What BOC Gases does
Industrial and Medical Gases Nigeria Plc (IMG, formerly BOC Gases Nigeria Plc) is a Nigerian-based producer and distributor of industrial, medical and specialty gases. The company was established in 1959 as Industrial Gases Limited, rebranded to BOC Gases Nigeria Plc in 1997 following partial acquisition by The Linde Group AG in 2006, and adopted its current name and 'Greater Heights' identity in December 2021 after transitioning to predominantly Nigerian ownership. It manufactures and distributes oxygen, nitrogen, carbon dioxide, acetylene, helium, hydrogen, propane, medical nitrous oxide and specialty/refrigerant gases via three production plants in Lagos, Port Harcourt and Kaduna, supported by regional branches and an owned logistics fleet.
Core technology centres on air separation units (ASU), CO2 liquefaction plants (600 kg/hr commissioned 1984; 1,000 kg/hr commissioned 2004), and a 13 tpd merchant ASU commissioned in Port Harcourt in 2014. Medical oxygen is produced under GMP/GDP protocols and the CO2 production, storage and distribution system is certified to FSSC 22000v5.1 for food/beverage applications and to ISBT for beverage-grade CO2. The company augments gas supply with engineering services: medical and laboratory gas pipeline design and installation, bulk storage tank construction, purging/inerting services, and after-sales technical support including calibration and safety training.
Revenue is generated through B2B enterprise sales of gases in cylinder and bulk forms to industrial manufacturing, healthcare, oil & gas, food & beverage, fabrications and automotive customers, supplemented by engineering services and installation/maintenance contracts. The company describes itself as the only listed entity in its sector on the Nigerian Stock Exchange (NGX:IMG) with a market capitalisation of N10.24 billion (mid-2024) and a 65-year track record. Distribution is direct via the company's own fleet and customer pickup at production sites; pricing is quote-based by gas type, volume and contract terms. Named enterprise customers referenced in company materials include Dangote Group, Total Nigeria, Nigerian Breweries and MedPlus Ltd.
BOC Gases firmographics
Firmographics- Name
- BOC Gases
- Legal name
- Industrial and Medical Gases Nigeria Plc
- Website
- https://img-ng.com
- Company type
- Public
- Founded year
- 1959
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Industrial and Medical Gases Nigeria Plc (formerly BOC Gases) is a Nigerian manufacturer and distributor of industrial, medical, food-grade and specialty gases via production plants in Lagos, Port Harcourt and Kaduna, serving enterprise customers in manufacturing, healthcare, oil & gas and food & beverage sectors.
- Ownership category
- akta.pro rank
BOC Gases industry classification
Industry- Product category
- Industrial Gases
- NAICS
- Industrial Gas Manufacturing (32512)
- akta.pro primary industry
- Medical & Healthcare Gases (IMAEACAF)
- akta.pro secondary industries
- Food & Beverage Gases (Carbonation/Freezing/Packaging) (IMAEACAI), Specialty & Calibration Gas Mixtures (IMAEACAE), Anesthesia & Respiratory Gas Delivery Equipment (Breathing Circuits, Vaporizers, Gas Mixers) (HLAHAGAK)
Keywords
Where BOC Gases is headquartered
LocationHeadquarters
- HQ city
- Oshodi
- HQ country
- Nigeria
- HQ region
- Africa
Offices4 records
Markets served
BOC Gases business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Industrial Gases Sales: Sale of industrial gases including oxygen, nitrogen, argon, acetylene, CO2, helium, hydrogen, and specialty gases in cylinder and bulk forms. Revenue generated from product sales to manufacturing, construction, oil and gas, and other industrial sectors.
- Medical Gases Sales: Supply of medical-grade gases including medical oxygen, nitrous oxide, and medical air to healthcare facilities and hospitals. Critical healthcare service with regulatory compliance requirements.
- Engineering and Installation Services: Customer engineering services including bulk storage installation, medical and laboratory gas pipeline system design and installation, and inerting/purging services for industrial and healthcare clients.
- Maintenance and After-Sales Support: Installation and maintenance services for medical/healthcare pipeline systems, safety and risk management services, technical support for gas equipment, and analytical services on gases and cylinders.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | B2B enterprise pricing for industrial and medical gas customers |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
BOC Gases product offering
Product offeringCore offering
Industrial and Medical Gases Nigeria Plc (formerly BOC Gases Nigeria Plc) manufactures and distributes industrial, medical, and specialty gases including oxygen, nitrogen, carbon dioxide, dissolved acetylene, helium, propane, hydrogen, and argon in cylinder and bulk forms. The company also delivers customer engineering services such as medical gas pipeline design and installation, bulk storage installation, safety and risk management, and after-sales technical support for healthcare and industrial clients across Nigeria.
Product overview
Industrial and Medical Gases Nigeria Plc (formerly BOC Gases Nigeria Plc) operates as a manufacturer and distributor of industrial, medical, and specialty gases. The product portfolio centers on core gas products including Oxygen, Nitrogen, Carbon Dioxide, Propane Gas, Helium Gas, and Dissolved Acetylene, supplemented by bulk CO2 and ASU offerings, scientific gases, refrigerants, and medical nitrous oxide/Enthonox. The company also offers a comprehensive suite of engineering services including Customer Engineering Services (bulk storage installation, medical pipeline design), Installation and Maintenance Services, After Sales Technical Support, and Safety and Maintenance Services. The company holds ISO9001:2015 and FSSC22000v.5.1 certifications and supplies gases to sectors including oil & gas, medical/pharmaceuticals, automobiles, food & beverages, and manufacturing.
Differentiator
Problem solved
Functional benefit
Products and services
- Oxygen
- Nitrogen
- Carbon Dioxide
- Propane Gas
- Helium Gas
- Dissolved Acetylene
- Bulk CO2 and Air Separation Unit (ASU) Supply
- Scientific Gases and Refrigerants
- Medical Nitrous Oxide and Enthonox
- Gas and Arc Welding Products
- Customer Engineering Services
- Installation and Maintenance Services
- After-Sales Technical Support and Maintenance
- Safety and Maintenance Services
Companies that use BOC Gases
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
BOC Gases technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
BOC Gases partnerships and signals
Strategic signalScale indicators6 records
Recent moves15 records
Expansion highlights5 records
BOC Gases competitors and assessment
Company assessmentOthers
- Dangote Group (Manufacturing customer): Africa's largest industrial conglomerate and confirmed IMG customer for engineered gas solutions. Relevant as a downstream buyer benchmark and as an indicator of large-scale industrial gas demand in cement and manufacturing.
- Nigerian Breweries (F&B customer): Major Nigerian brewing company and confirmed IMG customer for CO2 risk-management services. Relevant as a downstream indicator of F&B gas demand and as a reference customer comparable to IMG's full customer roster.
Direct peers
- Air Liquide Nigeria: Nigerian subsidiary of Air Liquide, a global industrial gas major. Directly competes with IMG in the Nigerian industrial and medical gas market, offering overlapping products (oxygen, nitrogen, argon, hydrogen, CO2) to similar enterprise customers with multinational balance-sheet support.
- Global Gases Group / Global Offshore Gases Nigeria: Niche industrial and specialty gas supplier active in Nigeria and West Africa. IMG's GM Sales & Marketing (Akinsola Abegunde) previously led Global Offshore Gases Nigeria's expansion into Ghana, Congo, and Mozambique, indicating direct overlap in specialty gas blending and offshore/diving gas applications.
Regional players
- Cryogas Engineering & Technologies: African cryogenic and industrial gas equipment/distribution specialist serving regional markets. Comparable as a regional competitor with overlapping ASU, CO2, and bulk gas supply capabilities focused on emerging-market customers.
Broad incumbents
- Messer Group: Global privately-held industrial gas company operating across Africa. Comparable as a multinational competitor with similar product breadth (industrial, medical, specialty gases) and emerging-market go-to-market approach.
- Linde plc: Former 60% parent of IMG and a global industrial gas leader. Continues to operate its own Nigerian industrial gas business following IMG's transition to a Nigerian-owned entity, competing head-to-head while also being the source of IMG's former operating standards and customer pipeline.
- Air Products: Global industrial gas incumbent with West African presence. Comparable as a large-scale competitor supplying oxygen, nitrogen, hydrogen, and specialty gases to oil & gas, healthcare, and manufacturing customers across emerging markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
BOC Gases social profiles
Digital presenceBOC Gases compliance and trust
Trust signalCompliance3 records
BOC Gases financial estimates
Financial estimateRevenue estimate
Valuation estimate
BOC Gases leadership team
Management profileNumber of profiles
Profiles17 records
BOC Gases funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BOC Gases M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BOC Gases
What does BOC Gases do?
Industrial and Medical Gases Nigeria Plc (formerly BOC Gases Nigeria Plc) manufactures and distributes industrial, medical, and specialty gases including oxygen, nitrogen, carbon dioxide, dissolved acetylene, helium, propane, hydrogen, and argon in cylinder and bulk forms. The company also delivers customer engineering services such as medical gas pipeline design and installation, bulk storage installation, safety and risk management, and after-sales technical support for healthcare and industrial clients across Nigeria.
Is BOC Gases a public or private company?
BOC Gases is a public company. It is classified as public and is currently operating.
When was BOC Gases founded?
BOC Gases was founded in 1959. It employs 51 to 100 people.
Where is BOC Gases based?
BOC Gases is headquartered in Oshodi, Nigeria, in the Africa region.
How does BOC Gases make money?
Four revenue lines are on record. Industrial Gases Sales are the primary driver. The others are medical Gases Sales, engineering and Installation Services and maintenance and After-Sales Support.
Who are BOC Gases's main competitors?
Others on record are Dangote Group (Manufacturing customer) and Nigerian Breweries (F&B customer). Direct peers are Air Liquide Nigeria and Global Gases Group / Global Offshore Gases Nigeria. Cryogas Engineering & Technologies is listed as a regional player. Broad incumbents are Messer Group, Linde plc and Air Products.
Does BOC Gases have an API?
No public API is recorded for BOC Gases.
What industry is BOC Gases in?
BOC Gases's product category is Industrial Gases. Its primary akta.pro industry code is IMAEACAF, Medical & Healthcare Gases, with a secondary code of IMAEACAI, Food & Beverage Gases (Carbonation/Freezing/Packaging). Its NAICS code is 32512.